logo
Indian Equity Capital Market Action Resumes Amid Tariff Uncertainty

Indian Equity Capital Market Action Resumes Amid Tariff Uncertainty

Bloomberg21-05-2025

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Local stocks are likely to open flat this morning, tracking the sluggish trend in global equities. Concerns over high valuations persist, making investors cautious about chasing prices. The earnings season is ongoing, with key announcements due from Oil and Natural Gas Corp., IndusInd Bank and Interglobe Aviation.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Miniso Is Said to Hire JPMorgan, UBS for Top Toy's Hong Kong IPO
Miniso Is Said to Hire JPMorgan, UBS for Top Toy's Hong Kong IPO

Bloomberg

time38 minutes ago

  • Bloomberg

Miniso Is Said to Hire JPMorgan, UBS for Top Toy's Hong Kong IPO

Miniso Group Holding Ltd. has hired JPMorgan Chase & Co. and UBS Group AG for the planned initial public offering of unit Top Toy in Hong Kong, according to people familiar with the development. Miniso is also looking to bring fresh investment into Top Toy from potential backers such as sovereign wealth funds before the share sale, the people said, asking not to be identified discussing a private matter.

Marriott's Strategy for Its New Series Brand: Why It Started in India
Marriott's Strategy for Its New Series Brand: Why It Started in India

Skift

time39 minutes ago

  • Skift

Marriott's Strategy for Its New Series Brand: Why It Started in India

Sure, Marriott had the scale, but it lacked a midscale brand in India — until now. With Fern and the launch of Series, it's finally filling the gap and going all-in on India's fastest-growing hotel segment. When Marriott International introduced its newest global brand — Series by Marriott — it chose India as the launch market and took the unusual step of making an equity investment in its local partner, Mumbai-based Concept Hospitality. Asked if this is the hotel company's first equity investment in the Indian hotel sector, Rajeev Menon, president of Asia Pacific (excluding China) at Marriott International, said, 'You could say that. Marriott will only invest for very strategic purposes. And we see this as a very unique opportunity.' It's a notable move for the hotel giant, which traditionally expands through franchise and management contracts and typically launches brands in Western markets. 'For the 24 years that I've been with Marriott, very rarely do we make investments,' said Menon. 'So you can understand t

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store