HSBC HSBC Holdings plc also known as HSBC commonly is a British multinational banking and financial services company. The company is headquartered in London, United Kingdom and is the world’s third-largest bank and sixth-largest public company according to a composite measure by Forbes magazine (as of 2012). It has around 7,200 offices in 85 countries [...]
The Indian Wind Energy Industry is seeing rapid change with the rise of a number of independent power producers (IPPs) focused on Wind Power Development. These companies have been fueled by private equity and investment banking funding which has been attracted by India’s strong energy demand. While the traditional wind farm investors have retreated with [...]
Private Equity in Wind Industry India The Indian Wind Energy Industry is currently under a lot of stress as subsidies and incentives have been withdrawn towards the sector. This has led some of the wind industry companies to sharply reduce their projections of demand in 2012 to fall by around 66% from the previous year. [...]
The Indian Real Estate Market saw a massive boom in the period between 2004 and 2008 alongwith the global real estate bubble. However after that the industry has been going through a down cycle particularly related to the volumes and sentiments. Though the prices have not come down, the volumes in key markets like Mumbai [...]
Quick quiz. What is common to Suzlon, Moser Baer, Indo Solar, Websol Energy systems and Orient Green Power? All these stocks had successful runs on the stock market and hyped as the next game changers in wind energy, semi conductors, solar power and hydel/geo thermal power. Valuations were more on growth stories than through an hard nosed DCF spreadsheet. But now, they trade at record lows(like other stocks but what is different is the pressing fundamental concerns in each case). Is this a bubble finally bursting, or are investors panicking?
While the larger stock brokers have seen reduced profits,the smaller ones have had to shut down or sell.This trend has been exacerbated last year with the rise of computer controlled algorithmic trading.Most of these small brokers which used arbitraging strategy to generate profits have seen their main business evaporate.Retail investors in India have also avoided the stock market which has become a corruption landmine.With even top institutions like GMO,Goldman becoming victims of frauds,individual investors have no chance.Also market operators have made the Indian stock market a pump and dump heaven even as SEBI takes a long time to crack down on the abuses.