Deepak Shenoy, believes that Indian companies such as NTPC will experience a higher interest cost in the future due to the higher pricing of stocks and prevailing interest rates. Shenoy is not very positive about investing in the coal and power industry as the lack of price-setting and mechanisms for reinvestment are problematic. Meanwhile, he suggests that investing in artificial intelligence is a game changer for the Indian business sector; however, there are no significant players in India yet.
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