ADVENT INTERNATIONS invest shares of Indian Home Appliances company, EUROKA FORBES. The owner of Eureka believes that the move would reduce the overall debt and also help in restructuring the business of the company. Investors are expected to take over 70% of the shares of the company and is also set to attract further investments.
Financial experts assume that Industries are going to rejunate well in the foreseeable future. They too reveal that the amount of imapct by the second wave seems to be minimal than of the projected. Leaders of the finance authoritites are constantly working on promulagating reforms to withstand the potential third wave.
Martin Schwenk, the Managing Director of Mercedes Benz India is worried on the imposition of taxes of imported vehicles. He urges that the governement should consider bringing down the tarriffs laid on vehicles, as Indian consumers have been paying twice the cost of the actual vehicles. However, Governernment officials of the automobile sector opposes that it would be biased to reduce tarriffs only on imported vehicles.
Google India has been looking foward to set up cloud sectors in India. On the other hand , customers feel that various industrial needs are to be met before advancing in the cloud systems.
There has been an increase in the number of exits by entities in the year 2021 which was valued at around 7.3$ billion, which is comparatively higher than last year. But experts say that this will be compensated as there is a strong set of IPOs coming up very soon.