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Flipkart gets a 3% devaluation by Morgan Stanley

This is the sixth consecutive markdown in the valuation of Flipkart by the US firm. US-based mutual fund Morgan Stanley marked down the value of its investment in India’s largest e-commerce......

Indian economy to reach $5 trillion by 2025: Morgan Stanley

By financial year 2024-25, Morgan Stanley expects per capita income to rise 125 per cent to $3,650. India's millennial population is a massive disruptive force and driven by this supportive......

Morgan Stanley's 38% trim in value adds to Flipkart's woes

The US-based firm has marked down the value of Flipkart for the sixth time, the latest at a time when it has been struggling to raise funds at a valuation higher than or equal to $15.2 billion.......

BofA, Morgan Stanley cut GDP outlook over notes ban

Bank of America Merrill Lynch on Monday trimmed India’s economic growth estimates by 30 basis points to 7.1 per cent for the current fiscal as demonetisation of Rs 500 and Rs 1,000 notes is......

These Olympians are also Wall Street brokers!

UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes Image: Emily Samuelson (L) and Evan Bates of the US perform during......
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Nikkei slips as yen edges up, but poised for weekly gains

* Stronger yen offsets effect of record closes on WallStreet * Nikkei heavy ahead of 20,000-point level - strategist TOKYO, May 26 (Reuters) -... ...

http://www.sify.com/finance/nikkei-slips-as-yen-edges-up-but-poised-for-weekly-gains-news-equity-rf0iudchfjbhd.html
London's gold benchmark hit by volatility after banks exit

By Peter Hobson LONDON (Reuters) - London's gold benchmark experienced large, unpredictable fluctuations after some banks left the auction that... ...

http://www.sify.com/finance/exclusive-londons-gold-benchmark-hit-by-volatility-after-banks-exit-news-default-rfzadQbaegfhg.html
U.S. home sales fall as tight supply boosts prices

WASHINGTON (Reuters) - U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is... ...

http://www.sify.com/finance/us-home-sales-fall-as-tight-supply-boosts-prices-news-real-estate-rfywhhajjehcb.html
PSBs gain approval to raise capital but investors unsure, says report

Banks are looking to raise money up to 90 per cent of market cap, according to Morgan Stanley report ...

http://www.business-standard.com/article/finance/psbs-gain-approval-to-raise-capital-but-investors-unsure-says-report-117052400701_1.html
China stocks steady, small-caps offset Moody's downgrade

SHANGHAI, May 24 (Reuters) - China's main stock indexesrecouped earlier losses to end roughly flat on Wednesday, asstrong gains in small-caps... ...

http://www.sify.com/finance/china-stocks-steady-small-caps-offset-moodys-downgrade-news-economy-rfynakehdhfhb.html

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