News for 'Bank of America'

Economists find GDP data intriguing, say figures don't add up

Economists find GDP data intriguing, say figures don't add up

Rediff.com1 Mar 2017

They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.

'Excuse me, can I finish please?' Sanders, Clinton face-off in debate

'Excuse me, can I finish please?' Sanders, Clinton face-off in debate

Rediff.com7 Mar 2016

Hillary Clinton and Bernie Sanders held a fierce and substantive debate on Sunday night, disagreeing over trade, guns, the auto industry and Wall Street.

'You have to be willing to learn'

'You have to be willing to learn'

Rediff.com2 Sep 2005

'Nobody has a premium on solving the world's problems. Everybody has got new things to learn from somebody,' says CitiBanker Ajay Banga.

Gadkari scores on highways test, fails on road safety

Gadkari scores on highways test, fails on road safety

Rediff.com5 Jan 2019

The National Highways Authority of India will this year witness the highest ever growth out of the last decade. But Gadkari himself admits his biggest failure as India's roads minister has been his inability to curb loss of life in road accidents.

RBI likely to cut rates by 25bps in June: BofA-ML

RBI likely to cut rates by 25bps in June: BofA-ML

Rediff.com27 May 2013

BofA-ML said the liquidity deficit is running higher than the forecasts because the RBI has suspended its bond buybacks or open market operations.

Unearthing black money can add $30 billion to forex reserves

Unearthing black money can add $30 billion to forex reserves

Rediff.com29 Oct 2014

The unearthing of capital flight of "black" money Indians have allegedly stashed away in Swiss banks could add $30 billion to the country's forex reserves, says a Bank of America Merrill Lynch report.

Trump on the campaign trail in India

Trump on the campaign trail in India

Rediff.com17 Feb 2020

'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.

Market verdict: Rajan to hold interest rate

Market verdict: Rajan to hold interest rate

Rediff.com26 Nov 2015

RBI has, since January, cut its policy rate four times.

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Sensex snaps 4-session long gaining streak; telecom stocks hog limelight

Rediff.com30 Jan 2017

In the broader market, the BSE Midcap index bucked the trend to gain 0.3%

Credit Suisse to pay $536 mn for breaching US laws

Credit Suisse to pay $536 mn for breaching US laws

Rediff.com17 Dec 2009

The violations relate to transactions Credit Suisse illegally conducted on behalf of customers from Iran, Sudan, Myanmar and other countries, violating the International Emergency Economic Powers Act and New York state law.

India home to 56 of the world's 2000 powerful companies: Forbes

India home to 56 of the world's 2000 powerful companies: Forbes

Rediff.com7 May 2015

Reliance Industries leads the pack of 56 Indian companies.

Experts bet on RBI to hold rates steady on Tuesday

Experts bet on RBI to hold rates steady on Tuesday

Rediff.com29 Nov 2015

Adopting a wait- and-watch approach ahead of US Fed meeting

10 reasons why the rupee will remain stable in 2016

10 reasons why the rupee will remain stable in 2016

Rediff.com21 Dec 2015

The rupee will largely remain stable but with a mild depreciating bias in the next one year

IGATE founders to bag $1 billion post Cap Gemini acquisition

IGATE founders to bag $1 billion post Cap Gemini acquisition

Rediff.com27 Apr 2015

IGATE's shares closed on Nasdaq on Friday at $45.85.

US exempts India from sanctions at Chabahar port in Iran

US exempts India from sanctions at Chabahar port in Iran

Rediff.com7 Nov 2018

America's decision to give India exemption from imposition of certain sanctions for the development of the port is driven by the South Asian strategy, which was announced by President Donald Trump in August.

Bullish bets on India at all-time high

Bullish bets on India at all-time high

Rediff.com18 Nov 2014

GEM fund managers more overweight on India than ever before says Bofa-ML report.

Jack Ma eyeing Indian e-commerce universe

Jack Ma eyeing Indian e-commerce universe

Rediff.com1 Apr 2015

Ma is also exploring strategic play in one of the largest media houses in India.

'Markets likely to fall before Budget'

'Markets likely to fall before Budget'

Rediff.com29 Jan 2010

The brokerage expects single-digit returns from the Bombay Stock Exchange's Sensex with year-end target of 18,000. The Sensex has fallen almost 8 per cent in the last seven trading sessions because of global liquidity tightening.

Will Mudbound get Netflix an Oscar nomination?

Will Mudbound get Netflix an Oscar nomination?

Rediff.com25 Dec 2017

Even as the Academy of Motion Picture Arts and Sciences decide if a film backed by a streaming service qualifies for a 'regular' feature nomination, both critics and audiences hope Mudbound makes it to the Oscars, says Nikita Puri.

NRIs, check the number of days you spend in India

NRIs, check the number of days you spend in India

Rediff.com2 Mar 2020

The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.

Not Federer, not Ronaldo. Who is the highest-paid athlete of all time?

Not Federer, not Ronaldo. Who is the highest-paid athlete of all time?

Rediff.com14 Dec 2017

The 54-year-old has a whopping $1.7 billion in the bank, thanks to his long time endorsement relationships with Beverage company Gatorade, clothing brand Hanes, American Sportswear giant Nike and playing card manufacturer Upper Deck.

Namibia assures supply of uranium to India

Namibia assures supply of uranium to India

Rediff.com17 Jun 2016

Speaking at the State Banquet hosted in the honour of President Pranab Mukherjee, Namibian President Hage Geingob said Namibia commends India's commitment towards peaceful use of nuclear energy.

Nadella at No.5 toplines Indian quartet on Fortune's businessman of year list

Nadella at No.5 toplines Indian quartet on Fortune's businessman of year list

Rediff.com30 Nov 2016

Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.

'High level of risk' at the Rio Olympics...

'High level of risk' at the Rio Olympics...

Rediff.com23 Feb 2016

The metro line extension that will connect Rio de Janeiro's Olympic Park in Barra de Tijuca with the rest of the city is at risk of not being finished before the Games start in August

Three reasons why Sensex surged 457 points on Dec 8

Three reasons why Sensex surged 457 points on Dec 8

Rediff.com8 Dec 2016

No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative

Wall St fat cats see thin pay packets in '09

Wall St fat cats see thin pay packets in '09

Rediff.com17 Dec 2009

After extending billions of dollars to protect themselves from the economic turmoil, the US moved to arrest the trend of exorbitant pay among the nation's big entities like Citigroup, Bank of America and American International Group.

Bull run for Indian equities will continue in 2018

Bull run for Indian equities will continue in 2018

Rediff.com15 Dec 2017

Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.

Sensex zooms 440 points to end at fresh 52-week closing high

Sensex zooms 440 points to end at fresh 52-week closing high

Rediff.com30 Aug 2016

Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights

It's raining summer placements at B-schools this year

It's raining summer placements at B-schools this year

Rediff.com19 Nov 2018

Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.

TCS posts better-than-expected result; Q3 net up 11%

TCS posts better-than-expected result; Q3 net up 11%

Rediff.com12 Jan 2017

TCS said employee addition during the quarter stood at 18,362

Indian IT industry finds no mention in first US presidential debate

Indian IT industry finds no mention in first US presidential debate

Rediff.com28 Sep 2016

China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America

Joining a US college? Read this

Joining a US college? Read this

Rediff.com9 Jul 2009

USIEF last week hosted its annual pre-departure orientation programme for US-bound students.

India must stop being the West's digital colony

India must stop being the West's digital colony

Rediff.com17 Oct 2019

'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.

2015 to see lower rates to support growth

2015 to see lower rates to support growth

Rediff.com6 Jan 2015

The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet, says a Bank of America Merrill Lynch report.

Top execs of bailed-out cos to take 50% pay cut

Top execs of bailed-out cos to take 50% pay cut

Rediff.com23 Oct 2009

Cracking the whip on the practice of exorbitant salaries, the US government's pay czar has slashed the compensation of top executives by 50 per cent at seven largest bailed-out firms including Citigroup and AIG.

Trump's former lawyer sentenced to 3 years in prison

Trump's former lawyer sentenced to 3 years in prison

Rediff.com12 Dec 2018

Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.

ITeS sector wants extension of STP scheme

ITeS sector wants extension of STP scheme

Rediff.com8 Feb 2010

The IT-ITES industry is going to difficult times with the slowdown in the global economies. The volume growth is now a worry. The Companies have stopped recruiting and are sitting on a bench strength.

The 10 greenest companies in the US

The 10 greenest companies in the US

Rediff.com25 Sep 2009

Six companies led by India-origin people including banking behemoth Citigroup and soft drinks major Pepsico have been named among the greenest American companies by Newsweek magazine.

'If you are a long-term investor, this is not the time to add risk'

'If you are a long-term investor, this is not the time to add risk'

Rediff.com1 Oct 2017

Sanjay Mookim, India equity strategist at Bank of America Merrill Lynch, tells Puneet Wadhwa that this is not a time for investors to dabble in relatively small and illiquid stocks.