The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
ISB students were invited to ring closing bell at Nasdaq.
Mohun Bagan Day has been celebrated since 2001 on July 29 to commemorate the club's historic victory over East Yorkshire Regiment in the IFA Shield Final on this day in 1911.
Wang ranked second on the list this year, with a fortune of 145 billion yuan.
Shares in English soccer giant Manchester United wavered in volatile trading on the Frankfurt Stock Exchange on Monday, following media reports that the club was set to replace its manager with former Chelsea boss Jose Mourinho.
He topped the list with a personal fortune of $4 billion.
Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). At the end of the first six months (H1) of CY23, 78 per cent of the active large-cap schemes were ahead of the Nifty50 index funds as against just 26 per cent in 2022. When compared to the Sensex index funds, 61 per cent active funds have delivered better returns, shows an analysis of Value Research data.
Hexaware Technologies Ltd announced on Wednesday a new location for its asset management and capital markets practice at Manhattan, New York.
It is also going for 9.5 per cent stake sale.
In the city to lead India's 70th Independence Day celebrations, M J Akbar called terrorism a major threat to human rights.
The five per cent stake acquisition would be subject to statutory approvals and respective board approvals, the company added. Earlier, Deccan Chronicle was reported to be in the lookout for selling 5 to 8 per cent in Sieger Solutions, the owner of the Deccan Chargers IPL team to a strategic investor.
In 2010, Kraft Foods had acquired British candy maker Cadbury in a deal worth close to $19 billion.
Colgate-Palmolive, New York has sold off 10.94 per cent stake in its Indian subsidiary to its Singapore-based unit Colgate Palmolive (Asia) Pte Ltd.
India's business process outsourcing major EXL Service has cut down the size of its proposed initial public offer on the Nasdaq Stock Exchange by 20 per cent
He said the government has already begun implementing tax reforms.
'Hackers from China and UK were involved in the October 12 power outage,' Maharashtra power minister tells Rediff.com.
Nike has been present in India since 1996.
In My Name Is Khan, directed by Johar, SRK plays Rizwan Khan, a man with a form of autism that makes him a much misunderstood person. The 9/11 events indirectly affect millions of people across the globe, and Rizwan is one of them.
Here's a first look of the grand event.
United said it would rebook flights for affected passengers without charge
Forex dealers attributed the fall to increased demand for the dollar.
He now owns textile and auto parts plants worldwide
UTV Software Communications Ltd and its animation division, UTV Toonz, has entered into an animation deal worth $10 million with New York-based BKN New Media Inc.
Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
Adani Group is expected to report a 20 per cent rise in its earnings before interest, tax, depreciation, and amortisation (Ebitda) at Rs 61,200 crore for the year that ended in March 2023 (2022-23, or FY23), according to a note submitted by the group to lenders recently. The group had earned Ebitda of Rs 57,299 crore in the preceding financial year that ended in March 2022 (2021-22). The group's gross debt was Rs 2.27 trillion as of March 31, 2023, and has projected to not take on additional debt until it lowers its existing one.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The Dow has never lost more than 800 points in a day.
John Bogle figured that cheap mutual funds, which just mirrored indices with little tracking error, would be a useful vehicle for wealth creation, recalls Devangshu Datta.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Attracted by what he calls a highly lucrative market for long-term investors, an Indian American has launched a private investment partnership to trade stocks of small- and medium-sized Indian companies that offer abundant investment opportunities.
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
A French court recently sentenced Mohammad Niaz Abdul Rasheed, an Indian national, to eight years in prison for criminal conspiracy.
Along with India's Consul General Dnyaneshwar Mulay.
Manchester United expect profits to fall back from last season's record levels after the club splashed out on new players to try to regain its place in Europe's soccer elite.
News of all that's transpired on and off the football field
US fast-food giant McDonald's Corp has ended its 41-year-long Olympic Games sponsorship deal three years early, the International Olympic Committee said on Friday.
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