The foreign direct inflows in India will continue to surge as long as the "China plus one" strategy combined with the production linked incentive (PLI) schemes are working, highlights a report by Jefferies, an investment banking and capital markets firm.
This shift comes with its challenges, notably high-interest rates that typically range between 10 per cent to 36 per cent per annum, depending on the borrower's credit history.
At an investors' meeting, the Adani Group management outlined a strong FY24 operating performance -- a 27 per cent compound annual growth rate (CAGR) for five years -- and a significantly improved leverage profile across businesses.
With the US economy having created far more jobs than expected in May and consumer inflation in the country still looming above a comfortable range, its central bank Federal Reserve is unlikely to tinker with policy rates ahead of the much-awaited Presidential election scheduled later this y
Adani Group, whose market capitalisation was badly hit by a US-based short seller report in early 2023, has recovered from the losses and the Indian conglomerate is back on an "expansion spree".
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
Brokerages, including Bank of America (BofA), JM Financial Services, Jefferies, Motilal Oswal Financial Services, and Dolat, have maintained a 'buy' rating on Paytm stock, expressing confidence in the company's strategic moves.
American multinational independent investment bank and financial services, Jefferies, has said the Indian telecom sector is likely to turn into a duopoly sooner than expected, attributable to a decline in Vodafone Idea subscribers.
China is escalating its chip war with the United States by imposing export controls on the overseas sales of gallium and germanium, elements essential to making semiconductors.
Mumbai (Maharashtra)/New Delhi [India], June 1: Cyril Amarchand Mangaldas advised the book running lead managers (BRLMs), namely, Kotak Mahindra Capital Company Limited, Axis Capital Limited, IIFL Securities Limited, Jefferies India Private Limited, and J.P. Morgan India Private Limited on t
The investment has made GQG a key investor in the development and growth of critical Indian infrastructure. Jefferies India acted as the sole broker for the transaction.