News Formal

Breakingviews - Breakingviews: Adani re-ups India’s emerging market risk

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

India is making its way onto global investors’ maps. How the country’s financial authorities tackle the $65 billion selloff at Gautam Adani’s eponymous infrastructure empire following a short-selling attack may determine how soon the country establishes itself as a reliable investment destination.

For those who passively track stock market indexes, the controversy engulfing Adani, briefly the world’s third richest man, may act as a deterrent from an already expensive market. Companies in the MSCI India Index, where the tycoon’s companies have an almost 5% weighting, trade on an average multiple of 21 times forecast earnings for the year ahead, compared to 12 times for MSCI’s broader emerging markets benchmark.

at credit rating agencies to instil better market discipline. How the former banker handles Adani will make a big impact. In the meantime, the turmoil is a reminder to investors of the danger of investing blindly in emerging markets.Follow @ugalani and @ShritamaBose on TwitterShares of the Adani group companies have lost $65 billion since Jan. 25 after U.S. short-seller Hindenburg Research published a research note on the group.

Adani on Jan. 29 published a 413-page response to Hindenburg’s report, which alleged the Indian group was “pulling the largest con in corporate history” including “brazen stock manipulation and accounting fraud”.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 470. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Breakingviews - Adani re-ups India’s emerging market riskIndia is making its way onto global investors’ maps. How the country’s financial authorities tackle the $65 billion selloff at Gautam Adani’s eponymous infrastructure empire following a short-selling attack may determine how soon the country establishes itself as a reliable investment destination. One think understood well. We gonna take over on population soon
Bron: Reuters - 🏆 2. / 97 Lees verder »

India's Adani Group CFO says stocks rout similar to colonial-era massacreIndia's Adani Group has said a U.S. short-seller's report on the business house was a 'calculated attack' on the country and its institutions while a senior executive has compared a rout of its stocks with a colonial-era massacre. Adani proving they are complete rogues then. Any relationship with INFOSYS? He is losing his job and his mind 🤣 Company mei dramebaaz log zayada hai adani ke
Bron: Reuters - 🏆 2. / 97 Lees verder »