The trustee liquidating the assets of imprisoned scamster Bernard Madoff has sued J P Morgan seeking damages worth $6.4 billion for allegedly aiding the fraud committed by him.
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.
Stock markets are likely to remain range-bound in this holiday-shortened week amid a lack of any major domestic triggers, analysts said. Stock indices may also face volatility during the week amid the monthly derivatives expiry on Thursday. Equity markets would remain closed on Monday for Christmas.
England's stand-in Twenty20 skipper Eoin Morgan has said that his team will carry the confidence of 2-1 Test series victory over India into the two-match T20 series, commencing at the Subrata Roy Sahara Stadium in Pune on Thursday.
Ahead of the second ODI Buttler had been dismissed for five single digit scores in eight outings.
In 21 ODIs this year, Buttler has scored 747 runs at an average of 39.31 and a strike rate of over 107, with the best score of 131. He scored a century and four fifties this year in ODIs.
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.
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.
Naomi Osaka's return a boost for women's tour, says Mouratoglou
Now that Phillip Purcell has been ousted from the top job at Morgan Stanley, the chances of "executives-in-exile," including Vikram Pandit
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.
Higher valuation creation in companies beyond the top 100 has given the domestic markets a shot at a $4 trillion market capitalisation (mcap) - a club exclusive to three countries currently. On November 23, the mcap of all BSE-listed stocks finished at a new record of Rs 328.33 trillion ($3.94 trillion), despite the benchmark indices ending with losses. The mcap was propelled by gains in the broader market, including small and midcap stocks - a trend dominant this year.
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.
Morgan insisted that teams are likely to do well if they stop being over-reliant on big names and find a collective group of players can deliver.
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.
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.
Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.
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.
ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.
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.
News of all that's transpired on and off the football field
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.
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.
Apple Inc is expected to produce iPhones worth $12 billion (freight on board value) in India during 2023-24, according to discussions between the company's vendors and the government. This would account for around 12 per cent of Apple's global iPhone production-higher than the earlier plan of shifting around 9 per cent of the total to India by FY24, which is the third year of the PLI (production-linked incentive) scheme.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL), has been hitting successive all-time highs over the past three trading sessions. The rally in the scrip has helped it notch over a 21 per cent gain since the start of February, outperforming the National Stock Exchange Nifty Auto Index. The gains for the leader of small passenger cars have been more recent, as the company still trails the Nifty Auto over one- and two-year periods.
After the debacle of the first episodes of Season 6, the latter half give an even-handed treatment to intriguing not-so-well-known events of Queen Elizabeth II's reign, observes Vaihayasi Pande Daniel.
A minimum of three-match Test series and the home team footing the bill of the visiting side in a bilateral contest are some of the recommendations made by the MCC's World Cricket Committee.
After a sharp rally in the equities market this year, investors could be better off rotating some funds towards the debt market. Experts believe several tailwinds could spur bond market returns over the next 12-18 months. These include India's robust macroeconomics, declining inflation, and the imminent passive flows of close to Rs 2.5 trillion on account of domestic sovereign bonds getting included in the JP Morgan global indices.
The global investment banking major has begun the process to explore the sale of its wealth management operations in India.
Morgan Stanley draws optimism from a slew of favourable factors.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
England and Indian cricket board chiefs are in the running to succeed South Africa's Percy Sonn as president of the ICC.
The Morgan 3 Wheeler is a rider's car. It is in essence a motorcycle with an additional wheel.
The race to win the Republican nomination for the US Presidential election this November began in icy Iowa on Monday January 15, 2024, when voters picked their nominee.
