•   
  •   
  •   

Health & Fit As Asian Deals Disappear, India Becomes Unlikely M&A Hotspot

04:00  09 july  2020
04:00  09 july  2020 Source:   msn.com

Shop Best Buy online: The best deals on 4K TVs, laptops, and more at Best Buy's online store

  Shop Best Buy online: The best deals on 4K TVs, laptops, and more at Best Buy's online store Save big with the best deals available at Best Buy's online store – price drops on 4K TVs, laptops, smart watches, and more with delivery or curbside pickup available.One of the toughest parts about quarantine is not being able to window shop through your favorite stores. Walking the aisles searching for that one item that gets your attention, whether it be on sale or just something that catches your eye. Browsing through page after page of products doesn't quite recreate the magic of the store, but it can be a bit easier at least.

India 's financial capital Mumbai has taken the biggest hit from the outbreak of novel coronavirus. © ASSOCIATED PRESS An Indian police officer keeps watch from atop a building over Dharavi, one of Asia 's largest slums, during lockdown to prevent the spread of the new coronavirus in Mumbai, India

India ’s rate of daily new infections is still rising despite confining virtually all its 1.3 billion citizens to their homes as many live in highly congested neighborhoods which makes social distancing impossible. Even among India ’s middle-class families, four or more often share a one-bedroom apartment in cities.

(Bloomberg) -- Mukesh Ambani’s ambitious courtship of international investors has helped turn India into a rare bright spot for dealmaking in 2020, a shift that bankers say is likely to continue as the battle for the country’s digital economy heats up.

Thanks in large part to $15 billion of investments in Ambani’s technology venture from the likes of Facebook Inc. and Silver Lake Partners, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998. The country’s tally has jumped 18% from a year ago to $55.3 billion, defying an 18% slide for the region, according to data compiled by Bloomberg.

20 Ways to Cut 200 Calories From Your Fast Food Order

  20 Ways to Cut 200 Calories From Your Fast Food Order Fast food doesn't have to break the calorie bank. Follow these expert-approved trades on how to cut 200 calories from some of the most popular fast foods.

Essentially, he becomes a different person: new looks, new personality, new everything. But one thing that never changes is his genius, and his sense of humor. This means, that every four years or so, when the actors playing the Doctor decide to move on to different projects and leave the show

It’s unlikely the new virus will disappear the way its close cousin SARS did 17 years ago, as it infects some people without causing obvious symptoms like fever. Some public health experts are calling for the virus to be allowed to spread in a controlled way through younger populations like India ’s, while

a screenshot of a cell phone: Bigger Share © Bloomberg Bigger Share

With half a billion Internet users and growing, India is witnessing pitched battles in everything from e-commerce and content streaming to messaging and digital payments -- similar to the early days of China’s digital boom. The sector’s importance has only increased this year as the Covid-19 pandemic pushed India to impose the world’s biggest lockdown in late March.

“India has become one of the busiest markets for M&A in Asia,” said Kerwin Clayton, co-head of M&A for Asia Pacific at JPMorgan Chase & Co. “Global companies and investment funds are pondering more options to enter India, in a similar way to what happened with China a decade or so ago.”

Read More: Meet the Man Who Made Facebook-Jio Deal Happen for Ambani

72 Incredible Designer Deals From Our 27 Fave Brands in Amazon’s Big Style Sale

  72 Incredible Designer Deals From Our 27 Fave Brands in Amazon’s Big Style Sale 72 Incredible Designer Deals From Our 27 Fave Brands in Amazon’s Big Style SaleAmazon’s incredible Big Style Sale is still going strong — and it’s not slowing down. If anything, we’ve discovered more and more amazing deals to score now! To help you get organized, we created this handy breakdown of all of the categories that you can explore.

India Today's Divyesh Singh joins in for more on this. PagesBusinessesMedia/news companyBroadcasting & media production companyIndia TodayVideos#ArthurRoad Jail in #Mumbai becomes covid hotspot .

Authorities in India have started identifying emerging hotspots and taking cluster containment measures, said Lav Agarwal, a senior official of the health ministry. Officials have increased testing in at least 10 identified areas, which include Delhi’s Nizamuddin, the towns of Noida, Meerut in northern

Billionaire Ambani’s Jio Platforms Ltd., which houses movie, music apps and India’s biggest wireless carrier, is front and center in the surge of activity. The latest to join Jio’s list of investors is an arm of computer chip giant Intel Corp., propelling its valuation to $65 billion.

“There was significant deal activity in the tech space already but nothing of the speed and quantum we witnessed in Jio Platforms,” said Aalok Shah, managing director at Rothschild & Co. “Jio Platforms is a unique opportunity which attracted significant investor interest.”

The health care and infrastructure sectors are also going to see a surge in investment, Shah said. Sectors such as industrials and travel that have borne the brunt of the Covid-19 pandemic will be hit with divestment, and distressed asset sales will take place, he said.

The pandemic has also put pressure on the country’s long-suffering financial sector. Indian companies, including banks, are more likely to raise funds in the markets to boslter their buffers, according to Srinivas Balasubramaniam, a senior partner at KPMG India. ICICI Bank Ltd. said Wednesday that it plans to raise as much as 150 billion rupees ($2 billion), while Axis Bank Ltd. announced plans last week to raise as much as $2 billion.

As Asian Deals Disappear, India Becomes Unlikely M&A Hotspot

  As Asian Deals Disappear, India Becomes Unlikely M&A Hotspot Mukesh Ambani’s ambitious courtship of international investors has helped turn India into a rare bright spot for dealmaking in 2020, a shift that bankers say is likely to continue as the battle for the country’s digital economy heats up. Thanks in large part to $15 billion of investments in Ambani’s technology venture from the likes of Facebook Inc. and Silver Lake Partners, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998. The country’s tally has jumped 18% from a year ago to $55.

Learning How To Disappear Completely Is Easier Than Doing It. However, If You Follow This Guide An Disappearing is a big deal . It’s an action not to be taken lightly. It scares people and raises a lot of I’ll reiterate: Disappearing is a big deal . It has repercussions that reach beyond your own life.

India Today TV is India 's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India

“A consolidation of financial services will start once the capital raising is done and dusted,” Balasubramaniam said. “The current economic slowdown coupled with the pandemic is likely to see the central bank force the hand of banks that have large subsidiaries and regulate them to dilute their stakes.”

Read More: Goldman India CEO Tells Clients Liquidity is the ‘Biggest Theme’

China Factor

Recent political tensions between India and China have cast a heavy pall over dealmaking prospects between the neighboring countries. Even before their worst military clashes in 45 years, the Indian government drew China’s ire with its move in April to tighten foreign investment rules on countries it shares a border with.

Chinese companies pledged to invest about $579 million in Indian companies in the first six months of this year, down from $1.5 billion for the same period in 2019, according to data compiled by Bloomberg.

The Nordstrom Anniversary Sale 2020 Has Major Beauty Deals You Won’t Want to Miss

  The Nordstrom Anniversary Sale 2020 Has Major Beauty Deals You Won’t Want to Miss We’re talking discounts on essential skin care, high-tech hair tools, and luxury makeup.Starting August 4, there are so many major beauty discounts at the ready, depending on your Nordstrom cardholder status—which, by the way, is free to sign up for. If you’re truly about that life and have enough points to have reached Icon status in the Nordy Club, you can start shopping now, followed by Ambassadors on August 7, Influencers on August 10, and general Nordstrom cardmembers on August 13. Or, if you’re okay with missing out on the seriously good steals, you can shop the sale when it opens up to everyone from August 19 to August 30.

In less than 2 years, “Hamilton” has become a cultural phenomenon. Not only did it introduce many teenagers to the world of theatre, it also gave the world a history lesson. The show humanizes the founding fathers, shows us that they were actual people with emotions and personal relationships.

Latin America has become a hot spot for U.S. deal makers. Deal -hungry execs could be in for a surprise, however, after the country’s October presidential elections. Former President Luiz Inacio “Lula” da Silva, who headed the left-wing Workers Party before announcing Rousseff as his heir apparent

a screenshot of a cell phone: Deals Interrupted © Bloomberg Deals Interrupted

Even as both countries have agreed to deescalate tensions on their disputed border, bankers are expecting further slowdown of Chinese investments for the rest of the year. Yet some are taking the long view.

Ganges River flows with history and prophecy for India

  Ganges River flows with history and prophecy for India CNN's Don Lemon speaks to Michael Osterholm, director of the Center for Infectious Disease Research and Policy, who wrote in a New York Times op-ed about how he thinks another lockdown in the US would "crush the spread" of Covid-19 until a vaccine arrives.

“There could be delays in new investments or existing investments being topped up this fiscal year,” Balasubramaniam said, adding that the onset of winter will help limit further clashes over territory. “Chinese investments will likely pick up momentum late next year given the current border standoff.”

Read More: India’s Growing Economic Reliance on China May be Tough to Break

In the meantime, global investors including private equity firms are driving transactions with India.

KKR & Co. said last week it will acquire a controlling stake in J.B. Chemicals and Pharmaceuticals Ltd., while Carlyle Group plans to purchase a 20% stake in Indian billionaire Ajay Piramal’s pharmaceutical business.

The country’s antitrust regulator recently approved Facebook’s $5.7 billion investment in Jio, paving the way for a slew of smaller investments in the digital services business.

“We are already witnessing an increased momentum in deal activity and it is likely to accelerate over the next six months,” Rothschild’s Shah said.

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.


Video: Seeing more 'megadeals' despite pandemic, UBS private capital head says (CNBC)

There Are Already Black Friday-Level Sales on TVs Right Now .
You can save up to $200 now.

usr: 2
This is interesting!