The rupee's stability in the last 12 to 18 months made corporates reduce hedging
TCS plans to build ignio as a standalone company.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
There is an "infinitely" greater chance of the cash-rich Islamic State smuggling its first nuclear weapon from Pakistan to attack the United States within a year, according to the latest edition of the dreaded group's propaganda magazine.
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
Beleaguered investment banking major Merrill Lynch's losses widened to $5.15 billion for the third quarter ended September 26, 2008, as write-downs to the tune of $9.5 billion took a heavy toll on the bottom line.
Union Bank of India, United Bank of India reduced base rates.
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.
Since 2009, the Department has publicly charged 73 account holders and 35 professionals with violations arising from their offshore banking activities, and 72 individuals have plead guilty or were convicted at trial.
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.
Reliance has significant investments in telecom, consumer retail and media businesses in India.
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In the global market, the dollar was quoted lower in the early trade with investors looking ahead to the following day's European Central Bank policy decision.
If the government is to be the lender of last resort for financial companies, it has to demand more control over their daily business
In order to determine whether this would be sound strategy for them, one needs to look at two issues: One, on the alliances being built globally between telcos, on one hand, and cloud service firms, on the other, especially with the advent of 5G; and two, how their business strategies in India will blend into with such a deal.
The 71st Emmy Awards have been announced, and there have been quite a few surprises and some expected nods.
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Many European cities have less than half the emissions per person of many cities in North America.
For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
Black is the new platinum as the field for elite credit cards gets crowded.
Will it trigger a social and management revolution as well, asks Ajit Balakrishnan.
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.
A breakthrough will come from what we teach and how, says Ajit Balakrishnan.
Inflows from Europe, falling crude oil to come to the rescue if rupee cracks against the dollar.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.
Meanwhile, Gandhi said Modi has betrayed the people, claiming that he had not fulfilled promises of providing two crore jobs every year and "depositing" Rs 15 lakh in their bank accounts.
Britain's National Cyber Security Centre, leading the international investigation, believes that a hacking group known as Lazarus launched the attack.
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.
Czech model Karolina Kurkova has taught aspiring models about the importance of healthy eating in a reality programme.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
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.
Rosier year-end seen for Indian pharma thanks to faster US approvals.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
'One of the strategies is to pick deals carefully. That means looking at sectors like energy, banking, insurance and also doing outsourcing.'
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.
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