The cuts represent roughly 6% of its institutional securities unit - which includes sales, trading and investment banking, sources say.
'Our two (spinners) bowled well but in hindsight, probably should have bowled Moeen in our innings with the way spin was playing.'
The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.
Anil Ambani-led company Reliance Communications appointed JP Morgan as the merchant banker on Monday to look for strategic buyers for its wholly-owned tower subsidiary Reliance Telecom Infrastructure Ltd.
England captain Eoin Morgan recorded his highest one-day score on Tuesday with 124 not out to help his team to a six wicket victory over his native Ireland in a one-day international in Dublin.
The US-based firm has marked down the value of Flipkart for the sixth time, the latest at a time when it has been struggling to raise funds at a valuation higher than or equal to $15.2 billion.
England and Wales Cricket Board chairman David Morgan is set to take over as next president of the International Cricket Council in 2008, according to BBC.
In September, the headline inflation accelerated to a seven-month high of 6.46 per cent, while the retail inflation quickened to 9.84 per cent.
Steve Waugh, who captained England to the World Cup triumph in 1999, says Eoin Morgan's side is one of the best one-day teams he's seen and would compete against anyone of the previous eras.
England will adopt a positive approach and cast off the shackles at the World Cup under new skipper Eoin Morgan, coach Peter Moores said on Tuesday before the squad flew out to Australia.
According to Morgan Stanley, high government deficit and strong growth in rural wages (which is growing at around 20 per cent year-on-year for last three years) are key factors keeping inflation expectations high.
Financial services company Morgan Stanley's Asia chief Stephen Roach is more bullish on Indian economy than China.
The outcome of the general elections, the Morgan Stanley note says, has enough firepower to sway the markets on either side.
England's Eoin Morgan plundered 125 not out for his maiden Test century to help dig his team out of trouble and steer them to 331 for four at stumps on day one of the first Test with Pakistan on Thursday.
Eoin Morgan feels that England have enough variation and quality in their bowling attack to trouble the star-studded India batting line-up in the upcoming four-Test series beginning at Lord's next week.
Eoin Morgan's brilliant unbeaten 89 led England to a 15-run victory over Australia in an entertaining first one-day international at Lord's on Friday.
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.
The deal underscores a growing trend of consolidation in Asia's wealth management industry.
Three senior executive of JP Morgan Chase & Co's are expected to leave over the US-based global banking giant's over USD 2 billion loss on derivative trades, says a media report.
England could hardly have made a worse start to the sport's most important tournament, losing by 111 runs to Australia last weekend and then suffering an embarrassing eight-wicket loss to New Zealand on Friday.
Domestic markets may see the return of retail investors finally as earnings from equities have turned positive in recent months, brokerage firm Morgan Stanley said.
Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.
What was intended to be a fun challenge, turned out to be an unmemorable one, with Piers Morgan ending up with a broken rib.
Shares of One97 Communications (OCL), which provides financial services under the brand 'Paytm', and has a banking arm Paytm Payments Bank (PPBL), hit the 5 per cent upper circuit at Rs 428.10 on the National Stock Exchange (NSE) in Monday's (February 26) intraday trade. The up move in the stock on Monday came after the Reserve Bank of India (RBI) asked the National Payments Corporation of India (NPCI), in post stock market hours, to look into the possibility of migrating PPBL customers, using the UPI handle '@paytm', to four-to-five other banks.
England's limited overs captain Eoin Morgan sees the upcoming three-match ODI series against India as a formidable challenge and expressed happiness at the quality of the teams his side will face in the two warm-up games in Mumbai, on Tuesday, and on January 12.
Former England captain Nasser Hussain believes experienced all-rounder Ben Stokes made the "right decision" to withdraw from the T20 World Cup.
India's aviation industry is not moving towards profitability any time soon
Classy centuries from captain Eoin Morgan and Joe Root propelled England to a seven-wicket victory over New Zealand.
Mahendra Singh Dhoni has played a huge role in getting his players in the Chennai Super King camp to perform and they will miss the talismanic skipper once he hangs up his boots, says former England captain Eoin Morgan.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.
It has also reduced its year-end target for the BSE benchmark Sensex by 15 per cent to 18,850.
The Sensex is down by nearly 22 per cent from an all-time high of 21,206.77 points scaled on January 10, 2008.
Eoin Morgan played a captain's knock, as England outplayed a listless India in all departments and record a crushing seven-wicket victory in the first T20 International to take a 1-0 lead in the three-match series.
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
According to Morgan Stanley, this December should prove 'good for bulls'.
English skipper Eoin Morgan expressed disappointment in the manner his side surrendered in the tri-series final to Australia by 112 runs but said that they will come back stronger in the World Cup beginning on February 14.
Global investment bank Morgan Stanley today named P Jayendra Nayak, the former chairman and chief executive officer of Axis Bank, as its new chief executive and country head for India. Nayak, who will replace Narayan Ramachandran, is slated to join on April 5.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Wants to jointly develop the office space at Bandra-Kulra Complex.
