Synopsis
The DBS Bank CIO finds Indian equities expensive on the valuations front, and has taken only selective exposure to the country with a focus on sectors that are in line with the structural growth themes such as digitalisation, Millennial spending trends and healthcare.
Agencies
Related
MUMBAI: Despite $23 billion in inflows to Indian equity market from foreign portfolio investors in 2020, Singapore-based DBS Bank’s Chief Investment Officer Hou Wey Fook believes this is only just the beginning.
“With the improvement in risk appetite for ASEAN assets, we can expect a powerful cycle of bond flows, driving the currency and equity gains. Yield spreads are attractive and ASEAN assets are under-owned,” Hou told ETMarkets.com in an interview.
Capital Foods elevates Navin Tewari as Managing Director and CEO
Tewari joined the company in early 2019 as the Chief Executive Officer. He succeeds the founder, Ajay Gupta, who will now be the Non-Executive Chairman Delhi, December 22, 2020
Food company Capital Foods has announced the elevation of Navin Tewari to the position of Managing Director and Chief Executive Officer with effect from January 1, 2021.Â
He succeeds founder Ajay Gupta, who will now be the Non-Executive Chairman. Tewari joined the company in early 2019 as the Chief Executive Officer. Under his leadership, the company has achieved top-line growth in excess of 50%; expansion beyond the western region to a pan-India presence across categories; and enhanced production capacity with increased footprint in Karnataka, Haryana and Himachal Pradesh. Capital Foods is backed by marquee private equity firms, The Invus Group and General Atlantic.Â
Capital Foods elevates Navin Tewari to managing director and CEO financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.