Moody’s said on Monday that it had bought a majority stake in Copal Partners, a company that provides research and analysis for banks, hedge funds and private equity firms using analysts in India and other emerging markets. Copal’s 1,250 analysts do equity research, due diligence on...
Could India Go the Way of Greece and Italy?
Long-term yields on India’s debt are about 9%, much higher than Italy’s when the European nation started to quake, an ordeal that ended with the resignation of Prime Minister Silvio Berlusconi two days ago. India’s high yields are less concerning because the country’s...