Posts Tagged ‘investments in India’

India May Lead the Second Wave of IT Adoption :)

India-lead-IT-adoption-IBM

As companies kept up investments in spite of the downturn and seemed more advanced than their counterpart globally it is said that India may lead the second wave of IT adoption.

IBM Corp. has come up with the concerned statement.

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According to the IBM survey, 40% of Indian companies stated that they wanted to be first to take up a new technology, while 11% said they would wait till technology was widely available.

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Moreover, companies have cut back less and have really continued their investments in India which is balanced to lead the second wave of IT adoption whereas small-and-medium businesses (SMBs) are the engines motivating the economic development.

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On the other hand, recession forced 37% companies worldwide to decrease their IT budgets as compared to 15% in India.

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Further, the IBM recognized India as one of its main growth markets and will continue to invest here along with Brazil, China and Russia.

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Moreover, IBM plans to cash in on the business coming from SMBs representing more than 90% of all businesses employing over 90% of the world’s workforce in order to produce more patents than large firms.

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Movers and Shakers of Today’s Market : 22nd AuG,2009 :)

gainers and Losers

MOvers and Shakers

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Here we present you with the data of Top Gainers and Losers in BSE Index and NSE Nifty for today.

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Top Gainers shows the list of stocks that have gained the most (% terms) compared to their last closing prices. πŸ™‚

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Top Losers shows the list of stocks that have lost the most (% terms) compared to their last closing prices.

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1. Top Gainers in Sensex

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Top Gainers Sensex

2. Top Losers in Sensex

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Top Losers Sensex

3. Top Gainers in Nifty

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Top Gainers

4. Top Losers in Nifty

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Top Losers Nifty


Click HERE to view company’s detailed stock quote and company profile.

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Top Gainers shows the list of stocks that have gained the most (% terms) compared to their last closing prices. πŸ™‚

Top Losers shows the list of stocks that have lost the most (% terms) compared to their last closing prices. 😦

Institutional Investors have become more sceptical in committing funds!

Equity Head

Private equity firms are becoming cautious about making fresh investments in India with less funds flowing into this segment as institutional investors have become more skeptical in committing funds without thorough research, experts says.

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The rush for PE investments into India has slowdown a bit at present.

Managers are studying the companies more carefully before making any new investment commitment as of now.

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PE funds investing in India has turned cautious and limited partner or the part owners of funds are raising questions over the intent of the investment owing to the fact that global PE fund dipped to record lows during the second quarter of 2009.

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“Limited partners or institutional investors are increasingly becoming sceptical about their investment decisions and are questioning the intent of the General Partners,” SMC Capitals Equity Head Jagnnadham Thunuguntla said.

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PE funds are now preferring to liquidate their stake asΒ Β  capital market sentiment is improved.

The degree of scepticisim in the Indian Market has reduced to what it was few months back.

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However, with the capital market boom, PE funds are now preferring to exit via open market transactions,” Thunuguntla added.

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However, India is among the few markets wherein the PE firms are still looking at investments in times of downturn, though cautiously.

During second quarter 2009, globally 89 private equity funds reached a final close securing $79.7 billion among them. as per the latest survey.

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“The capital market bounce starting April 2009 has seen several PE (Private Equity) funds selling their investments in the open market.

The recent market bounce has given a fresh breather of life for several PE investments with impressive recovery of losses,” Thunuguntla said.

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Private equity firms are becoming cautious about making fresh investments in India with less funds flowing into this segment as institutional investors have become more sceptical in committing funds without thorough research, experts says.