Private Investment

Mavco and Avenue Capital Group acquire Hubergroup for global growth

The deal is projected as a strategic partnership to accelerate global growth, but regulatory approvals are still pending

PE investments in Indian real estate sector decline 4% in H1 FY25

The decline is said to be mainly due to a 79% drop in investments in the office sector

Time for private investment is now; delays risk economic competitiveness

Despite softening inflation, the degrees of freedom for the central bank to reduce interest rates might decrease, due to higher government borrowing to keep pump-priming the economy

Do policy reversals make a difference to the problem of private investment?

Policy reversals make little difference to the problem of private investment

Private equity player GQG Partners hikes stake in GMR Airports to 5.17%

Private equity player GQG Partners has hiked its stake in GMR Airports Infrastructure to 5.17 per cent by snapping up additional shares worth over Rs 433 crore through open market transactions. GQG Partners, also a key investor in Adani Group, purchased 0.43 per cent stake in GMR Airports Infrastructure on August 23, according to a regulatory filing on Wednesday. Prior to the transactions, GQG Partners held a 4.74 per cent shareholding in the company. Through its affiliates, Fort Lauderdale-based asset management firm GQG Partners acquired an additional 0.43 per cent or over 4.52 crore shares. At the closing price of Rs 95.85 apiece on August 23, the shares are worth more than Rs 433 crore. Earlier, GQG Partners held 7.66 per cent stake in the company but due to corporate actions, the shareholding reduced below 5 per cent, as per the filing. "On August 23, 2024, the acquirer and PACs (Persons Acting in Concert) acquired further shares of the company, resulting in their shareholdin

Look to resolve issues with deposit growth: HDFC Bank's Atanu Chakraborty

Says focused on creating personalised experience for customers

Congress slams govt over 'private investment plans slumping to 20-year low'

Expressing concern over new private investment plans reportedly slumping to a 20-year low in the first quarter of this fiscal, the Congress on Monday alleged India has suffered due to "random policy changes" and an atmosphere of "fear and intimidation". Congress general secretary, in-charge communications, Jairam Ramesh, in a statement alleged that everyday in the "Modi-Made Anyay Kaal" is a new record of economic failure. "We have already seen a 45-year high unemployment rate, a 50-year low household savings rate, and the first-ever decrease in real rural consumption. Now, we have another disturbing fact to reckon with. The Hindu reports that in the April-June quarter of this 2023/24 fiscal year, fresh investments announced by corporates is just Rs. 44,000 crore. This is a 20-year low," Ramesh said in a post on X. "Compare the decade of Manmohan Singh as Prime Minister with that of the non-biological PM. Investment as percentage of GDP (average over time) was 33.4% during the UPA a

KKR bets on domestic consumption story, private credit in India push

KKR has deployed about $11 billion in India over almost two decades, where it has invested in companies across healthcare, life sciences, technology services and consumer-focused sectors

India's economic outlook for next fiscal positive, says finance ministry

The finance ministry on Friday said with an uptick in private investment and inflation trending down, India's outlook for the next fiscal looks positive. The Monthly Economic Review also said that inclusion of Indian bonds in Bloomberg bond index from January 2025 should bolster inflows. It said robust investment activity is driving growth amid a steady rise in consumption. "The continued focus on public investment seems to have crowded in private investment," said the February edition of the review by Department of Economic Affairs. The National Statistical Office (NSO) has revised upwards the GDP growth estimate for current fiscal to 7.6 per cent from 7.3 per cent. India grew above 8 per cent for three consecutive quarters, reaffirming its position as a standout performer amid sluggish global growth trends. Various agencies echo a similar sentiment revising the FY24 growth estimates of India closer to 8 per cent, the ministry said. "On the whole, India looks positively toward

Saudi Arabia attracts $13 bn private sector investment in tourism industry

'The current GDP contribution is 4.5% and we aim to get that to 10% by 2030,' she said in an interview. 'We started from 3.2% when we opened up for tourism.'

India beats rivals in West Asia private capital deals since 2020: Reports

India accounted for more than half of all Asia deals with West Asia investors and 58% of the capital invested in Asia during the period, outpacing China and Southeast Asia

Animal spirit back in economy, private investment picking up: CEA

The expression 'animal spirits' was coined by celebrated economist John Maynard Keynes to refer to investors' confidence in taking action in terms of investment

Decadal perspective of Modi govt: Crowding in private investments

Though better than before, cost overruns remain a concern. Higher allocations for capital expenditure in FY25 despite the emphasis on prudence

Will interim Budget 2024 revive demand and investment?

The interim Budget 2024-25 on February 1 will likely see the central government boost investment, while still sticking to the fiscal consolidation path

Govt, MDB coffers don't have trillions of dollars: World Bank chief Banga

World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead of the WEF Annual Meeting in Davos next week, Banga said the immediate challenges before the world are conflicts in Gaza and Ukraine as also the debt situation in several emerging markets. In the longer term, the major challenges remain poverty and inequality as also those related to the environment, the former Mastercard chief said. Banga, also a member of the World Economic Forum's Board of Trustees, will be among the key global leaders at the five-day WEF Davos summit beginning January 15. Asked what could be the solutions to the problems of inequality and poverty, Banga said, "the best way to solve, aside from creating better

Public versus private challenges

The struggle to bridge the gap between defence exports and imports raises questions about the viability of strategic partnerships

Time for private sector to think big & bold for investment cycle: DFS secy

Banks need to do stress testing for cyber risks

Economics before politics good for the industry, says Ficci president

Shah explains his key focus areas and views on the economy as well as the industry

Private investment key to sustaining high economic growth rate: CEA

India's economic growth can become faster if the much-awaited private capital formation kicks into higher gear, Chief Economic Advisor V Anantha Nageswaran said on Friday. Nageswaran said that post-COVID financial balance sheets of corporates have been positive. "For economic growth we need to have investment spending ... India economic growth can become faster and accelerate if the much awaited private capital formation kicks into higher gear," he said while addressing an event organised by industry body FICCI. The CEA pointed out that in terms of instilling confidence in the private corporate sector, the government in 2019 reduced the corporate tax rate. Underscoring the significance of robust private investment in driving economic growth amidst global uncertainty and geopolitical shifts, Nageswaran urged the private sector to embrace uncertainty and proactively invest, saying, 'the more the private sector begins to put capital to work, the lesser will be the uncertainty." The .

Investment for growth

Encouraging private investment stays a challenge