It was a manic Monday for the Indian markets with the benchmark Bombay Stock Exchange Sensex slipping to its second biggest points' fall and the lowest since August in line with an Asia-wide slide after the Federal Reserve cut its discount interest rate at an emergency meeting and JPMorgan Chase agreed to buy sub-prime hit Bear Stearns for less than a tenth of its value last week.
"In a year dominated by political chaos and bluster, it was a rare brand of steady -- even quiet -- leadership that won the day in the business world. And no one epitomises that brand of obsessively results-driven, team-based leadership more than our new No. 1 Businessperson of the Year," Fortune said.
Chinese companies show their prowess among the world's top companies.
10 analysts estimated RIL's consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion.
DMart's everyday low pricing model is being replicated aggressively by most players (online as well offline retailers), compelling the firm to keep prices down significantly.
India funds have seen almost $1 billion of outflows in the last three weeks, says Brad Durham, MD, EPFR.
With inflation down, the government's twin deficits are largely under control.
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Microsoft Corporation on Tuesday announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
Higher growth justifies current run-up, say experts.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
The move comes within months of a crisis at JPMorgan Asset Management Company.
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
Leading share-holders called for change.
The youngest winners of the thriving tech economy, many of whom came of age during the last financial crisis, aren't often interested in the ideas that attracted clients in the past.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
The BKC commands Rs 28,000-29,000 per sq ft for office property and monthly rents are Rs 250-300 per sq ft
57-year-old Kotak is ranked 33rd in the Forbes list of 'Money Masters: The Most Powerful People In The Financial World'
Currently, 40 per cent of the front and back panel of cigarette packs is covered with warnings.
Wipro, India's third largest information technology (IT) services company, is expected to continue with its strong show during the October-December quarter of financial year 2014.
An estimated $344 billion has been illegally removed from the Indian economy between 2002 and 2011
Overseas funds have been spooked by several policy measures taken by the government in the past few years
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
The provision of consultation with the states has further created confusion on MSP
Several US businesses were hit by technological issues on July 8.
The country's biggest carmaker is now more valuable than the combined market cap of the three leading automobile companies in the country: Tata Motors (Rs 1,18,684 crore), M&M (Rs 86,336 crore) and Ashok Leyland (Rs 34,700 crore).
Till now, Jio was primarily targeting the prepaid customer base, with only a few post-paid plans. Now, it is targeting post-paid customers, who usually spend over five times their prepaid counterparts and are more company-loyal.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies.
It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.
One of the reasons is the increasing number of upgrades in analysts' recommendations.
