Reliance Industries chairman Mukesh Ambani might have made news for purchasing the most expensive beach-side villa in Dubai recently, but he is not the only Indian eyeing the city for investment. Since Dubai allowed foreign investors full ownership in specific sectors in June 2021, a horde of Indian companies have moved or expanded into the desert city. The list even includes a kindergarten, an elementary and middle school, and a hotel that has sought 100 per cent ownership.
Electrolux on Thursday said that it would source components worth Rs 135 crore (Rs 1350 million) from India for its factories in Sweden, Italy, the United States and Australia.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Corporate affairs ministry sending notices seeking details of fund disbursal
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