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Record Year for India’s $585 Billion Mutual Funds Industry
-Percentage growth in assets in 2023 leaves US, Japan behind
-Equity investments by individuals the biggest reason for boom
More positive free market capital flows lift people from POVERTY to PROSPERITY📈📉
Of course there will be bubbles + busts and misallocatin it is also how NEW companies get funded.
Capital flows where it is welcome + stays where it is well treated.
https://t.co/TW5PI5dOGq
@wolfejosh For India with diverse language barriers and LLM is a must to embrace AI innovation. The model surely will help faster adoption and involvement by the bottom of the pyramid @GPAI_PMIA@Rajeev_GoI@GoI_MeitY
Great work & leadership by our HE @AmbSibiGeorge as India aims for tenfold boost in Japanese business presence: envoy https://t.co/iuqEXDLzak via @NikkeiAsia. @NipponIndiaMF
🕡6.30 pm JST | 🕒 3 pm IST
23-8-2023 📍Tokyo, Japan
Nippon Insurance and Nippon Life India Asset Management Limited to explore large project funding with MMRDA !
Had a very good Meeting with Nippon Life Insurance company’s Top Management officials in Tokyo, this evening; Mr. Minoru Kimura, Member Board of Directors and Head of Global Business, Mr. Hiroki Yamauchi, General Manager, Global Asset Management Business Dept. and Sundeep Sikka (via VC), ED and CEO, Nippon Life India Asset Management Limited and briefed about Nippon business in india.
Nippon Life Insurance is one the largest Asset Manager and Life Insurance providers in India. They started India business in 2011. Today Nippon Life India Asset Management Company has FDI in India of Rs 12,000 crore.
Company officials expressed their strong desire to explore partnership with Govt of Maharastra through various financial instruments.
MMRDA and Nippon have planned to collaborate and identify existing and new projects for funding.
Govt has Maharastra will provide all the necessary support including state guarantees for their financial investment in the state.
This starts a new chapter in MMRDA approach towards raising capital to fund its ambitious projects. This will ensure long term funding visibility for faster execution and better stability at building world class infrastructure.
@sundeepsikka@nissay_official
#MaharashtraInJapan #Japan #IndiaJapan #Historic #Maharashtra
#Tokyo
Risks cannot be avoided. Else there will be no returns. The skill lies in managing risks optimally.
Risk management aims to enhance experience, improve returns and safeguard achievements.
To know: https://t.co/STsiptEHnw
#NIMF#MutualFunds#RiskManagement
Dematerialization of currency has started in India.The RBIs central bank-backed digital rupee was used to settle secondary market transactions in Indian government bonds worth 2.75 billion Indian rupees as part of a pilot.Congratulations @FinMinIndia@RBI@KHosanagar@wolfejosh
Brilliant but most underrated announcement in Union Budget 2022-23 was RBI decision to introduce CBDC. Happy to see it rolling out today. Best wishes @FinMinIndia@RBI#TokenizeIndia
Japan is home to some iconic corporations that are considered epitome of quality, technological leadership and design excellence.
Invest in these carefully selected companies through Nippon India Japanese Equity Fund.
To know more, visit: https://t.co/PLeoi7gOSM.
@EurekaForbes Now I seriously doubt your intend to make an incorrect statement? Urge you to correct it quickly and issue an apology for misguiding both customer and investors.On an Xchange listing day you must have shown some credibility @MarzinShroff@CNBCTV18Live@BSEIndia#EurekaForbes
@EurekaForbes@BSEIndia@CNBCTV18Live Busy with exchange listing? With poorest after sale service levels I wish the best of survival in the business.5% down on day1 😆 . Even after multiple escalation you never bother to connect back complaint no 2024839814
@IndianVCA is happy to have Shahzad Madon, Head - Alternative Assets, Nippon Life India AIF Management Limited as Speaker at IVCA Conclave 2022, India's most impactful PE-VC event of the year.
Register here: https://t.co/5hjAI0NWzl
#IVCAConclave