India Investment

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Easy credit comes back to haunt Indian consumers

NEW DELHI (Reuters) - "Credit is a devil that dances in empty pockets," was the advice P.V. Rajiv's father gave him when the young salesman swiped his new credit card for the first time to buy an expensive watch he could hardly afford.

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India inflows not to recover for some time

MUMBAI (Reuters) - India will have to wait until at least the second half of 2009 before foreign funds return on a large scale, with investors waiting for market stability and the outcome of national elections, leading financial market players said on Wednesday.

UBS India sees H2 09 capital market pick-up

MUMBAI (Reuters) - UBS' India head said on Wednesday that local capital market action will not pick up until the second half of 2009, and it is likely that not a single IPO will list in the first half of the year as volatility keeps investors away. | Video

Dr Reddy's sees FY09 revenues on track

BANGALORE (Reuters) - Margins at the German unit of Dr Reddy's Laboratories Ltd are under pressure from regulation and growing competition, but the Indian drug maker was on track to meet its revenue forecast, its chief executive said.

Dr Reddy's sees margin pressure at German unit

BANGALORE (Reuters) - Margins at the German unit of Dr Reddy's Laboratories Ltd are under pressure from regulation and growing competition, but the Indian drug maker was on track to meet its revenue forecast, its chief executive said.

Blackstone mulls infrastructure fund

MUMBAI (Reuters) - Blackstone Group LP's India head said on Wednesday the private equity firm is considering an infrastructure fund, as the industry and the companies that serve it offer excellent value, particularly in India.

Quotes from India Investment Summit

MUMBAI (Reuters) - Following are selected quotes from executives speaking at the Reuters India Investment Summit this week.

India's Wipro sees growth to pick up in Q1

BANGALORE (Reuters) - Wipro Ltd expects to see a pickup in growth in the first quarter as companies firm up their outsourcing plans, a top executive said.

India's Wipro sees growth to pick up in Q1

BANGALORE (Reuters) - Wipro Ltd expects to see a pickup in growth in the first quarter as companies firm up their outsourcing plans, a top executive said.

Indian outsourcers see short-term challenges

BANGALORE (Reuters) - India's outsourcing companies see short-term challenges as clients cancel or delay projects due to global economic turmoil, but are confident about the long-term growth prospects as overseas firms look to cut costs aggressively.

Wipro CFO says mulling acquisitions

BANGALORE (Reuters) - Wipro Ltd is looking to acquire information technology companies catering to airline and pharmaceutical sectors globally as falling valuations make them attractive targets, a company executive said on Tuesday.

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Summit Date Category
Islamic Banking and Finance Feb 15 - 18 Country Summits
Travel and Leisure Feb 22 - 24 Hotels/Casinos
Private Equity and Hedge Funds Mar 1 - 3 Financial Services/Exchanges
Global Mining and Steel Mar 8 - 10 Mining
Food and Agriculture Mar 15 - 18 Mining
Canadian Oil Sands Mar 22 - 23 Energy
Funds Mar 23 - 24 Financial Services/Exchanges
Global Exchanges and Trading Mar 29 - 31 Financial Services / Exchanges
Financial Regulation Apr 26 - 29 Financial Services / Exchanges
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