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Arvind Sanger

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Markets, IPOs & Wealth Just now (05:31 PM IST)

Sanger Stays Cautiously Optimistic on India as Earnings Revival Becomes the Key Market Test

Arvind Sanger, Managing Partner at Geosphere Capital Management, said India remains an attractive market but warned that the global liquidity backdrop is unlikely to improve materially from here. That leaves earnings growth, rather than easy money, as the main driver for any sustained rerating in Indian equities. His comments underscore a shift in investor focus from abundant global liquidity to fundamentals, with the next leg of market performance likely hinging on corporate profit revival, domestic demand resilience and valuation discipline.

By RDU Global Wire5 min read
Legal, Courts & Regulatory2h ago

Tamil Nadu to Challenge Ponmudy Acquittal in Rs 28.37-Crore Red Sand Case, ED Tells Madras High Court

The Tamil Nadu government will appeal against the acquittal of former DMK minister K. Ponmudy, his son Gowtham Sigamani and five others in the Rs 28.37-crore red sand quarrying case, the Enforcement Directorate told the Madras High Court. The development comes as Ponmudy seeks to quash the money-laundering proceedings, arguing that the acquittal in the predicate offence leaves no basis for the ED case.

5 min readRead →
Legal, Courts & Regulatory2h ago

Madras High Court Quashes Cognisance Order in ED Case Against Jaffer Sadiq, Citing Hearing Rights Under BNSS

The Madras High Court has set aside a Chennai sessions court order that took cognisance of an Enforcement Directorate money laundering complaint against alleged drug smuggler Jaffer Sadiq without first hearing him. While quashing that procedural step, the court restored the complaint and directed the lower court to proceed in line with Section 223(1) of the Bharatiya Nagarik Suraksha Sanhita, which requires an opportunity of hearing before cognisance is taken.

5 min readRead →

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