India joins the ranks of stock market superpowers


Source: edition.cnn.com edition.cnn.com

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New Delhi CNN — Fund manager Abhay Agarwal was surprised by the number of calls he took this month from international investors showing more than a passing curiosity about India. “These are from family offices in Europe or some large investors in US who have …never bothered about investing in India,” said Agarwal, founder of Mumbai-based Piper Serica Advisors. “For the first time, I find them to be very serious and they’re calling and asking questions such as, ‘Look, will my money be safe? And is there a rule of law here?’” he added. The interest comes at a time...