Ashishkumar Chauhan says that the exchange is seeking a valuation of about $1 billion.
Burj Khalifa is currently the tallest structure in the world, at a height of 829.84 metres (2,723 ft).
According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.
Fiscal cliff top concern and emerging markets a preferred region for investing, findings suggest.
The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.
The rupee on Tuesday fell to a two-month low of 54.78 against the US dollar.
According to the financial services major, FY13 Sensex EPS has been downgraded from Rs 1,510 to Rs 1,175, and FY14 Sensex EPS is likely to be downgraded to below Rs 1,300.
According to the global investment banking major, the RBI will continue to gradually shift its focus to reviving growth from exclusively fighting inflation since 2010 and is likely to cut rates in June by 25bp, and by 50bp in March 2014 quarter.
Expectes RBI Governor to announce 0.25 per cent rate cut.
Banks' loans are set to grow at the slowest pace in a decade this financial year, as companies continue to shy away from borrowing in the current uncertain macro-economic environment.
According to a research report by Bank of America Merrill Lynch, despite better rains the growth forecast for this fiscal is likely to be around 5.6 per cent.
Monsoon session of Parliament expected to be stormy and likelihood of GST Bill and Land Bill getting passed are slim
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
However, the American brokerage said it continues to expect the Reserve Bank to cut policy rates by 25 bps on January 29.
The rise in the toasted category of high networth individuals in the country is getting affected in the 'high inflation, slow growth' scenario being witnessed at present, a top official of Merrill Lynch Wealth Management said in Mumbai on Thursday.
The report also said that the domestic currency was likely to trade weak in the near future.
Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar online transaction platforms. Dhruv Munjal traces the birth of this used-cars platform.
Goldman cut India's growth estimates to 6.6 per cent from 7.2 per cent for the fiscal year ending March 2013, while BofA revised its forecast to 6.5 per cent from 6.8 per cent.
The investment banking major has hiked its FY'14 CAD forecast to 4.3 per cent of GDP from 3.8 per cent with slowing global recovery likely to delay export turnaround.
According to BofA-ML, lead indicators still point to six months of pain and it is not until the March quarter that growth is expected to recover to 6.5 per cent levels.
These investments will be targeted at petrochemicals, exploration and production and telecom businesses.
From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.
In the mid-quarter review on December 18, the Reserve Bank left key policy rates unchanged but said it will hike interest rates if inflation does not subside.
Foreign institutional investors have offloaded shares worth nearly Rs 3,000 crore (Rs 30 billion) in 23 Indian companies, such as mortgage lender HDFC and Bombay Dyeing, among others, so far in 2011.
From working in a Japanese restaurant to heading F&B services for a five-star chain of hospitals, and judging culinary championships, Chef Randy Chow has had diverse experiences in the field. Now, heading the faculty team At-Sunrice GlobalChef Academy, Singapore, Chef Randy shares his recipe for the creation of a top chef.
Home prices in Mumbai are headed for a sharp correction, while others may remain stagnant due to rising unsold stock, says a report from Bank of India Merrill Lynch.
Greece's financial crisis has intensified.
Oracle plans to hire 3,500 people by may 2012. Merril Diniz of Careers360 tells you what you need to know to land a job at Oracle India.
The number of dollar-millionaires in India surged to a record high of 1.53 lakh (153,000) in 2010, making the country's high net worth individual (HNI) population 12th largest across the globe, as per a global study.
Rising risk levels in emerging markets and the recovery of the global market is prompting investors to shift their investments to developed markets.
Reliance has significant investments in telecom, consumer retail and media businesses in India.
A deal with Gamesa seen valuing firm at $3 billion.
JPMorgan, Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley, as well as Britain's Asia-focused Standard Chartered said they would try to support London's financial sector
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.
Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
Value deals are available at Rs 2-10 lakh, giving investors an opportunity to make some good buys.
Among the Gulf countries, only the UAE saw a slump in its millionaires' club, a decline attributed to the collapse of Dubai's real estate market, which eroded house prices by more than 60 per cent.
Global financial majors, who until recently viewed India as a safe investment decision, are having second thoughts.
RBI's previous monetary policy was announced on September 29.
DE Shaw, a global private equity (PE) and hedge fund company, is close to acquiring a 14.2 per cent stake in New Delhi Television (NDTV) for Rs 70 crore (Rs 700 million).
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