News for 'Bank of America'

BoA to invest $175 mn in India

BoA to invest $175 mn in India

Rediff.com10 May 2005

Bank of America on Tuesday said it was committing additional capital to the tune of $175 million (Rs 767 crore) for shoring up its India franchise.

Financial cowboys need to be lassoed, corralled

Financial cowboys need to be lassoed, corralled

Rediff.com8 Aug 2008

If the government is to be the lender of last resort for financial companies, it has to demand more control over their daily business

'Mucor is very scary'

'Mucor is very scary'

Rediff.com2 Jun 2021

'Mucor is an environmental fungus, and it's much more prevalent in hot and humid areas.' 'The amount of fungus in the air is much higher in India than some other parts of the world.'

FCNR redemptions won't be disruptive, say bankers

FCNR redemptions won't be disruptive, say bankers

Rediff.com13 Sep 2016

There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed

Are you a dollar bull or dollar bear?

Are you a dollar bull or dollar bear?

Rediff.com2 Feb 2017

Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.

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.

'Farmers will wipe out the BJP in elections'

'Farmers will wipe out the BJP in elections'

Rediff.com7 Oct 2020

'They will not get more than two seats in Haryana if elections are held now.'

How Modi can rescue the economy

How Modi can rescue the economy

Rediff.com26 Jun 2019

''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.

Cities with world's highest and lowest carbon emission

Cities with world's highest and lowest carbon emission

Rediff.com14 Apr 2011

Many European cities have less than half the emissions per person of many cities in North America.

Sensex, Nifty end in the red

Sensex, Nifty end in the red

Rediff.com16 Jun 2017

Pharma was the top losing index amid worries about their earnings outlook with Lupin down over 4%

Divergent monetary policies positive for India

Divergent monetary policies positive for India

Rediff.com16 Sep 2014

Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar.

Sensex slides 285 points on weak FY16 growth forecast; IT, metal stocks disappoint

Sensex slides 285 points on weak FY16 growth forecast; IT, metal stocks disappoint

Rediff.com18 Dec 2015

Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.

Consulting, finance firms dominate placements at IIM-C

Consulting, finance firms dominate placements at IIM-C

Rediff.com21 Feb 2016

Reliance ADAG, Tech Mahindra among top recruiters at IIM-A

5th top-level exit hits Infosys

5th top-level exit hits Infosys

Rediff.com22 Oct 2018

The latest one being Ken Toombs, global head of consulting at the Bengaluru-based entity.

Why Sensex ended 521 points higher today

Why Sensex ended 521 points higher today

Rediff.com18 Oct 2016

ICICI Bank extended yesterday gains, rising 10% in two trading sessions

'Secularism has become a dirty word'

'Secularism has become a dirty word'

Rediff.com18 Jun 2019

'If any party talks too much about Muslims, it will lose.'

Rosier year-end seen for Indian pharma, thanks to faster US approvals

Rosier year-end seen for Indian pharma, thanks to faster US approvals

Rediff.com12 Oct 2015

Rosier year-end seen for Indian pharma thanks to faster US approvals.

The world's most exclusive credit cards

The world's most exclusive credit cards

Rediff.com6 Jul 2007

Black is the new platinum as the field for elite credit cards gets crowded.

Investors not keen on India

Investors not keen on India

Rediff.com17 Feb 2011

Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.

Hillary Clinton a 'world-class liar': Trump

Hillary Clinton a 'world-class liar': Trump

Rediff.com23 Jun 2016

The war of words between Donald Trump and his Democratic rival Hillary Clinton on Wednesday reached a new high with the presumptive Republican presidential nominee calling her a "world-class liar" while she hit back describing him as "self-proclaimed king of death" for his rhetoric, economic policies.

RBI lens on outward remittances

RBI lens on outward remittances

Rediff.com25 Oct 2015

Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart

Spectre of Biden presidency haunts India

Spectre of Biden presidency haunts India

Rediff.com8 Nov 2020

'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.

BofA, Morgan Stanley cut GDP outlook over notes ban

BofA, Morgan Stanley cut GDP outlook over notes ban

Rediff.com28 Nov 2016

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, while global financial services giant Morgan Stanley downgraded its GDP growth forecast for the current fiscal to 7.3 per cent from the earlier 7.7 per cent.

RIL raises $1 billion via a 10-year bond issue

RIL raises $1 billion via a 10-year bond issue

Rediff.com22 Jan 2015

RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.

RIL June quarter profit to drop 24%: BofA ML

RIL June quarter profit to drop 24%: BofA ML

Rediff.com16 Jul 2012

Reliance Industries is expected to report a 24 per cent drop in its net profit for the June 2012 quarter as compared to its profit in June 2011.

Imran Khan in US, will meet Trump on Monday

Imran Khan in US, will meet Trump on Monday

Rediff.com21 Jul 2019

Nawaz Sharif was the last Pakistani prime minister to visit the US on an official trip in October 2015.

Holbrooke promises transparency in US aid to Pak

Holbrooke promises transparency in US aid to Pak

Rediff.com18 Jun 2010

US Special Representative for Pakistan and Afghanistan Richard Holbrooke has promised "accountability" and "transparency" in America's civilian aid to Pakistan, a fortnight after a top Senator had expressed serious concern that the funds might end up in bank accounts of corrupt politicians and officials of the country.

Supermodel Kurkova sets a healthy example

Supermodel Kurkova sets a healthy example

Rediff.com7 Oct 2010

Czech model Karolina Kurkova has taught aspiring models about the importance of healthy eating in a reality programme.

Will RBI hold rates in its next credit policy?

Will RBI hold rates in its next credit policy?

Rediff.com1 Aug 2014

A bit of good news is that it has already mopped up $19 billion in forwards in May.

Mirach calls off Sahara loan deal, returns fees

Mirach calls off Sahara loan deal, returns fees

Rediff.com11 Feb 2015

Mirach said it has remitted $2.625 million to the Sebi-Sahara Fund.

TCS chief on growth prospects and hiring plans

TCS chief on growth prospects and hiring plans

Rediff.com19 Jan 2010

'One of the strategies is to pick deals carefully. That means looking at sectors like energy, banking, insurance and also doing outsourcing.'

El Nino to keep inflation elevated, delay rate cuts

El Nino to keep inflation elevated, delay rate cuts

Rediff.com13 Jun 2014

El Nino, which refers to warmer-than-average sea surface temperatures in the central and eastern tropical Pacific Ocean, will likely to keep CPI inflation up at 8-10 per cent in the second half of 2014 and will pose a 50-70 basis point risk to this fiscal's growth expectation, the report by financial services major Bank of America Merrill Lynch said.

Does poor hygiene lead to fewer Covid deaths?

Does poor hygiene lead to fewer Covid deaths?

Rediff.com30 Oct 2020

'Better hygiene practices could lower a person's immunity and make the person susceptible to auto-immune diseases.'

With revenue of $31 mn, ignio is another feather in TCS cap

With revenue of $31 mn, ignio is another feather in TCS cap

Rediff.com14 Aug 2018

ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space

DPC lenders' meet in London on May 12

DPC lenders' meet in London on May 12

Rediff.com11 May 2004

The Industrial Development Bank of India-led consortium will meet the foreign lenders in London on Wednesday for taking over their outstanding dues in the troubled Dabhol Power project.

El Nino impact, slow growth are hurdles for new govt: Report

El Nino impact, slow growth are hurdles for new govt: Report

Rediff.com9 May 2014

Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.

How poor rains will hit GDP growth

How poor rains will hit GDP growth

Rediff.com26 Apr 2014

A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 per cent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said.

Markets: Foreign investors pulling the plug

Markets: Foreign investors pulling the plug

Rediff.com2 Feb 2011

Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.

Ambani to set up sports scholarship

Ambani to set up sports scholarship

Rediff.com14 Feb 2004

Various corporate houses and private banks, including Aditya Birla Group, Hindustan Lever, Sahara Group, Bank of America, ANZ Grindlays, ICICI Bank, ABN Amro and HSBC

BofA-ML trims India's growth forecast to 5.5%

BofA-ML trims India's growth forecast to 5.5%

Rediff.com16 Jul 2013

The global brokerage firm in March had trimmed the growth forecast to 6 per cent and in June again it revised the growth estimate to 5.8 per cent.