Investment in content for the theatrical film, TV and streaming markets of India and East Asia amounted to $15.5 billion in 2023, a new report shows. But spending slowed to a growth rate of just 4%, a significant slowdown compared with the investment peak in 2021-22, driven by COVID. Media Partners Asia‘s (MPA) 2024 Asia
By Gloria Mathias Today Bharatpe BharatPe One CEO BharatPe has forayed into the facilitation of secured loans for merchant partners on its platform. BharatPe has partnered with OTO Capital, a digital commerce and lending platform, to enable two-wheeler loans. Additionally, the company has partnered with Volt Money to facilitate loans against Mutual Funds to its
By Jayshree P Upadhyay MUMBAI (Reuters) -U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market regulator Madhabi Puri Buch previously held investments in certain offshore funds that were also used by Adani Group. In a late night press statement, Buch denied these allegations and called
Indian crypto exchange WazirX is reversing all trades and restoring customer balances after the platform was hacked to the tune of hundreds of millions of dollars in July. In a new thread on the social media platform X, WazirX says that after listening to the community, it has decided to roll back all trades made
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg India will shield more of its bonds from foreign ownership, in a sign it’s uncomfortable with the billions of dollars
Crypto exchange WazirX has filed a police complaint after it suffered a $230 million hack on Thursday. The firm has also reported the incident to the Indian Computer Emergency Response Team (CERT-In), it said on X. Engaging with CERT could mean it is seeking the help of India’s premier agency which responds to computer related
Stock traders in Asia are ramping up the Trump trade in preparation for a potential second term for the former US president, which will likely create winners and losers in the region. Donald Trump’s “America first” policies on trade, defense and other industries would hamper the outlook of a myriad of sectors in Asia from
The need for more international resources to meet India’s net-zero target has made participation from international finance essential. Given GIFT-IFSC’s role as a gateway connecting India to the global economy, a key challenge is creating an enabling framework for Transition Finance in a way that attracts international investors. International Financial Services Centres Authority (“IFSCA”) has
They are also optimistic about the medium-term earnings growth prospects for Indian companies, as well as the country’s long-term growth outlook, he told This Week in Asia. “There are pockets of irrational exuberance in parts of the mid-cap and small-cap [stock] space but that is largely due to irrational expectations on the part of non-institutional
It’s been a volatile time for Indian markets after Prime Minister Narendra Modi failed to secure an absolute majority for his party in the country’s general election. Despite the unexpected result, however, Causeway Capital Management’s Arjun Jayaraman remains confident about the prospects for India — his top pick among emerging markets — noting that “volatility