Una's Feed
Apr 22, 2015
via Breakingviews

India’s poor state banks will test investor limits

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Investors in India’s state bank fundraisings will have to take a leap of faith. State Bank of India is leading the rush to raise capital with a huge $2.4 billion public market share sale. Others are lining up to follow. An economic revival makes bad debts look less bad. Long-term investors, however, also have to believe that the government will keep its promise to curb meddling in lending decisions.

Apr 21, 2015
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Daiichi Sankyo scrubs out Indian M&A nightmare

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By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Daiichi Sankyo has emerged from a long spell of infirmity in India with its financial faculties just about intact. The Japanese group’s 2008 purchase of a stake in local drugmaker Ranbaxy was once a fable about overseas expansion gone wrong. By knowing when to quit, and riding on India’s market exuberance, Daiichi has got itself to a position of being able to exit without shouldering big losses.

Apr 21, 2015
via Breakingviews

Daiichi Sankyo scrubs out Indian M&A nightmare

Photo

By Una Galani

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Daiichi Sankyo has emerged from a long spell of infirmity in India with its financial faculties just about intact. The Japanese group’s 2008 purchase of a stake in local drugmaker Ranbaxy was once a fable about overseas expansion gone wrong. By knowing when to quit, and riding on India’s market exuberance, Daiichi has got itself to a position of being able to exit without shouldering big losses.

Apr 17, 2015
via Breakingviews

Tax shockers ramp up India investor risk premium

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

India’s tax shockers are coming thick and fast. The government wants 400 billion rupees ($6.4 billion) in what it says are unpaid taxes from foreign funds. Top lawyers expect overseas private equity investors could be next. The latest surprise change to the country’s tax policy suggests investors will need to factor in higher risk premiums to protect themselves against future fickleness.

Apr 17, 2015
via Breakingviews

Tax shockers ramp up India investor risk premium

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

India’s tax shockers are coming thick and fast. The government wants 400 billion rupees ($6.4 billion) in what it says are unpaid taxes from foreign funds. Top lawyers expect overseas private equity investors could be next. The latest surprise change to the country’s tax policy suggests investors will need to factor in higher risk premiums to protect themselves against future fickleness.

Apr 1, 2015
via Breakingviews

Tata Motors’ $1.2 bln share issue is well timed

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Tata Motors’ well timed rights issue should help to accelerate its turnaround. The Indian carmaker, which owns Jaguar Land Rover, wants to raise 75 billion rupees ($1.2 billion) to reduce debt and fund growth. A change of strategy at its struggling domestic unit is starting to bear fruit but a full turnaround may depend on factors beyond its control.

Mar 31, 2015

New IPO rules won’t keep India’s Alibabas at home

(The author is a Reuters Breakingviews columnist. The opinions
expressed are her own.)

By Una Galani

HONG KONG, March 31 (Reuters Breakingviews) – The regulator
wants to ease standards to discourage start-ups from listing
abroad. The catch is that the rules only apply to a junior
market. Though that’s unlikely to tempt the likes of Flipkart
and Snapdeal, it stops India joining the race to the bottom on
governance.

Mar 27, 2015
via Breakingviews

India’s boardroom diversity drive has weird result

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The author is a Reuters Breakingviews columnist.  The opinions expressed are her own.

India’s effort to break the old boys’ club is producing bizarre outcomes. Tycoons have responded to a requirement that they have at least one female board member by April 1 by appointing their wives and even stepmothers as directors. India’s corporate governance has room for improvement and gender diversity at the top can improve financial returns. But mandating change isn’t the answer.

Mar 18, 2015
via Breakingviews

Super Mario on your iPhone? Nintendo gets its head in the game with mobile push

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

REUTERS/Yuya Shino

Nintendo has gone super mobile. The Japanese gaming giant – which recently announced yet another profit warning – has bowed to investor demands that it make games for smartphones. If the likes of Pokemon are as popular online as hits like Candy Crush, the move could have restorative powers equivalent to Super Mario’s ultimate mushroom.

Mar 18, 2015
via Breakingviews

Super Mario on your iPhone? Nintendo gets its head in the game with mobile push

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

REUTERS/Yuya Shino

Nintendo has gone super mobile. The Japanese gaming giant – which recently announced yet another profit warning – has bowed to investor demands that it make games for smartphones. If the likes of Pokemon are as popular online as hits like Candy Crush, the move could have restorative powers equivalent to Super Mario’s ultimate mushroom.

    • About Una

      "Una Galani is Asia Corporate Finance Columnist of Reuters Breakingviews, based in Hong Kong. She spent three years in Dubai covering the region’s economies in the immediate aftermath of the Arab Spring. Previously, Una wrote on capital markets, mergers and acquisitions, and telecoms across Europe from London. She was commended in the category of Young Financial Journalist at the Harold Wincott Awards for 2009 after joining Breakingviews in 2006. Una read English Literature at Oxford. Follow Una on Twitter @ugalani"
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