Re: [MTC Global] Raining Funds

Fund raising is not an issue in India. Look at out temples, a wonderful treasure. Diverting it to the noble cause of education will reduce our education-problems.  Even today, India provides a big market to the world because at least 20% of Indian population (roughly 24 crore) have got a high purchasing power!

________________________________________________________________________ 

Regards,

Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
NH 211, Beed by pass road,
Aurangabad: 431010 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
and
Chairman, Advisory Board, MTC Global, Bangalore.


Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!


From: "Mr. Govind Autee" <govind.autee@mit.asia>
Sent: Wed, 01 Jul 2015 11:25:12
To: "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
Cc: Munish Sharma <munish.sharma@mit.asia>
Subject: [MTC Global] Raining Funds

Dear All,

Domestic investors have also reposed more confidence: 

  • Rights issues too climbed to four-year high in FY15, 50% more than last year.
  • Firms raised Rs 6,750 crore in 2014-15 from 18 issues;
  • more firms than last year took the opportunity to float rights issues to raise capital by tapping on to their existing shareholders.
Cheers,
G.S.Autee


From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Mr. Govind Autee <govind.autee@mit.asia>
Sent: Tuesday, June 30, 2015 2:40 PM
To: Prof. Bholanath Dutta; join_mtc@googlegroups.com
Cc: Munish Sharma
Subject: [MTC Global] Raining Funds
 

Raining Funds - Message is Loud and Clear.

  • Venture capital funds total to Rs 15,600 crore into Indian start-ups this year; surpasses inflow in all of 2014 ; thanks to increasing smartphone adoption and Internet penetration.
  • Foreign Policy magazine's Baseline Profitability Index points to India being the top destination for investment in 2015. It goes on to show that investor perception remains good about India.
  • The economic diplomacy space here has considerably expanded.
  • Sensex has increased from roughly 24,700 points in May 2014 to near the 27,500 points mark at present.
  • India's FDI inflows jumped 22 percent to reach $34 billion in 2014.
  • India also regained the top slot in remittances with overseas Indians sending back a staggering $70 billion in 2014, according to World Bank estimates. 

What has worked well?

  • India's increasing foreign engagement where it remains a beneficiary of official bilateral aid
  • The reform process has to be pursued more aggressively and quickly.

What further is expected?

  • India needs to improve its competitiveness by making it easier to start, operate and wind down a business operation in India. 
  • Also to compete infrastructure, tax rates and skills need to be bettered and much will be dependent on India's execution capability. 

Authors...

Sankalp Sharma, Senior Researcher at the Institute for Competitiveness, India.

Amit Kapoor is Chair, Institute for Competitiveness & Editor of Thinkers. 


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