The latest capital infusion comes months after Aequs had raised Rs 225 crore in April in a funding round led by Amicus Capital.
Donald Trump‘s plans to ‘Make America Great Again‘ might not come to pass if he continues his swashbuckling style of tearing up trade pacts and erecting walls between countries.
In a CNBC-TV18 special series Wizards of Dalal Street — A Fresh Breeze, Ramesh Damani caught up with Narender Nagpal, Partner, Amansa Capital who shared his views on India‘s specialty chemicals industry.
Emerging markets as an asset class have witnessed immense headwinds and if outflows from these markets worsen, India will not be able to stay immune, says Akash Prakash of Amansa Capital.
Akash Prakash, CEO and director of Amansa Capital has an optimistic view on media space.
According to Akash Prakash, people are starting to believe that India‘s 5 percent gross domestic product (GDP) is probably the bottom of the cycle and that growth will tick up from here.
If there is a broad based redemptions happening across emerging markets (EMs) then foreign institutional investors (FIIs) don't have a choice because they cannot sell everything else and not sell India, says Akash Prakash of Amansa Capital.
Akash Prakash of Amansa Capital, talks about how he expects the market to do well and expect next year to be an overall positive year. He also says that for the market to move up it clearly need supportive action from the government on the reforms front to improve the investment climate.
Akash Prakash, Fund Manager and CEO, Amansa Capital says market wants to hear fiscal deficit at 5% of GDP. The RBI had categorically said that it will only cut rates now once it gets to some kind of fiscal discipline.
Aakash Prakash of Amansa Capital foresees a possibility of the market seeing one more leg down in the first quarter this year.
Experts decode FY12 with their Crystal Ball view.
Ace investor Rakesh Jhunjhunwala said crude is a big blockade for India and as long as it stays above USD 85-90 per barrel, he sees upsides for the market being capped.
Akash Prakash of Amansa Capital is expecting more downside from the current levels. In an interview to CNBC-TV18, he said that there might be short-term bounce due to oversold nature. According to him, the market is likely to see another 5-10% correction.