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South Korea's Parliament voted to impeach President Yoon Suk-yeol after he declared martial law on December 3. The impeachment suspends Yoon from presidential duties while the Constitutional Court decides whether to remove him permanently. Prime Minister Han Duck-soo will serve as acting president until the court's verdict.
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A new study reveals that owner-managed companies are leading value creation after IPOs. In FY23 and FY24, 167 out of 169 newly listed NSE companies were founder-led. Promoters' holdings surged by Rs 37,716 crores within a year of listing, demonstrating investor confidence in their leadership and long-term vision. The manufacturing sector emerged as the biggest wealth generator.
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Market corrections, often viewed as opportunities in hindsight, are inevitable. Whether driven by price or valuation, these downturns, like discounted cars with added value, can present significant investment prospects. India's economic growth and corporate earnings historically fuel market recoveries, making corrections temporary setbacks rather than permanent losses.
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News and Media
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