No 'triple bagel' but Djokovic thumps Mannarino to reach quarters
England could lose the right to host the twenty20 World Championship next year if it continues to deny visas to Zimbabwe Cricket Union (ZCU) officials, ICC president-elect David Morgan has warned.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
News of all that's transpired on and off the football field
''The outcome of the state polls may lead to some strategy-related permutations and combinations and the markets may extrapolate it to the likely outcome in the general elections.'
The board of directors of JM Financial, which met on Thursday, approved a proposal, in-principal, to separate from Morgan Stanley in the joint ventures for investment banking and securities broking business.
Six years after being told he had six months to live Michael Soper is in line to land the top job in English cricket.
He also called for tough and effective reforms so that when such mistakes happen, they are modest in size and the financial system can handle them well.
The stock market barometer the Sensex is set to touch 19,000-mark by June from the present 17,500 levels, in spite of the decline in the overall business confidence, says a JP Morgan survey.
Now that Phillip Purcell has been ousted from the top job at Morgan Stanley, the chances of "executives-in-exile," including Vikram Pandit
Financial services giants Goldman Sachs and Morgan Stanley are said to be the front-runners for the role of lead investment banker in Facebook's much-awaited blockbuster initial public offering next year, a media report said.
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India recently. While most are refraining from any knee-jerk reaction to the central bank's surprise open market operation (OMO) announcements, they are taking a re-look at the duration of their schemes. Sandeep Yadav, head of fixed income at DSP Mutual Fund, said it has trimmed the duration of some schemes, considering the hawkish stance by the RBI.
The International Cricket Council has unveiled a mesmerising promo video for the coming marquee event, enlisting Kolkata Knight Riders Co-Owner Shah Rukh Khan as its captivating narrator.
Manchester United climb into sixth place with 3-0 West Ham win
Former skipper Nasser Hussain said reliance on statistics rather than reading the conditions has led to England's downfall in World Cup 2023.
Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed. Going ahead, the trajectory of FPIs' investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, associate director - manager research, Morningstar Investment Adviser India, said.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
The London-based investment Group J P Morgan has ranked Unit Trust of India's (UTI) IT-Fund as the number one among the Indian country funds over the last five years.
Tottenham Hotspur beat Nottingham Forest 2-0 away with goals by Richarlison and Dejan Kulusevski for a second straight win that nudged them closer to the Premier League top four on Friday although they had midfielder Yves Bissouma sent off late on.
According to the Associated Press, the Oscar-winning actor lost control of his car, which then flipped several times over. Following the accident, the actor, who is said to be in a serious condition on Monday, was airlifted to the Regional Medical Center in Memphis, Tennessee.
'Higher inflows into these securities should lead to lower borrowing costs for the government.'
But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.
England batsman Eoin Morgan is set to undergo shoulder surgery and will miss the upcoming one-day international tour of India, the England and Wales Cricket Board said on Friday.
England stand-in skipper Eoin Morgan is backing Kevin Pietersen to help turn around his side's fortunes in the second Twenty20 international against New Zealand.
The troubled financial services major Citigroup's deal to sell its brokerage unit to Morgan Stanley is expected to bring about $4 billion tax revenue to the US government.
The report expects the inflation framework, fiscal consolidation, infrastructure spending, FDI focus and strong external affairs policies to continue.
JP Morgan Chase & Co plans to set up an offshore research department in Mumbai, in Wall Street's newest effort to lower costs in the face of weak equities business and a stricter regulatory environment.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
Morgan Stanley draws optimism from a slew of favourable factors.
The global investment banking major has begun the process to explore the sale of its wealth management operations in India.
The Reserve Bank of India's latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its 'eCOM' and 'Insta EMI Card' products may not have serious implications on the non-banking finance company's profitability, provided the ban is lifted within six to eight weeks, analysts said. "In a surprise move, the RBI has asked Bajaj Finance to stop sanction and disbursal under two of its digital lending products. "While the move is negative, the speed of correction will be key to reinstate products," global brokerage Jefferies said in a report.
Indian equity markets have a limited upside potential in the near-term as they negotiate the ensuing cyclical slowdown, wrote analysts at Nomura in a recent coauthored report led by Saion Mukherjee, their managing director and head of equity research for India. He, however, believes that the foundations are in place for sustainable growth over the medium-to-long term, and hence suggests a 'buy on dips' strategy to equity investors. As an investment strategy, Nomura prefers domestic-oriented sectors and companies over exporters, and prefers stocks that provide valuation comfort. Industrials and banks are their overweight sectors, while IT services and consumer discretionary are their underweight sectors.
The Morgan 3 Wheeler is a rider's car. It is in essence a motorcycle with an additional wheel.
Two whole-time directors KVS Manian and Shanti Ekambaram of Kotak Mahindra Bank are in the race for the post of managing director and CEO, the position vacated by Uday Kotak last week. Kotak stepped down as MD and CEO of the bank effective September 1, 2023, four months ahead of his term was to end. The RBI will soon decide on Kotak's replacement as the new MD and CEO of Kotak Mahindra Bank, as the new person has to take charge on or before January 1, 2024.
The stock of Dixon Technologies (India), the country's largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per cent. The gains came following reports that Dixon will produce laptops in India in partnership with US and Chinese firms under the production-linked investment (PLI) scheme. It recently signed an agreement to make smartphones for Xiaomi India.
Eoin Morgan vowed not to make too many changes from Alastair Cook's tenure as captain.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances