News for 'Bank of America'

Is India's NavIC Better Than GPS?

Is India's NavIC Better Than GPS?

Rediff.com28 Oct 2023

NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.

15 global banks that Moody's downgraded

15 global banks that Moody's downgraded

Rediff.com22 Jun 2012

Some banks called the Moody's move backward looking, arbitrary and unwarranted.

Youngest vs oldest: Scaloni ready to take on Van Gaal

Youngest vs oldest: Scaloni ready to take on Van Gaal

Rediff.com7 Dec 2022

Scaloni has helped get one over the Dutch Master at least once before when he was at Deportivo, who pipped Van Gaal's Barcelona to the 1999-2000 La Liga title.

Two Americas football bosses arrested as FIFA corruption scandal deepens

Two Americas football bosses arrested as FIFA corruption scandal deepens

Rediff.com3 Dec 2015

Switzerland's Federal Office of Justice (FOJ) named the men as Alfredo Hawit of Honduras, acting president of the CONCACAF federation and a FIFA vice-president, and Juan Angel Napout of Paraguay, head of the South American football federation CONMEBOL. CONCACAF administers football in North and Central America and the Caribbean.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

India's growth will 'decelerate' to 5% in FY20: World Bank

India's growth will 'decelerate' to 5% in FY20: World Bank

Rediff.com9 Jan 2020

In India, economic activity slowed substantially in 2019, with the deceleration most pronounced in the manufacturing and agriculture sectors, whereas government-related services sub-sectors received significant support from public spending, the Bank said.

BofA Merrill turns positive on Indian banks

BofA Merrill turns positive on Indian banks

Rediff.com8 Jan 2013

BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.

Sachin Bansal wants to start a bank

Sachin Bansal wants to start a bank

Rediff.com12 Feb 2020

'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'

Has correlation between Nifty IT index and NASDAQ ended?

Has correlation between Nifty IT index and NASDAQ ended?

Rediff.com26 May 2023

Back home, the Nifty IT index - a gauge of the performance of the IT stocks on the National Stock Exchange (NSE) that has closely mirrored the performance of NASDAQ over the past few years - has lost nearly 2 per cent in CY23.

Why govt banks will not be privatised

Why govt banks will not be privatised

Rediff.com28 Mar 2018

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'

'Modi can help break Gaza siege'

'Modi can help break Gaza siege'

Rediff.com16 Oct 2023

'India is respected by both Israel and Palestine.' 'India can push the international community for the peace process.'

Four US investment banks offer support for London after Brexit vote

Four US investment banks offer support for London after Brexit vote

Rediff.com7 Jul 2016

JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector

Diwali to be school holiday in New York City

Diwali to be school holiday in New York City

Rediff.com27 Jun 2023

New York City Mayor Eric Adams said he was proud that the State Assembly and the State Senate have passed the bill making Diwali a New York City Public School holiday.

Is India Distancing Itself From Israel?

Is India Distancing Itself From Israel?

Rediff.com27 Dec 2023

India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.

Global banks confident of tiding over crisis

Global banks confident of tiding over crisis

Rediff.com4 Jul 2012

The banks provided the 'living wills' road maps that were requested by US regulators to help the banks' liquidation in a financial crisis.

How America got out of its 1st debt crisis in the 18th century

How America got out of its 1st debt crisis in the 18th century

Rediff.com16 Aug 2011

Both Europe and the US can learn a lesson from American history to overcome their debt problems.

'Bankruptcy Code killing banks, helping Mallya'

'Bankruptcy Code killing banks, helping Mallya'

Rediff.com8 May 2018

'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'

Pyaar Aur Mohabbat At INDIA Meet

Pyaar Aur Mohabbat At INDIA Meet

Rediff.com2 Sep 2023

Arvind Kejriwal warned the media that "very big forces" would try and break the INDIA alliance by showing that there was a lot of acrimony among them.

Is Chidambaram's plan to create big banks feasible?

Is Chidambaram's plan to create big banks feasible?

Rediff.com28 Dec 2012

Consolidation will help banks derive economies of scale, but integration will not be easy.

The Times They Are A-Changin'

The Times They Are A-Changin'

Rediff.com17 Oct 2023

... And what explains the directions of change? asks Ajit Balakrishnan.

Banks see slowest growth in a decade

Banks see slowest growth in a decade

Rediff.com14 Sep 2012

Banks' loans are set to grow at the slowest pace in a decade this financial year, as companies continue to shy away from borrowing in the current uncertain macro-economic environment.

'Need to ruthlessly pursue and destroy Hamas'

'Need to ruthlessly pursue and destroy Hamas'

Rediff.com14 Oct 2023

'We are in very tough times, but we are all absolutely committed to seeing the destruction of Hamas'

Wipro to focus on banks in emerging markets

Wipro to focus on banks in emerging markets

Rediff.com6 Nov 2012

The financial services industry, especially banking, is in the midst of massive upgrade of existing IT set ups to cope with future regulatory and customer-driven online and mobile services, said Vijay Sharma, vice president & head domain & industry advisory services for banking, financial services and insurance.

25-yr-old from Andhra among 3 killed in US bank shooting

25-yr-old from Andhra among 3 killed in US bank shooting

Rediff.com7 Sep 2018

Pruthviraj Kandepi, who hailed from Guntur district of Andhra Pradesh, was killed in the shootout.

How Washington can prevent 'zombie banks'

How Washington can prevent 'zombie banks'

Rediff.com2 Mar 2009

Beginning in 1990, Japan suffered a collapse in real estate and stock market prices that pushed major banks into insolvency

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Biden appoints 2 Indian-Americans to advisory panel for trade policy

Rediff.com11 Mar 2023

On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.

Likely done by 'other team': Biden on Gaza hospital blast

Likely done by 'other team': Biden on Gaza hospital blast

Rediff.com19 Oct 2023

United States President Joe Biden on Wednesday said that based on what he saw, it appears that the deadly explosion at the Gaza hospital was done by 'the other team' and not the Israeli military, accepting the Israeli version of the story pinning the blame for the blast on the Palestinian militant group Islamic Jihad.

Banks: Consolidation the buzzword

Banks: Consolidation the buzzword

Rediff.com25 Dec 2004

It is believed that the new draft guidelines will encourage foreign banks to acquire stakes in Indian banks.

BankAm arms shut shop in India

BankAm arms shut shop in India

Rediff.com29 Aug 2006

Amidst global private equity investment firms making a beeline for India and the growing dominance of PE players in the M&A deals executed by India Inc, US-based banking giant Bank of America has pulled curtains on its private equity division in Mumb

TCS eyes 6-7 deals over $100 mn in Latin America

TCS eyes 6-7 deals over $100 mn in Latin America

Rediff.com17 Sep 2009

Further, as a part of its continued expansion plan across Latin America, TCS has set up its delivery centre in Argentina. This is the eighth centre for the company in the region at a cost of $2 million (around Rs 10 crore). The centre, spread over 10,000 square metres, will initially employ 250 professionals, but has the capacity to house 1,000 people.

Rate cuts may adversely impact bank margins

Rate cuts may adversely impact bank margins

Rediff.com11 Jan 2017

While rate cuts may increase churn between banks, these may not boost credit offtake meaningfully.

Full Text: PM Modi's address to US Congress

Full Text: PM Modi's address to US Congress

Rediff.com23 Jun 2023

Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.

Foreign banks want to be heard

Foreign banks want to be heard

Rediff.com24 Nov 2006

India CEOs of 12 banks form pressure group within IBA.

Can Israel's Army Win The War?

Can Israel's Army Win The War?

Rediff.com8 Nov 2023

If military power is all it would take to finish the menace of an awful terrorist organisation like Hamas, how come five Israeli wars in Gaza since 2003 have failed to do so? asks Shekhar Gupta.

India should not bank on America: Yashwant Sinha

India should not bank on America: Yashwant Sinha

Rediff.com2 Aug 2009

India should be wary of Pakistan, Yashwant Sinha, senior leader of the Bharatiya Janata Party, tells Aasha Khosa.

Why you should look at investing in old private banks

Why you should look at investing in old private banks

Rediff.com20 Dec 2012

Analysts believe that new companies getting into banking space will look at acquiring old private banks. Following this view, there has been a significant rally in banking stocks.

'A Jungle Boogie -- The Real Deal!'

'A Jungle Boogie -- The Real Deal!'

Rediff.com7 Jul 2023

The Pandays aka The Travelling Family are making a trip around the world. Three days spent in the Amazon were unforgettable.

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Rediff.com12 Sep 2023

Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.

LPGA Classic: Another top-10 finish for golfer Aditi Ashok

LPGA Classic: Another top-10 finish for golfer Aditi Ashok

Rediff.com19 Jun 2023

Aditi Ashok has risen to 15th on the LPGA's Race to CME Globe and could well go better than career-best 48th in world rankings.