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“PE investments might be in the range of $14-16 billion for CY08 and will remain a popular destination for 2-3 years along with China Brazil and Vietnam, Four-S Services, a provider of research, financial consulting and business content services,” said in its latest report.
In the first two months of this year, as many as 84 PE or venture capital deals worth nearly $4.1 billion have been announced, the report added. Though investments in PE arena are flowing in 2008, it would be little ‘cautious', because of the downturn in the US economy, appreciating rupee, high oil prices, the firm said. (BS) |