The veteran fund manager shares why he believes the country is riding a growth crescendo that can last decades
India's speciality chemicals sector faces short-term challenges but is poised for long-term growth as it capitalises on opportunities to replace China's chemical exports. ASK Investments Managers' Bharat Shah remains optimistic about the sector's potential.
The company said the commitment for the golden decade fund comes from 1,000 investors and 87 percent of these investors are individual resident Indians, who mostly come from Mumbai and Delhi-NCR.
With an aim to attract investments from high net-worth individuals and ultra-high-net-worth individuals for long-term and consistent wealth creation, the fund is targeting to raise a total of Rs 1,500 crore.
Blackstone, the world’s largest alternative asset manager, said that it has acquired a majority stake from its peer Advent International and other sellers.
These four companies had approached SEBI between June and August, seeking its clearance to launch initial public offers.
The company that primarily caters to the HNI and ultra HNI market in India is likely to raise approximately Rs 2,000 crore through IPO, sources told Moneycontrol.
It is better to stick to retail lending till bad loans recognition in the corporate banking space is completed, says Prateek Agrawal, Business Head and Chief Investment Officer at Ask Investment Managers.
Markets are trading around 15% lower than historical trading averages at sub 13XFY13 earnings, says Prateek Agrawal, CIO, ASK Investment Managers Pvt Ltd.
Sameer Kamdar, CEO & MD, Ask Investment Managers is bullish on Infosys, TCS and HCL Tech.
Rajan Malik, Head Equities, MF Global feels uncertainty still clouds investors' sentiments despite the recent rise in stocks because expectations from this quarter's earnings are pretty muted.
Sameer Kamdar, CEO, Ask Investment Managers is bullish on agri space.
Reliance Industries may continue to underperform, says Sameer Kamdar, CEO, Ask Investment Managers.
Sameer Kamdar, CEO, Ask Investment Managers view on realty.
The weakness continued at the markets for the third straight session. The Nifty shed another 30 points to close below 6,050.