Experts say foreign investor sentiment was bolstered by the US Federal Reserve's decision to go slow with interest rate hikes and hopes of political stability.
East Bengal on Wednesday appointed Subhas Bhowmick as coach for the remaining of the 2008-09 season which will see the club compete in the final leg of the I-League.
The throat swab of the 52-year-old non resident Indian, who died in a hospital in Kerala's Kollam district on July 1, was found to be negative for H1N1 flu, putting to rest fears that his death may have been due to swine flu. Deceased Stanley Pelis, who arrived in Kerala two weeks ago from the United Kingdom, had died of viral pneumonia, said director of Health Services Dr K Shyalaja.The patient, who hails from Kollam, was suffering from viral fever,she said.
It is possible to calm the waters, but it'll mean unlearning our post-Depression lessons
'India has got a large collection of world-class companies, extraordinary entrepreneurs, well-developed markets and an educated workforce that will act in its favour. What's been missing between this micro and macro is political impetus to reforms. The recent election changes the prospects for reforms,' says Stephen S Roach, chairman, Morgan Stanley Asia.
Foreign investors, according to them, will now wait-and-watch how the economy takes shape in the backdrop of doubts over monsoon, interest rate trajectory and other global events such as the US - China trade war.
Malaysia's Nicol David celebrates her ninth year as world squash No 1 this week.
Irked by the team's failure to retain the Federation Cup and a string of poor performances in the first-leg of the I-League, East Bengal on Wednesday decided to remove coach Stanley Rozario with former coach Subhash Bhowmick likely to be his successor.
Foreign institutional investors were the major sellers on the Indian bourses in the last six months, accounting for total outflows of Rs 62,000 crore (Rs 620 billion).
Michael Essien is poised to make a first international appearance in more than two years after being named as a surprise inclusion in Ghana's squad for a key World Cup qualifier against Zambia next month.
Morgan Motor has banked on sleek designs and small production for a century.
But Citi's woes might call for more visionary and charismatic leadership than he can offer.
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
A good wealth manager is as important as a right mix of asset allocation in creating wealth in your lifetime.
The Indian equity market has once again demonstrated its high beta characteristic in bear markets. The fundamental underpinning to this high beta status in bear markets is India's dependence on global financial markets to fund its macro -- more than three-fourths of the flows into India come from portfolio sources (which are linked to global financial market outcomes) -- quite the opposite of the emerging markets average.
Among key guidelines, the e-commerce companies will also be required to ensure that personally identifiable information of customers are protected.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
They fell from some of the most powerful positions on earth.
Less than three weeks after the curbs on participatory notes, overseas investors are rushing to invest in the booming Indian stock markets directly by applying for Foreign Institutional Investor licences.
Who knows when the top chief executives will once again get the fat bonuses they were used to? The last recession provides a hint.
As the deadline for withdrawal of nominations for the Rajya Sabha biennial polls ended on Wednesday evening, legislative secretaries of the respective states announced its elected members. There were no surprises, with most seats assigned to the nominees unopposed.
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
J M Morgan Stanley Pvt Ltd said ECE Industries Ltd will buy back 14,33,278 shares of face value of Rs 10 each or 25% at Rs 30 per share totaling Rs 42.998 million from the open market.
Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax bill, as part of an offering by the social network of 70 million Class A common shares.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India.
The list of contenders for this job include Vikram S Pandit, currently Citigroup's investment banking head and a former Morgan Stanley investment banker, and Shaukat Aziz, formerly the bank's global private banking business head and most recently the prime minister of Pakistan, according to various media reports.
'This Ram Navami -- the birth anniversary of Lord Ram -- presents the majority community an opportunity to shed its minority complex and offer an olive branch and discrimination- free society to the minority,' suggests Colonel Anil A Athale (retd).
The team will play three ODIs as part of Israel's 60th anniversary celebrations. The Israel Cricket Association will field an 'Israel Invitation XI' consisting of prominent international players of Jewish extract from around the world.
Morgan Stanley, which separated from its Indian partner Nimesh Kampani's JM Financial, has poached four senior executives including managing director of investment banking V K Bansal, from its erstwhile partner.
From Brian Lara to Virat Kohli, Ben Stokes to Steve Smith, the ICC Under-19 Cricket World Cup has never fallen short of showcasing cricket's brightest young stars. More than 30 years have passed since the world's top talents first announced themselves on the big stage, with the 1988 Youth Cricket World Cup a ground-breaking step in bringing ability to the fore.
India's world No. 21 Dipika Pallikal beat the United States' Olivia Blatchford 13-11, 11-6, 11-9 in 35 minutes to enter the women's semi-finals in the San Francisco Open squash tournament, a PSA World Tour event.
A summary of sports events and persons who made news on Sunday.
Mumbai-based property developer Oberoi Constructions, led by billionaire Vikas Oberoi, is planning a Rs 4,000 crore ($1 billion) initial public offer by year end. Vikas Oberoi, also known as Vikki Oberoi is at the 707th slot in the Forbes annual list of billionaires with a wealth of $1.7 billion.
After having raised Rs 20,000 crore by selling NFOs, mutual funds are now likely to turn buyers. A slew of funds, including Morgan Stanley ACE Fund, Birla Sun Life Pure Value Fund, Mirae Asset India Opportunities Fund Standard Chartered Fund closed recently. Mutual funds launch NFOs to raise money since the mutual fund penetration in India is low. Most mutual funds expect redemptions on account of advance tax provisioning that corporate houses do at this time of the year.
'2018 has seen a bi-polar market.' 'Thanks to gains in some key stocks, market returns are positive. But there has been huge wealth destruction in the small and mid-cap space.'
India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Experts say a lot of new wealth is being generated by promoters selling their stake.
The award is constituted in the memory of Prince Mahidol, the father of King Bhumibol Adulyadej of Thailand.
