International and Emerging Markets Blog
Wednesday, September 01, 2010
| Posted by: Stephen Weatherseed
Categories:
Brazil,
China ,
Russia,
Korea,
India
| Tags: emerging markets,
Stephen Weatherseed,
international,
growth,
risks,
expansion,
resources,
risk management,
manufacturing
UK companies’ reluctance to embrace challenging markets is compromising business and ‘Little Britain’ risks losing out on the emerging markets success story. But it’s not rocket science, says Stephen Weatherseed, Grant Thornton’s Head of China Group, it’s risk management.
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Thursday, August 26, 2010
| Posted by: Fiona Cullinan
Categories:
India
| Tags: business,
India,
India Economy,
data,
trade,
report,
news,
statistics,
BBC,
UK,
David Cameron,
Divya Baweja
Trade friction means that India and the UK shouldn’t rely on historical ties to keep deals afloat but should focus on feeding their mutual interests. What the two sides have to offer each other in the global economy was the subject of a recent report by BBC India.
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Thursday, August 12, 2010
| Posted by: Grant Thornton
Categories:
India
| Tags: business,
India,
LSE,
India Watch,
M&A,
India Economy,
data,
news
While we publish each India Watch issue here on the International and Emerging Markets blog, we know many of you will want to get this news-packed report delivered hot off the press and direct into your inbox. Just ping us on the email address below to sign up.
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Tuesday, July 20, 2010
| Posted by: Grant Thornton
| Tags: business,
finance,
global,
economy,
Grant Thornton,
IBR,
International business report,
Clare Hartnell,
Real Estate,
audioboo,
Construction,
podcast
It is fair to say that there is some optimism creeping into the mindset of the players in the construction and real estate sector. Transactions are definitely on the up. However there is still only limited finance available.
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Thursday, July 15, 2010
| Posted by: Fiona Owen
Categories:
India Watch Issue 9
| Tags: India,
LSE,
Grant Thornton,
India Watch,
South Asia Group,
Fiona Owen,
Capital Markets,
London Stock Exchange
Grant Thornton’s latest India Watch Index reveals that, over the last quarter, there has been a drop in the share prices of India-focused oil and gas companies listed on the London Stock Exchange (LSE). This was, however, not unexpected given the knock on effect of BP’s exploration disaster in the Gulf of Mexico. Nevertheless, it has in-turn set back the India Watch Index, which was further impacted by other environmental concerns in connection with the mining sector. As a result of the above, a number of investors in the natural resources sector are now beginning to anticipate that India may introduce tougher regulatory rules for oil exploration, deepwater drilling and mining.
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Thursday, July 15, 2010
| Posted by: Alex Wright
Categories:
India Watch Issue 9
| Tags: investment,
finance,
India,
global,
Grant Thornton,
South Asia Group,
economic,
Alex Wright,
Indian Economy,
South Asia
Now that we are more than half way through 2010, we are in a position to take stock of the first 6 months of the year and look ahead to what the second half of this year may hold for the Indian economy.
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Thursday, July 15, 2010
| Posted by: Grant Thornton
Categories:
India Watch Issue 9
| Tags: India,
Grant Thornton India,
South Asia Group,
deals,
Indian Economy,
M&A,
Cross border,
Deal Tracker,
Mergers and acquisition
As highlighted in our economic update, India’s economy continues to grow at a remarkable rate. While there continues to be fiscal matters which the Government will need to address in the short to medium term, business activity is very much on the rise.
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Thursday, July 15, 2010
| Posted by: Koushik Vasudevan
Categories:
India Watch Issue 9
| Tags: business,
investment,
India,
global,
economy,
Elara Capital
Indian markets are among the few around the globe which enjoy ‘growth’ and ‘defensive’ premiums at the same time. At a consensus EPS of INR1050 for the Sensex, we are trading at the higher end of P/E (17x), which is more than the historical one year forward of around 15.5x. In the long term, favorable demographics and an infrastructure-driven Indian economy offers good long-term investment opportunities which should ideally push this multiple even higher. Given the current global scene, we would ideally like to be positioned in the domestically driven themes. With a strong volume growth, supple input costs and positive operating leverage acting as a cushion to margins, Auto companies seem impressive for the rest of the year. Infrastructure stocks are slated to report a stable performance in the coming quarters, supported by the growth momentum in H2FY11 and a pickup in execution across segments. We would bet on emerging diversified infra themes, especially a play on energy and roads over the next 15-18 months.
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Thursday, July 15, 2010
| Posted by: Grant Thornton
Categories:
India Watch Issue 9
| Tags: investment,
India,
Grant Thornton,
South Asia Group,
deals,
M&A,
South Asia,
acquisitions,
mergers,
Sanjeev Gandhi
Predictably 2009 saw a significant drop in M&A activity in India. As sentiment picks up with the global economic recovery, we are seeing definite signs that India Inc. is once again ready for a sustained cross-border deal-making trend.
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Friday, July 09, 2010
| Posted by: Fiona Cullinan
Categories:
China
| Tags: business,
investment,
M&A,
tips,
China,
success,
acquisitions,
failure,
mergers
China offers a potential great business leap forward for many UK companies looking at M&A in emerging markets. But there are four key issues that they fail to appreciate when doing business the Chinese way, says Jason Ramey, partner with Grant Thornton International, currently on secondment to Grant Thornton China.
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