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FIIs moving to safer markets like South Korea and Taiwan due to rising COVID cases in india: Dr VK Vijayakumar of Geojit Financial Services

FIIs moving to safer markets like South Korea and Taiwan due to rising COVID cases in india: Dr VK Vijayakumar of Geojit Financial Services Kshitij Anand © Kshitij Anand FIIs moving to safer markets like South Korea and Taiwan due to rising COVID cases in india: Dr VK Vijayakumar of Geojit Financial Services FIIs have been consistent sellers since early April having sold equity worth Rs 16,500 crore during April 1 and May 7. They have been selling in India due to the COVID second wave concerns and moving to safer markets like South Korea and Taiwan, Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said in an interview with Moneycontrol’s Kshitij Anand. Edited excerpts:

DAILY VOICE | Pramod Gubbi of Marcellus lists 3 characteristics to look for in long-term wealth creators

DAILY VOICE | Pramod Gubbi of Marcellus lists 3 characteristics to look for in long-term wealth creators Moneycontrol 7 hours ago Kshitij Anand © Kshitij Anand DAILY VOICE | Pramod Gubbi of Marcellus lists 3 characteristics to look for in long-term wealth creators Pramod Gubbi, Marcellus Investment Managers said that they look at three characteristics in a company: 1) clean governance and accounting; 2) sensible capital allocation and 3) sustainable competitive advantages. Gubbi has about 30 years of experience in Indian financial markets. Prior to this, he served as the head of Ambit’s Singapore office from 2013-2016. Before joining Ambit, Pramod worked across sales and research functions at Clear Capital, a British equity research firm.

[Startup Bharat] How Karekeba Ventures is enabling access to mentorship, network, and capital to entrepreneurs in Bihar

[Startup Bharat] How Karekeba Ventures is enabling access to mentorship, network, and capital to entrepreneurs in Bihar May 6, 2021 Started in 2020, the Patna-based startup is an incubator-cum-angel investment platform that aims to build an entrepreneurial ecosystem in smaller towns. 0 CLAPS true Entrepreneurship has always been considered a big city phenomenon. While India has a vibrant startup ecosystem, it is often confined to select developed geographies. States like Bihar, Jharkhand, Uttar Pradesh, West Bengal, and Odisha, and some Tier II, Tier III towns, as well as rural India, lack an entrepreneurial ecosystem, which inhibits their opportunities. Empowering such startups in Bihar is

DAILY VOICE | Market willing to give higher multiple to firms that can deliver higher growth: Srinivas Rao Ravuri of PGIM India MF

DAILY VOICE | Market willing to give higher multiple to firms that can deliver higher growth: Srinivas Rao Ravuri of PGIM India MF Kshitij Anand © Kshitij Anand DAILY VOICE | Market willing to give higher multiple to firms that can deliver higher growth: Srinivas Rao Ravuri of PGIM India MF Srinivas Rao Ravuri, CIO-Equities, PGIM India Mutual Fund said that the market is willing to give higher multiple (P/E, EV/EBIDTA) to companies that have the potential to report higher growth rates for a sustainable period. Ravuri has over 24 years of experience in Indian financial markets. In the past, he has worked with HDFC Asset Management Company, Motilal Oswal Securities, Edelweiss Capital and Securities Capital Investment.

We do not expect the markets to correct more than 5% from here: Unmesh Kulkarni of Julius Baer India

We do not expect the markets to correct more than 5% from here: Unmesh Kulkarni of Julius Baer India Kshitij Anand © Sunil Matkar We do not expect the markets to correct more than 5% from here: Unmesh Kulkarni of Julius Baer India Unmesh Kulkarni, Managing Director Senior Advisor, Julius Baer India expects the upside for the Indian equity markets to be capped in the near term until the COVID situation comes under control, he does not expect the markets to correct more than 5% from here. Kulkarni has about 20 years of experience in the wealth management industry. Prior to his current role, he worked with Merrill Lynch Wealth Management in India for over 14 years, where he was heading the product and strategy functions.

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