News for 'Bank of America'

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

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.

Post Corona: Welcome to the Same Old World

Post Corona: Welcome to the Same Old World

Rediff.com23 May 2020

'And as we sit (or sleep) out the nightmare, there is feverish speculation about what the post-Corona world might look like,' mulls Hasan Suroor.

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

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

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.

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.

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.

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.

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

RIL can become 1st Indian firm to hit $200 bn m-cap

RIL can become 1st Indian firm to hit $200 bn m-cap

Rediff.com16 Oct 2019

Reliance has significant investments in telecom, consumer retail and media businesses in India.

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.

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.

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.

Emmy 2019: Jodie Comer, Game Of Thrones win

Emmy 2019: Jodie Comer, Game Of Thrones win

Rediff.com23 Sep 2019

The 71st Emmy Awards have been announced, and there have been quite a few surprises and some expected nods.

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.

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%

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 to make jobs programmes work

How to make jobs programmes work

Rediff.com28 Nov 2018

A breakthrough will come from what we teach and how, says Ajit Balakrishnan.

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

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.

'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.

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.

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.

Congress abusing my mother as it lacks strength to fight me: Modi

Congress abusing my mother as it lacks strength to fight me: Modi

Rediff.com24 Nov 2018

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.

BofA ML sees Sensex earnings per share at Rs 1,260 in FY14

BofA ML sees Sensex earnings per share at Rs 1,260 in FY14

Rediff.com3 Jul 2013

According to the foreign brokerage major, after two quarters of 'near-zero' growth aggregate headline profit for Sensex companies, it is expected to show a weak recovery.

Is this the best time for Amazon, Verizon to invest in Voda Idea?

Is this the best time for Amazon, Verizon to invest in Voda Idea?

Rediff.com11 Sep 2020

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.

Jio, FB set new benchmark for remote negotiations

Jio, FB set new benchmark for remote negotiations

Rediff.com22 Apr 2020

For last two months, much of the discussion, a large part of due diligence, agreement negotiations, etc, have happened remotely.

'It was a vision document, not a Budget'

'It was a vision document, not a Budget'

Rediff.com11 Jul 2019

'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.'

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.

Indo-US partnership will help world bounce back from COVID-19 crisis: Modi

Indo-US partnership will help world bounce back from COVID-19 crisis: Modi

Rediff.com23 Jul 2020

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.

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.

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.

Wait for stability, experts tell investors

Wait for stability, experts tell investors

Rediff.com13 Feb 2016

Analysts expect the indices to dip further if the global macros do not stabilise

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.

The Work From Home Revolution

The Work From Home Revolution

Rediff.com25 Aug 2020

Will it trigger a social and management revolution as well, asks Ajit Balakrishnan.

Is India's economy crashing?

Is India's economy crashing?

Rediff.com3 Jan 2020

'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.

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.

'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.