Recent Posts

Tata mulls IPO of its luxury unit Jaguar Land Rover

Bloomberg Tata Group is considering an initial public offering of Jaguar Land Rover, the luxury-car maker the Indian conglomerate bought in 2008 for $2.4 billion, people with knowledge of the matter said. Senior Tata Group officials have held preliminary internal discussions over the past few months about the potential listing of Jaguar Land Rover on an international stock exchange, according ...

Read More »

Investors shun Indonesia developers amid home price surge

Bloomberg Analysts love them, investors loathe them. Three out of the seven Indonesian stocks which have unanimous buy recommendations from analysts are residential developers and all of them have fallen by at least 16 percent this year. Predictions that lower interest rates in Indonesia and last month’s decision by Standard & Poor’s to raise its sovereign rating to investment grade ...

Read More »

New India tax seen tempering trade growth with imports at risk

Bloomberg Economic reform has slowed the flow of cars, electronics and furniture into India and the roll out of a national sales tax may temper import growth for the rest of this year, according to Maersk Line, the South Asian unit of the world’s largest container shipping company. Imports are more sensitive than exports to the goods and services tax, ...

Read More »
Send this to a friend