• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Tata Best Business Group In India, Ratan Tata Was A Humble Figure: Mark Mobius

OMMCOM NEWS by OMMCOM NEWS
October 21, 2024
in Nation

New Delhi:  Terming Tata Group the best business group in India, global investor Mark Mobius on Monday recalled that he had met the (recently-deceased) Ratan Tata a few years ago and “despite being a titan of the Indian Industry, he was very humble”.

Participating in the ‘NDTV World Summit 2024’ Mobius talked about his investment mantra and said he looks at return-on-equity, debt-to-equity, and the management quality of the company as key levers for making investment decisions.

“I don’t look at PE (Price to Earning) ratio the way I used to. This is because the E of PE is backward-looking. The most important metric is the quality of the management. That is why I travel so much, to meet these people,” he said.

Mobius said that India is going to become a leader in the semiconductor sector in the coming times. The reason for this is demand, a good economy and a strong software ecosystem in India.

The veteran investor further said that everyone has benefited from Prime Minister Narendra Modi’s digitisation programme, which is “one of his greatest achievements”.

He further said that Prime Minister Modi has integrated the tax system with Goods and Services Tax (GST), which is a big change.

“International financial institutions understood that if want to create wealth, you have to create a market economy. That was a critical decision. For market economy, you need stock markets to raise capital,” Mobius said.

Mobius also advised young investors to never rush into the market. “You should understand the market well and invest in selected stocks based on logic”.

Earlier speaking to IANS on the sidelines of the summit,’ Mobius, 88, said India is in a very good position to act as a mediator for peace on the global stage. “The country has shown its ability to be neutral and to be fair to all, so it could be a great mediator between Russia and Ukraine. PM Modi is very well qualified to be a key mediator in the world today,” he stressed.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

EAM Jaishankar Labels India-China LAC Patrolling Agreement As ‘Positive Development’, Advises Less Speculation On Road Ahead

Next Post

India Deserving G4 Member For UNSC Seat: German Ambassador

Related Posts

Narendra Modi
Nation

Operation Sindoor Not Over Yet, ‘New India’ Will Crush Terrorism: PM Modi

May 30, 2025
Rekha Gupta
Nation

Delhi CM Slams Previous AAP Govt For Corruption, Showcases 100-Day Work

May 30, 2025
Nation

No Emergency Communication Occurred Before Fatal Patrol Plane Crash: South Korean Navy

May 30, 2025
Suprem Court
Nation

SC Orders NBE To Conduct NEET-PG 2025 In Single Shift

May 30, 2025
Nation

WBSSC Job Case: Special Focus On Preservation Of OMR Sheets, Retention Of Scanned Copies

May 30, 2025
FSSAI
Nation

Food Companies Must Not Use ‘100pc’ Claim In Labelling And Promotions: FSSAI

May 30, 2025
Next Post

India Deserving G4 Member For UNSC Seat: German Ambassador

J&K's New MLAs Sworn In, Omar Abdullah Takes Oath In Kashmiri

Sr Women Inter-Department Hockey: Railways Clinch Title With Win Over Indian Oil

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.