Tag: nomura

From coal to cars, Chinese floods tangle supply chains

The floods drenching central China and submerging swathes of a major economic and transport hub are threatening supply chains for goods ranging from cars and...

Stock market bubble: Will RBI warning of a bubble in stocks require followup action?

US Department of Justice has opened a probe into the $20 billion implosion of the family fund Archegos Capital Management that led to more than...

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

With the resurgence of COVID-19 cases posing risks to economic recovery, leading brokerages have downgraded India‘s GDP growth projections for the current fiscal year to...

India’s business activity falls to levels last seen in December

Business activity in India dipped further in the second week of April as states imposed stricter restrictions amid an intensifying second wave of Covid-19, according...

Archegos fallout: Hedge fund fallout wipes over $9 bn from market value of Credit Suisse, Nomura

LONDON: Shares in Nomura and Credit Suisse fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week...

Gland Pharma Ltd.: The Indian IPO that saw tepid bids 4 months ago is spinning money now

NEW DELHI: This IPO barely sailed through in November 2020 with a lot of struggle. The quotas reserved for HNIs and retail investors in the...

Sona Comstar IPO: Blackstone-owned auto parts firm Sona Comstar set for Rs 6,000-cr IPO

Mumbai: Sona Comstar, leading Indian auto component maker owned by PE fund Blackstone Group Inc, is set to raise about Rs6000 crore ($825 mn) through...

indian economy: India likely to outperform Asian economies, clock 12.8% growth in 2021: Nomura

Sonal Varma, MD & Chief Economist (India and Asia ex-Japan) Saion Mukherjee, MD & Head of India Equity Research, Nomura, in conversation with ET Now....

Motown diaries: Expect double-digit wholesale growth in December

NEW DELHI: Reflecting the economic recovery and revival in demand, analysts expect a strong wholesale growth rate for tractors, two-wheelers and passenger vehicles in December....

India fiscal deficit could widen to 8.6% in FY21: Nomura

Mumbai: With several statements by finance minister Nirmala Sitharaman hinting towards an expansionary federal budget, brokerage house Nomura on Wednesday forecasted that India’s fiscal deficit...

Goldman Sachs: Indian economy may contract 0.4% in FY21, says Nomura and Goldman Sachs

Mumbai: Two foreign brokerages on Friday predicted a contraction of 0.4 per cent of India’s GDP in the current financial year due to the impact...

Analysts flag growth concerns post lockdown extension

Mumbai: The 19-day extension of the lockdown on Tuesday by Prime Minister Narendra Modi led analysts to flag concerns over its economic impact, with some...