The global investment banking major has begun the process to explore the sale of its wealth management operations in India.
A summary of Saturday's action in the FIFA women's World Cup, co-hosted by Australia and New Zealand.
The Morgan 3 Wheeler is a rider's car. It is in essence a motorcycle with an additional wheel.
Scams, stuntswomen, pirates, freelancers, Sukanya Verma shows you everything you can catch on OTT this week.
Eoin Morgan vowed not to make too many changes from Alastair Cook's tenure as captain.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company Delhivery for Rs 954 crore through open market transactions. Saudi Arabian Monetary Authority, City of New York Group Trust, Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Mauritius, Baillie Gifford Emerging Markets Equities Fund were among the buyers of shares.
England and Indian cricket board chiefs are in the running to succeed South Africa's Percy Sonn as president of the ICC.
Calling for immediate policy action by the government, it warned that in the absence of such a step the GDP growth could slide even deeper -- to 4.3 per cent in 2012-13.
Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, the largest private-sector lender of the country, has just completed his first term. The period October 2020-October 2023 was a roller coaster, and the second one, which started on October 27, could be more interesting as the lender absorbs the impact of the merger of HDFC, which was integrated on July 1, and moves to the next growth phase. Soon after he took over the reins from Aditya Puri on October 27, 2020, the Reserve Bank of India (RBI) debarred HDFC Bank from enrolling new credit card customers and launching new products under the Digital 2.0 programme due to repeated outages on its mobile-banking and internet-banking platforms.
The apex court has upheld the treatment of its business process outsourcing hub, Morgan Stanley Advantage Services, as a service permanent establishment.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
India Inc has high hopes from the upcoming Budget.
J P Morgan Property Fund, which has mobilised over $300 million to focus on Indian real estate, is going to set up a residential project in Chennai, at an estimated cost of Rs 400 crore (Rs 4 billion).
Exciting Irish batsman Eoin Morgan said tracking Tuesday's Indian Premier League auction was a "nerve-racking" experience and he had given up all hopes when he saw Shahid Afridi going unsold.
'Data-dependence means you can raise or drop rates. The present stance is only for raising rates.'
It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.
The upward revision is due to stronger-than-expected GDP numbers for the quarter ended March 2016.
Morgan Stanley entered India in 1989 through an offshore fund --The India Magnum Fund. Ridham Desai, managing director and co-head (equity), has been with the firm since 1997. In an interview with Vandana, he speaks about the recent spike in the Indian stock market and the global recovery.
Even though investment sentiment is dampened by the worsening macroeconomic factors, investors are optmistic.
England batsman Eoin Morgan has been ruled out of the rest of the five-match One-day series against India after feeling 'acute pain' in a recurring shoulder injury.
FIIs have been strong buyers of shares since last year until a recent streak of selling.
Spanish football federation chief Luis Rubiales quit his post on Sunday after three weeks of scandal over allegations he gave an unsolicited kiss to a player.
A person familiar with the matter said the deal could be finalised in a month.
Citing a number of factors, including historic valuations, expectations for monetary stimulus, lower oil prices, and a weak rupee, the investment bank said it is 'overweight on private banks, IT services, and health care, but is underweight on consumer discretionary, energy and materials'.
India pacer Ishant Sharma, England's limited-overs skipper Eoin Morgan and former Australia pace spearhead Mitchell Johnson are among seven players who have listed themselves at the highest base price of Rs 2 crore (approx $298,000) for IPL-10 player auction.
Sports drama, spy thriller, haunted houses and many more films and shows you can catch on OTT this week.
JP Morgan's decision last week to include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) index and the index suite from June 2024 may be a sort of blessing for India, as the move is estimated to result in an inflow of $25 billion of foreign portfolio investments into the country. The development comes at a time when the spread between the benchmark 10-year government of India bond and the 10-year US government bond has declined to its lowest level in more than 17 years. Low yield spreads make Indian bonds less attractive to foreign portfolio investors (FPIs).
In what could turn out to be a possible embarrassment for the English Cricket Board (ECB) ahead of their World Cup campaign, Eoin Morgan has revealed that the injury which forced him out of the mega-event was not as serious as first thought.
Was descending into the telling of only Diana's tale in four long, slightly-draggy soap-opera-ish episodes of the last season the original premise of The Crown? asks Vaihayasi Pande Daniel.
After pulling out $17 billion in calendar year 2022, foreign portfolio investors (FPIs) have pumped $7.3 billion back into equity markets so far this year. The turnaround in foreign flows has helped domestic markets exceed the all-time highs chalked up in December 2022 and bounced back more than 10 per cent from this year's lows. However, a big nugget of FPI inflows seen this year could be off the back of two factors: exchange-traded funds (ETFs) and block deals.
Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal
A selection of musings from around the cricket World Cup.
After the massive sell-off since October, foreign portfolio investors (FPIs) are no longer the biggest non-promoter-shareholders in top Indian companies. This has happened for the first time in over a decade. "At 25.6 per cent ownership of India's largest 75 companies, domestic investors are now larger holders than FPIs for the first time since 2010," said Morgan Stanley strategists Ridham Desai, Sheela Rathi and Nayant Parekh in a note.
Infosys was the only large-cap IT player to report sequential constant currency (cc) revenue growth for the June quarter (1 per cent ), which was ahead of analyst expectations, but the company's sharp downward revision in its growth guidance took most brokerages by surprise. In line with the cut in its FY24 revenue guidance (cc) to 1-3.5 per cent, brokerages have unanimously reduced FY24 EPS estimates for the company in the range of 2-4 per cent, though the Street is likely fearing even further downside, they say. Global brokerages Macquarie and Nomura downgraded Infosys to underperform and reduce ratings, respectively, with the latter cutting the target price to Rs 1210 from Rs 1260.
ICC president David Morgan on Monday said he is hopeful of day-night Tests being played in either Australia or India in the near future.
Eoin Morgan made England's highest individual Twenty20 score (85 not out) to lead them to a one-run victory over South Africa under the Duckworth/Lewis method after a rain-hit match at the Wanderers on Friday.
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