Valuation and consulting for financial reporting, federal, state and local tax, investment and risk management purposes.Valuation Advisory
Pratik Sengupta, Director in Duff & Phelps’ Alternative Asset Advisory practice, was featured in CNBC TV18 discussing the meltdown in crude oil prices and its potential economic impact. The supply-demand imbalance and lack of storage facilities have led to the collapse in oil prices. However, the declining prices might have a positive impact on the Indian economy leading to significant savings. Indian oil refining companies tend to focus more on storing their outputs; hence, these companies are expected to witness a surge in gross refining margins and valuations.
Read the full article here.