Latest news with #GII
Time of India
3 days ago
- Business
- Time of India
Cupid shares zoom 10% in 3 days following strategic partnership to enter Middle East market
Cupid Ltd , one of India's leading manufacturers of health and personal care products, saw its shares rally by 10% over the past three days, reaching a new all-time high of Rs 147 on BSE today. This surge in stock price follows the company's announcement of a strategic investment in GII Healthcare Investment Ltd , a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII), on July 15. Explore courses from Top Institutes in Select a Course Category MCA Digital Marketing Product Management Management Data Analytics Healthcare MBA PGDM Data Science Project Management Artificial Intelligence Operations Management Design Thinking healthcare Technology Finance Leadership Degree others CXO Public Policy Others Cybersecurity Data Science Skills you'll gain: Programming Proficiency Data Handling & Analysis Cybersecurity Awareness & Skills Artificial Intelligence & Machine Learning Duration: 24 Months Vellore Institute of Technology VIT Master of Computer Applications Starts on Aug 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo In the announcement, Cupid revealed its investment in GII Healthcare, which holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia. GII, a leading investment firm with assets exceeding US$ 3.5 billion, operates across Saudi Arabia, the UAE, Europe, the USA, and India. This investment marks Cupid's first strategic foray into the Middle East, as the company diversifies into global markets with high growth potential. The company's CEO, in a statement, emphasized that the move reflects Cupid's long-term vision to drive new growth opportunities in international markets, with a focus on the healthcare and FMCG sectors. Live Events 'We are proud to invest in the healthcare-focused investment vehicle of GII in this landmark partnership. This investment represents a secure, dollar-denominated asset and lays the foundation for Cupid's entry into the Gulf region. Our personal care products align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities,' said Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid. The company's strategic investment in GII Healthcare highlights its commitment to expanding its portfolio and accelerating growth in emerging markets. Cupid has been recognized for its innovative health and personal care products, including wellness and hygiene items, diagnostic kits, fragrances, hair oils, and other FMCG offerings. Also read: Motherson Sumi, Samvardhana Motherson International shares rise up to 4% on bonus share issue record date ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Muscat Daily
5 days ago
- Business
- Muscat Daily
Team charts strategy to elevate Oman's Global Innovation ranking
Muscat – Oman's national team tasked with improving the sultanate's standing in the Global Innovation Index (GII) convened its 21st meeting on Wednesday to review strategic developments and simulation tools that could support future policy shifts. Chaired by H E Dr Saif bin Abdullah al Hadabi, Undersecretary at Ministry of Higher Education, Research and Innovation, the meeting focused on applying recommendations from a recent regional workshop organised by United Nations Economic and Social Commission for Western Asia (ESCWA). The workshop introduced a simulation system aimed at helping Arab policymakers assess gaps and build targeted innovation strategies. Team members discussed methodologies presented at the workshop, including the use of simulation tools to analyse GII indicators and build improvement scenarios. They also reviewed progress in formulating a medi-um-term strategic plan and outlined operational steps for both the policies and initiatives team and data management team. The GII team operates under the National Competitiveness Committee and aims to improve Oman's global innovation ranking through a unified, cross-sectoral approach. It coordinates efforts with Oman Vision 2040 Implementation Follow-up Unit, the National Centre for Statistics and Information, and other stakeholders.
Time of India
5 days ago
- Business
- Time of India
Cupid invests in GII Healthcare Investment; enters Gulf region
New Delhi: Cupid Ltd on Wednesday announced a strategic investment in GII Healthcare Investment Ltd, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII). The company, which is into the production of male and female condoms , water-based personal lubricants, IVD kits etc, however, did not share the financial details. Explore courses from Top Institutes in Select a Course Category Leadership MCA Technology Degree Public Policy Project Management Data Analytics Management Digital Marketing others Finance MBA Data Science CXO Design Thinking healthcare Healthcare Cybersecurity Product Management Data Science PGDM Others Artificial Intelligence Operations Management Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details GII Healthcare Investment Limited holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia. GII is a leading investment firm with assets under management exceeding USD 3.5 billion across Saudi Arabia, UAE, Europe, the US and India. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tại sao CFD tiền mã hóa có thể phù hợp với danh mục đầu tư của bạn IC Markets Tìm hiểu thêm Undo "This investment represents a secure, dollar-denominated asset, and lays the foundation for Cupid's entry into the Gulf region," Cupid Ltd Chairman and MD Aditya Kumar Halwasiya said in a regulatory filing. The company's personal care products align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities, he added.
Business Upturn
6 days ago
- Business
- Business Upturn
Cupid makes strategic investment in GII Healthcare to enter Middle East market
By Aman Shukla Published on July 15, 2025, 16:03 IST Cupid Limited, a well-established Indian manufacturer of personal care and health products, has announced a strategic investment in GII Healthcare Investment Limited. The move marks Cupid's first step into the Middle East healthcare space, aligning with its broader plan to expand internationally. GII Healthcare Investment Limited is managed by Gulf Islamic Investments (GII), a financial services firm with assets under management of over US$3.5 billion. GII operates across several regions including Saudi Arabia, the UAE, Europe, the USA, and India. The healthcare investment vehicle holds a significant minority stake in a leading healthcare provider based in Saudi Arabia. Through this investment, Cupid aims to explore growth opportunities in global markets, particularly those with strong demand in healthcare and wellness. The company manufactures a wide range of health and personal care products such as hygiene items for men and women, diagnostic kits, fragrances, and other fast-moving consumer goods. Cupid stated that this move is in line with its long-term business strategy focused on preventive healthcare and expanding its global footprint. The company also reaffirmed its commitment to responsible growth and aligning business decisions with shareholder interests and corporate values. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Times
17-06-2025
- Business
- Business Times
US exceptionalism under pressure, but far from over
US EXCEPTIONALISM – the belief that the US economy and financial markets are uniquely positioned to outperform other global markets over the long run – has come under intense scrutiny this year. US President Donald Trump's disruption of global trade through erratic policies and aggressive tariffs, his attacks on universities, and growing concerns over rising fiscal deficits should the One Big Beautiful Bill Act be passed have all contributed to outflows from US equity markets in recent months. To put the current scepticism into perspective, it is worth considering how US markets have performed over the longer term. Over the past two decades, the S&P 500 has delivered total returns of approximately 643 per cent, significantly outperforming other major indices including MSCI China (388 per cent), the Straits Times Index (355 per cent), Stoxx Europe 600 (290 per cent), and the Nikkei 225 (266 per cent), as at Jun 13, 2025. In our view, the structural advantages that have driven this outperformance in equity markets are still very much intact. Hence, it is premature to declare an end to US exceptionalism. Here are some structural drivers of US outperformance. Rich culture of innovation and entrepreneurship The US has long been a global leader in innovation and entrepreneurship. According to the 2024 Global Innovation Index (GII), the US is the third most innovative country in the world, ranking the highest in nine of the 78 GII indicators including the impact of its scientific publications, intellectual property receipts, average research and development spending of the top three companies per country, and the quality of its universities. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Home to world-renowned institutions such as the Massachusetts Institute of Technology, Stanford University and Harvard University, the US benefits from academies that not only produce cutting-edge research but also serve as incubators for startups and groundbreaking technologies. While recent policy shifts – such as federal funding cuts to universities and the termination of certain student visas – pose near-term challenges to the innovation ecosystem, we believe the country's culture of innovation culture will prevail, supported by a robust network of private capital, world-leading tech companies, and universities actively fighting for their autonomy in court. This enduring innovative spirit is further bolstered by America's strong culture of entrepreneurship, which openly embraces risk taking and tolerance for failure. This is evident in its relatively forgiving bankruptcy laws that permit bankrupt businesses to continue operations while they restructure their debts. It is no wonder that the US has such a high level of entrepreneurial activity. According to the 2024 Global Entrepreneurship Monitor report, the US achieved a Total Early‑stage Entrepreneurial Activity rate of 19 per cent, well above the 12 per cent average for high‑income economies. In other words, almost one in five adults in the US is actively starting or running a new enterprise. Well-developed and deep capital markets Alongside a strong culture of innovation and entrepreneurship, the US boasts the world's most liquid and deep capital markets, providing the essential funding and resources needed to scale startups into major enterprises. In 2024, US startups attracted 57 per cent of global venture capital investment, far outpacing Europe and China, which accounted for just 16 and 12 per cent, respectively. This abundant access to capital enables individuals with promising ideas to turn them into profitable businesses. In turn, the presence of high-quality companies on US stock exchanges creates a self-reinforcing cycle that attracts even more high-calibre firms. Many companies around the world have forsaken their home markets in favour of a US listing to gain better liquidity and higher valuations. Just this month, one of the UK's biggest fintech companies, Wise, announced plans to move its primary listing from the London Stock Exchange (LSE) to the US, citing the shift as 'a potential pathway to inclusion in major US indices, further enhancing liquidity and demand for Wise shares'. While stock exchanges such as the LSE and the Singapore Exchange continue to struggle to attract initial public offerings, the US remains a thriving destination for global listings. Global leadership of American companies Many US companies operate on a global scale, holding dominant positions not only in the US but also in various international markets. This is particularly evident in the technology sector where Big Tech companies dominate their entire industry or even multiple industries. For instance, Amazon, Microsoft and Alphabet hold more than 60 per cent of the global cloud market share, while Alphabet, Meta and Amazon collectively capture more than 60 per cent of global digital advertising spending. Their key competitive advantages – such as network effects and high switching costs – have made their products and services integral to the daily operations of global consumers and businesses, enabling them to sustain growth and profitability over time. Therefore, while it might be relatively easy to boycott US companies such as Tesla due to the availability of substitutes, avoiding companies like Google or Nvidia is far more difficult. Furthermore, although China is showing signs of catching up technologically with the US – as demonstrated by companies such as DeepSeek – we believe that export restrictions on technology and the substantial capital investments by US tech companies will allow them to maintain their lead in the artificial intelligence race. US dollar's status as the world's reserve currency Finally, the US dollar's role as the world's reserve currency continues to underpin demand for US assets, allowing the country to finance its debts and deficits at relatively low costs. This unique advantage enables the US to fund consumption and public spending more easily than most other nations. Despite growing calls for de-dollarisation, the greenback remains deeply entrenched in the global financial system, accounting for nearly half of Society for Worldwide Interbank Financial Telecommunication transactions and about 60 per cent of global foreign exchange reserves. The reality is that while the US dollar is far from perfect, there are currently no viable alternatives. The yuan remains constrained by capital controls, the euro lacks a unified fiscal framework, and non-fiat alternatives like digital currencies are still in their infancy. Therefore, although the US dollar may continue to face headwinds in the near term, its entrenched position in global trade, investments and reserve holdings is likely to ensure its continued dominance for the foreseeable future. Don't write off the US just yet Warren Buffett's famous advice – 'Never bet against America' – continues to hold true today. While short-term sentiment towards US assets has soured amid economic uncertainty, the long-term foundations of US exceptionalism remain intact. These structural strengths have underpinned decades of outperformance in US equities and, in our view, are unlikely to be undone by recent political disruptions. The writer is a research analyst with the research and portfolio management team of FSMOne Singapore, the B2C division of iFast Financial
