Fed is expected to deliver a more market-neutral statement
India funds have seen almost $1 billion of outflows in the last three weeks, says Brad Durham, MD, EPFR.
Chairman of Bajaj Auto, Rahul Bajaj says that if he becomes a member of the Rajya Sabha he will not be a silent spectator.
The government is willing to increase its contribution to the subsidy bill on retail sale of oil products
There are only two seasons in the stock market, one is bullish and one is bearish.
The Securities and Exchange Board of India is working on building a strong business platform for scalability and improving the quality of intermediaries, Chairman G N Bajpai said on Saturday.
'I think it is more of an uncertainty and panic at the moment, instead of pure investment decisions.'
According to Nipun Mehta of Unitis Tower Wealth Advisors, the poison seems to have gone out of the market. But he sounds concerned over the kind of retail investment that is coming into the market.
DLF will use its IPO proceeds in part to acquire land, complete on-going projects and retire debts.
Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
The much-awaited TCS IPO opened on Thursday, to a lukewarm response. The offer has been subscribed 91.08 per cent on the first day, and most bids are at Rs 775.
The head of the global merger management practice at McKinsey & Company, Clay Deutsch, takes us behind the scenes of some of India's biggest deals and tells you why deals succeed or fail, because 70% of all deals fail.
Rajan said India's good economic fundamentals would allow it to overcome any 'sharp corrections' in global markets
Taking to Twitter, he claimed to be the number one on Facebook, citing a remark of Mark Zuckerberg, co-founder and Chief Executive Officer of the social media company. This is not the first time that the US President has claimed to be the number one and Prime Minister Modi number two on their popularity on Facebook.
Bhanu Baweja of UBS believes that the rupee is not far from touching 38-38.50 per dollar levels. He says the rupee will continue to be used as a tool to contain inflation.
The total revenue in the September quarter grew 14.5 per cent to Rs 3,451 crore
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
CK Narayan of ICICI Securities says that the Sensex could dip to 9,000 levels by December.