Indian banking sector is opening up?
I quote a Bloomberg news report of 8 December 2020 that the unprescedented takeover of a private Indian bank (Lakshmi Vilas Bank/ LVB) by a foreign competitor (DBS India) signals that the Indian banking sector is opening up- Nirmala Sitharaman. ( Indian Finance Minister). I disagree with that opinion. Let us be absolutely clear....
Despite Covid-19, India in fast food eating frenzy
An Indian bread supplier to McDonald’s, Burger King and KFC will launch its IPO next week. Mrs Bectors hopes to raise Rs5.4bn (US$73m). Should not be a problem. Indian investors love Western fast food made the Indian way. Last week, Burger King India’s initial public offering drew bids of US$9.5 bn, or more than 150 times...
Can India afford to boycott Chinese investors?
The Chinese reportedly killed 20 Indian jawans and seized Indian territory. India retaliated by banning ByteDance’s hugely popular video-streaming app TikTok and 598 other Chinese apps on national security concerns. Not that silly of India because this significantly narrows a top growth market for Chinese technology firms...
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