News for 'Bank of America'

Indian NGO selected for first US innovation award

Indian NGO selected for first US innovation award

Rediff.com8 Mar 2012

Chintan, an Indian NGO has been chosen for America's first Innovation Award for the Empowerment of Women and Girls.

Aditya Puri in Barron's list of 30 best CEOs

Aditya Puri in Barron's list of 30 best CEOs

Rediff.com22 Mar 2015

20 CEOs are from the companies based in US.

Why can't we create a Big Bang Theory?

Why can't we create a Big Bang Theory?

Rediff.com27 Jun 2020

'Where are the funny writers on Indian television and OTT platforms?' 'Where are the sitcoms?' asks Vanita Kohli Khandekar.

10 reasons why the Indian economy has gone off track

10 reasons why the Indian economy has gone off track

Rediff.com28 May 2012

The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.

Analysts see another repo hike on Oct 29

Analysts see another repo hike on Oct 29

Rediff.com8 Oct 2013

Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.

$100 million: The heavy price of cyber security

$100 million: The heavy price of cyber security

Rediff.com17 Jan 2017

Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.

US to lose high-skilled entrepreneurs: Study

US to lose high-skilled entrepreneurs: Study

Rediff.com19 Mar 2009

The Kauffman Foundation study released on Wednesday indicates that lessening the number of foreign national students in US jobs may be detrimental to the economic health of the country by accelerating the return of talented immigrant students to their home countries.

Sensex EPS likely to be under Rs 1,300 for FY'14: BofA

Sensex EPS likely to be under Rs 1,300 for FY'14: BofA

Rediff.com2 Apr 2013

According to the financial services major, FY13 Sensex EPS has been downgraded from Rs 1,510 to Rs 1,175, and FY14 Sensex EPS is likely to be downgraded to below Rs 1,300.

India's $400-billion forex reserves comes at a cost

India's $400-billion forex reserves comes at a cost

Rediff.com29 Sep 2017

What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.

3 reasons why RBI should opt for a rate cut

3 reasons why RBI should opt for a rate cut

Rediff.com5 Aug 2016

RBI policy surely cannot impact agflation, in any case.

Why India must celebrate its 1971 victory

Why India must celebrate its 1971 victory

Rediff.com16 Dec 2020

We celebrate Dassera and regard it as an auspicious day as a day of victory of good over evil! So was 16 December! It is time we regard this day as auspicious as Dassera in future, observes Colonel Anil A Athale (retd).

FM faces US chill: Business forums express concern

FM faces US chill: Business forums express concern

Rediff.com19 Apr 2012

The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.

Obama nominates Yellen as head of Federal Reserve Board

Obama nominates Yellen as head of Federal Reserve Board

Rediff.com10 Oct 2013

US President Barack Obama has nominated Janet Yellen to head the Federal Reserve Board, describing her as one of America's "foremost economists and policy makers".

360,000 cards hacked in May cyber attack: Citigroup

360,000 cards hacked in May cyber attack: Citigroup

Rediff.com16 Jun 2011

In a statement issued late on Wednesday night, Citigroup said, "A total of 360,083 North America Citi-branded credit cards were affected. Only accounts issued in the US were impacted."

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Flipkart awaits CCI nod for Walmart deal, puts plans on hold

Rediff.com26 Jun 2018

Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.

Obamacare a bitter pill for Cognizant

Obamacare a bitter pill for Cognizant

Rediff.com9 May 2014

In the quarter, Cognizant's revenue grew one per cent over the past quarter in North America.

Hacked! Thousands of Citi card customers' data

Hacked! Thousands of Citi card customers' data

Rediff.com9 Jun 2011

Computer hackers have breached Citigroup's computer network and have accessed data related to hundreds of thousands of its card customers, the Financial Times said.

Worst economic crisis since Great Depression: IMF

Worst economic crisis since Great Depression: IMF

Rediff.com9 Apr 2020

The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.

SBI may hit market with Rs 15,000 cr issue by June

SBI may hit market with Rs 15,000 cr issue by June

Rediff.com24 Apr 2015

Budget this year has allowed PSBs to bring down govt stake to 51%

'FY'13 GDP growth to be at 5.6%'

'FY'13 GDP growth to be at 5.6%'

Rediff.com10 Sep 2012

According to a research report by Bank of America Merrill Lynch, despite better rains the growth forecast for this fiscal is likely to be around 5.6 per cent.

How a song taught kids to wash their hands!

How a song taught kids to wash their hands!

Rediff.com4 Apr 2020

'With running water our two hands play, In and out the colourful soap dances away! It bubbles and froths between our fingers Under our nails it cleans and lingers Then all the soap we wash away!'

Brazil BRICS summit to be Modi's first multilateral meeting

Brazil BRICS summit to be Modi's first multilateral meeting

Rediff.com7 Jul 2014

The agenda is to give a concrete shape to a Development Bank and pitch for reforms of the UN Security Council.

'Parsi lifestyle is not going to die away in a hurry'

'Parsi lifestyle is not going to die away in a hurry'

Rediff.com16 Aug 2021

'Parsis are brought up with a great sense of the importance of truth and speaking your mind.'

Merrill paid over $10 mn to top execs

Merrill paid over $10 mn to top execs

Rediff.com4 Mar 2009

Beleaguered investment bank Merrill Lynch has paid more than $10 million in cash and stock to its eleven top executives last year, says a media report.

BoA to set up 2nd BPO unit in Mumbai

BoA to set up 2nd BPO unit in Mumbai

Rediff.com11 Feb 2005

The unit will do market research and prepare presentations for bank executives working with corporate clients.

Financial firms expect another stimulus

Financial firms expect another stimulus

Rediff.com1 Jun 2009

Bank of America Securities-Merrill Lynch raised its growth forecast to 6.3 per cent from 5.3 per cent for the current fiscal. BAS-ML has also revised the country's growth projection to 7.3 per cent for the next fiscal from 7.1 per cent earlier.

'Superstar chairmen across corporate India don't want to give up power'

'Superstar chairmen across corporate India don't want to give up power'

Rediff.com3 Nov 2016

The Tata Sons controversy has raised governance concerns. Arun Duggal and Mohandas Pai on the role of independent directors in such conflict situations.

JioMart taps more daily orders than BigBasket, Amazon

JioMart taps more daily orders than BigBasket, Amazon

Rediff.com24 Jul 2020

While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.

Lehman Brothers files for bankruptcy. Is AIG next?

Lehman Brothers files for bankruptcy. Is AIG next?

Rediff.com15 Sep 2008

Lehman Brothers, fourth largest investment firm, filed for bankruptcy, after Barclays pulled out of an 11th-hour rescue, becoming the largest financial firm to fail in the global credit crisis, after federal officials refused to help other companies buy the venerable investment bank.

Merrill Lynch tops Indian M&A league

Merrill Lynch tops Indian M&A league

Rediff.com13 Dec 2013

Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.

YOUR SAY: Best companies to work for in India

YOUR SAY: Best companies to work for in India

Rediff.com20 Jun 2012

Tell us, which company, according to you is the best in India to work for! Post your comments right below!

Economists cut India's growth forecasts

Economists cut India's growth forecasts

Rediff.com25 May 2012

Goldman cut India's growth estimates to 6.6 per cent from 7.2 per cent for the fiscal year ending March 2013, while BofA revised its forecast to 6.5 per cent from 6.8 per cent.

Watch out for these stocks this monsoon

Watch out for these stocks this monsoon

Rediff.com28 Apr 2017

What stocks will gain from a normal monsoon?

The richest women on TV

The richest women on TV

Rediff.com15 Oct 2009

A look at the top moneymaking female on primetime TV by Forbes.

Recovery for Indian economy? 6 months away!

Recovery for Indian economy? 6 months away!

Rediff.com5 Oct 2012

According to BofA-ML, lead indicators still point to six months of pain and it is not until the March quarter that growth is expected to recover to 6.5 per cent levels.

Good Samaritans work to rescue animals from Hurricane Florence

Good Samaritans work to rescue animals from Hurricane Florence

Rediff.com19 Sep 2018

Hurricane Florence hammered the Carolinas in America with damaging winds, storm surge and catastrophic flooding. The damage is so catastrophic that experts are pegging property damage and disruption from Hurricane Florence to total at least $17 billion to $22 billion. Additionally, the storm has claimed 32 deaths as of Monday, most of them in North Carolina, a number that had nearly doubled since a day earlier. Dogs, domestic animals and livestock took a hit from the record-breaking rainfall, surging floodwaters and brutal winds. Here are some of the most heart-warming images from the rescue.

More bad news for India, IMF pegs 2020 growth rate at 1.9%

More bad news for India, IMF pegs 2020 growth rate at 1.9%

Rediff.com14 Apr 2020

With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.

'Crony capitalism happened right under Rajan's nose'

'Crony capitalism happened right under Rajan's nose'

Rediff.com22 Jun 2016

'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'

Connaught Place is world's 9th most expensive office location

Connaught Place is world's 9th most expensive office location

Rediff.com12 Jul 2018

Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.

Coming soon: The Big Bear Market

Coming soon: The Big Bear Market

Rediff.com28 Mar 2018

'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.