NBFC crisis drags down assets under management of debt funds. Bharti Airtel's INR25,000cr rights issue oversubscribed. Singapore sovereign wealth fund GIC and Indian Hotels Company to set up INR4,000cr investment platform. Kerala lists masala bonds on London Stock Exchange's International Securities Market. Google to introduce new ad types through its mobile products. Apps streaming TV channel may come under regulatory ambit. Your profile may be up for sale for as little as INR140 a day in the dark web.
Moving on to the top Business news of the day.
Will Narendra Modi deliver on investors’ expectations if he retains power in elections 2019?
As per a BBG article, “This year, overseas investors have bought about $10bn of Indian equities, the most across emerging Asia after China, on optimism that the Watchman will retain power.”
Will Narendra Modi deliver on investors’ expectations if he retains power in elections 2019. Read the article here to know more.