News for 'Bank of America Securities'

China, US hold military-level talks over Afghanistan

China, US hold military-level talks over Afghanistan

Rediff.com28 Aug 2021

Deputy director for the People's Liberation Army Office for International Military Cooperation Major General Huang Xueping held a video conference with his US counterpart Michael Chase last week.

BRICS bank: A giant step towards reforming the world system

BRICS bank: A giant step towards reforming the world system

Rediff.com18 Jul 2014

The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.

India's Submarine Dilemma

India's Submarine Dilemma

Rediff.com7 Oct 2021

Hydrography (underwater geography) prevents the Indian Navy for opting for an all-conventional, or all-nuclear submarine fleet.

RBI may cut rates by 25 bps before next policy meet

RBI may cut rates by 25 bps before next policy meet

Rediff.com9 Mar 2016

Raghuram Rajan on February 2 left the key interest rate unchanged.

'For better growth figures, we need healthier banks'

'For better growth figures, we need healthier banks'

Rediff.com16 May 2016

Arun Jaitley interview.

Why are US, British, Russian spy chiefs in Delhi?

Why are US, British, Russian spy chiefs in Delhi?

Rediff.com14 Sep 2021

The Western powers appear to regard Delhi as the most logical destination in the region in these extraordinary times -- as a counterpoint to the ascendance of political Islam and a rising red star over Afghanistan, observes Ambassador M K Bhadrakumar.

Provided 'strong support' to India during LAC standoff: US

Provided 'strong support' to India during LAC standoff: US

Rediff.com17 Sep 2020

'The crisis has strengthened America's resolve to work towards building its relationship with India as a bulwark against Chinese aggression'

Kamala Harris is tough, proven fighter for middle class: Biden

Kamala Harris is tough, proven fighter for middle class: Biden

Rediff.com13 Aug 2020

Biden, 77, made his maiden public appearance with his running mate Harris on Wednesday and said that both of them are ready to get to work in rebuilding America and a better future for its people.

Mirach fiasco: Sahara initiates legal action; eyes new deal

Mirach fiasco: Sahara initiates legal action; eyes new deal

Rediff.com12 Feb 2015

Sahara said it has initiated legal action against Mirach Capital.

Pegasus Project: Why I am hesitant to defend the government but must

Pegasus Project: Why I am hesitant to defend the government but must

Rediff.com22 Jul 2021

Snooping is one of the oldest peccadilloes of man, observes Ambassador M K Bhadrakumar.

World leaders thank India for Covid vaccine shipments to combat pandemic

World leaders thank India for Covid vaccine shipments to combat pandemic

Rediff.com29 Sep 2021

World leaders thanked India for its help and support in combating the coronavirus pandemic through "early and meaningful" shipments of COVID-19 vaccine doses, as they addressed the high-level UN General Assembly session this year.

Glimmers of Mehul Choksi's 'empire' that was built on fraud

Glimmers of Mehul Choksi's 'empire' that was built on fraud

Rediff.com3 Jul 2021

Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.

I am not resigning, says Infosys Finacle Head Haragopal

I am not resigning, says Infosys Finacle Head Haragopal

Rediff.com8 Jun 2014

Last week, its global head of strategic sales, marketing and alliances Prasad Thrikutam resigned from the job marking the 11th senior management executive exit from Infosys since Murthy's return.

Email spoofing is the latest cyber fraud

Email spoofing is the latest cyber fraud

Rediff.com23 May 2020

Email providers can stop spoof emails impersonating them from reaching their customer's inbox or junk/bulk folder by enabling DMARC, says Venkata Satish Guttula.

Political risks the stock markets face in 2018

Political risks the stock markets face in 2018

Rediff.com27 Dec 2017

Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.

Can Gujarat's GIFT city be Asia's next financial hub?

Can Gujarat's GIFT city be Asia's next financial hub?

Rediff.com5 Aug 2020

'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'

US vision of Lanka very different from 'predator' China: Pompeo

US vision of Lanka very different from 'predator' China: Pompeo

Rediff.com28 Oct 2020

Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".

The damage Pompeo is causing to US interests

The damage Pompeo is causing to US interests

Rediff.com12 Jan 2021

BWith a distracted president brooding in the White House, Pompeo seems to think his day has come. He seems to be pushing a personal agenda before a target audience in America, observes Ambassador M K Bhadrakumar.

Donald, Melania Trump visit Taj Mahal

Donald, Melania Trump visit Taj Mahal

Rediff.com24 Feb 2020

US President Trump and the First Lady held hands as they strolled at the Taj complex and later wrote in the visitors' book. They were also briefed about the history and importance of the monument.

US defence secretary hits ground running, meets PM Modi, NSA Doval

US defence secretary hits ground running, meets PM Modi, NSA Doval

Rediff.com20 Mar 2021

United States Defence Secretary Lloyd J Austin arrived in India on Friday on a three-day visit, aimed at further boosting bilateral defence and security ties in the wake of China's growing military assertiveness in the region including the Indo-Pacific.

US, UK pin WannaCry cyber-attack on North Korea

US, UK pin WannaCry cyber-attack on North Korea

Rediff.com16 Jun 2017

Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.

ICICI Life gets Sebi nod for biggest IPO in 6 years

ICICI Life gets Sebi nod for biggest IPO in 6 years

Rediff.com8 Sep 2016

Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300

IT cos set to slash 3 mn jobs by 2022

IT cos set to slash 3 mn jobs by 2022

Rediff.com16 Jun 2021

With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping $100 billion mostly in salaries annually, says a report. The domestic IT sector employs around 16 million, of them around 9 million are employed in low-skilled services and BPO roles, according to Nasscom. Of these 9 million low-skilled services and BPO roles, 30 per cent or around 3 million will be lost by 2022, principally driven by the impact of robot process automation or RPA. Roughly 0.7 million roles are expected to be replaced by RPA alone and the rest due to other technological upgrades and upskilling by the domestic IT players, while it the RPA will have the worst impact in the US with a loss of almost 1 million jobs, according to a Bank of America report on Wednesday.

'Hum aapke saath mein hai'

'Hum aapke saath mein hai'

Rediff.com4 Mar 2022

'I want to show that we are also part of this society and want to participate just as much, whether it is for security or whatever community work there.'

Subrata Roy's get-out-of-jail deal is mired in mystery

Subrata Roy's get-out-of-jail deal is mired in mystery

Rediff.com5 Feb 2015

Sahara relied on a letter from bank saying the funds were there.

'India, China can't have 'normal' relationship if...'

'India, China can't have 'normal' relationship if...'

Rediff.com18 Feb 2021

Foreign Secretary Harsh Vardhan Shringla terms India's relationship with China as "complex".

Bullish bets on India at a high

Bullish bets on India at a high

Rediff.com22 Oct 2014

Investors more overweight on India compared to other emerging markets says Bank of America Merrill Lynch.

The $30 bn Sale & Leaseback of India's Internet Economy

The $30 bn Sale & Leaseback of India's Internet Economy

Rediff.com23 Jul 2020

India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.

China or Pakistan? Who should Modi make peace with?

China or Pakistan? Who should Modi make peace with?

Rediff.com12 Mar 2021

India must break out of this strategic triangulation between China and Pakistan. We need to settle our issues with one of the two, notes Shekhar Gupta.

Sahara saga: Mirach says 3 hotels can fetch maximum $1.67 bn

Sahara saga: Mirach says 3 hotels can fetch maximum $1.67 bn

Rediff.com8 Feb 2015

Sahara says it got suspicious on February 1 about the purported letter showing Mirach having blocked sufficient funds with Bank of America.

Markets to remain volatile in Sept-Nov: BofA-ML

Markets to remain volatile in Sept-Nov: BofA-ML

Rediff.com7 Sep 2015

The US Fed will decide if it should raise interest rates from near-zero levels first time in a decade.

Trump cancels secret talks with Taliban over Kabul attack

Trump cancels secret talks with Taliban over Kabul attack

Rediff.com8 Sep 2019

Trump disclosed that he was to meet the Afghan President and senior Taliban leaders on Sunday at his Camp David retreat.

Taliban: Time for India to think BOLD

Taliban: Time for India to think BOLD

Rediff.com25 Aug 2021

Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.

Silver will fare better than gold in 2018: Goldman Sachs

Silver will fare better than gold in 2018: Goldman Sachs

Rediff.com2 Jan 2018

The underperforming metal for 2017 expected to return 17-20%

Ola S1 scooters launched, prices start at Rs 99,999

Ola S1 scooters launched, prices start at Rs 99,999

Rediff.com16 Aug 2021

SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.

What did Modi's US visit achieve?

What did Modi's US visit achieve?

Rediff.com1 Oct 2019

'No amount of digression can hide deflect the fact that the PM's visit was badly conceived, planned and executed,' argues Ambassador M K Bhadrakumar.

PM Narendra Modi leaves for Brazil on Sunday

PM Narendra Modi leaves for Brazil on Sunday

Rediff.com12 Jul 2014

Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.

Hold on! Stock market will not give up gains easily

Hold on! Stock market will not give up gains easily

Rediff.com13 May 2015

Axis Bank, HCL Technologies, Maruti Suzuki, NBCC and Union Bank are their top five stock picks.

'Stock markets warming up to a Biden win'

'Stock markets warming up to a Biden win'

Rediff.com3 Nov 2020

'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'

'Earnings growth will need to pick up to attract foreign flows'

'Earnings growth will need to pick up to attract foreign flows'

Rediff.com26 Oct 2017

Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.