News for 'Wall Street'

Sibal gets nostalgic over years spent in US

Sibal gets nostalgic over years spent in US

Rediff.com14 Oct 2011

Apparently Human Resources and Development Minister Kapil Sibal -- the Harvard-educated, erstwhile Wall Street lawyer -- still occasionally pines for the United States, going by his waxing nostalgic for the opportunities America afforded him during the time he spent in Cambridge, Massachusetts and the Big Apple.

What do super-rich Americans own? Nearly the whole country!

What do super-rich Americans own? Nearly the whole country!

Rediff.com12 Oct 2011

Rich are increasingly accumulating a greater share of the national wealth.

Facebook IPO: Morgan Stanley makes $100-mn profit

Facebook IPO: Morgan Stanley makes $100-mn profit

Rediff.com24 May 2012

As the lead underwriter responsible for Facebook's IPO, Morgan Stanley, would receive the largest chunk of those profits arising from stabilising Facebook's stock price, the report said citing a person familiar with the matter.

India an important strategic partner of US: Ami Bera

India an important strategic partner of US: Ami Bera

Rediff.com20 Nov 2012

California-based physician Ami Bera, the third Indian American to get elected to the United States House of Representatives, has termed India as an important strategic partner of the US. Bera asserted that New Delhi should continue with its strategic partnership with Washington and the country should remain a market destination for US goods and services.

Citi shareholders oppose $15mn payout for Pandit

Citi shareholders oppose $15mn payout for Pandit

Rediff.com18 Apr 2012

The vote came at Citi's annual shareholder meeting held in Dallas on Tuesday.

Mystery behind J P Morgan's China deals being probed

Mystery behind J P Morgan's China deals being probed

Rediff.com14 Nov 2013

US authorities are investigating J P Morgan's hiring practices in China as part of a wider bribery probe

Bo scandal takes new turn; murdered Briton M16 spy

Bo scandal takes new turn; murdered Briton M16 spy

Rediff.com6 Nov 2012

China's intriguing scandal relating to Bo Xilai took a new turn with revelations that Briton Neil Heywood murdered by the expelled Communist Party leader's wife was a spy working for British secret service - MI6.

Hackers to shut down Internet on Saturday?

Hackers to shut down Internet on Saturday?

Rediff.com31 Mar 2012

"Operation Global Blackout 2012 looks to shut down the internet for a whole day on Saturday by disabling its core DNS servers, making websites inaccessible," Noble said in New Delhi.

Sharif vows 'warmer ties' with India

Sharif vows 'warmer ties' with India

Rediff.com13 May 2013

Nawaz Sharif, poised for a record third term as Pakistan Prime Minister after his party's emphatic win in the landmark general elections, has vowed to pursue better relations with the US while seeking "warmer ties" with India.

New Citigroup chief Corbat to take home $1.5mn base pay

New Citigroup chief Corbat to take home $1.5mn base pay

Rediff.com17 Oct 2012

The salary is however lower than Pandit's, whose base pay touched $1.75 million in 2011.

Polls to help economy grow by 6.4%: Goldman

Polls to help economy grow by 6.4%: Goldman

Rediff.com19 Apr 2013

On Thursday, the UN pegged the calender 2013 growth at 6.4 per cent, while the ADB last projected that the domestic economy would reach 6 per cent in the current fiscal.

Yahoo result: Revenue disappoints as display ads dive

Yahoo result: Revenue disappoints as display ads dive

Rediff.com17 Apr 2013

Yahoo Inc's first quarter revenue fell short of Wall Street targets, as the Internet company continued to feel the effects of declining traffic to its Web properties and of falling display advertising sales.

Look what's trending on TV!

Look what's trending on TV!

Rediff.com28 Oct 2017

These are the television shows that will crackle and pop a lot longer than anything you'll get your paws on.

Sensex plunges 634 points; Nifty cracks below 11,350

Sensex plunges 634 points; Nifty cracks below 11,350

Rediff.com4 Sep 2020

Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Tata Steel, SBI, NTPC, Bharti Airtel, ITC and ICICI Bank.

'Proud to be your partner': US hails India on Chandrayaan-3

'Proud to be your partner': US hails India on Chandrayaan-3

Rediff.com24 Aug 2023

Mainstream American newspapers, many of which had been sceptical of India's space mission and sometimes even made fun of it through cartoons, noted the great Indian achievement.

Rajaratnam's brother pleads not guilty to charges in US

Rajaratnam's brother pleads not guilty to charges in US

Rediff.com26 Mar 2013

The younger brother of jailed hedgefund manager Raj Rajaratnam Monday pleaded not guilty at a US court to charges of conspiring in an insider trading scheme to cheat on Wall Street and earn nearly $1.2 million illegally.

Cadbury gets tax notice for 'phantom factory'

Cadbury gets tax notice for 'phantom factory'

Rediff.com6 Mar 2013

After Vodafone and Shell, it seems to be the turn of Cadbury.

Iconic photos trace amazing history of Kodak

Iconic photos trace amazing history of Kodak

Rediff.com6 Jan 2012

Kodak is prepairing to file for bankruptcy.

Trump catches up with Hillary; trails by just a point in latest poll

Trump catches up with Hillary; trails by just a point in latest poll

Rediff.com31 Oct 2016

Democratic presidential candidate Hillary Clinton holds a slim lead over her Republican rival Donald Trump, a new poll shows just over a week before the epic United States presidential election.

2 Indians selected as Yale World Fellows

2 Indians selected as Yale World Fellows

Rediff.com27 Apr 2011

Monika Halan is editor of Mint Money, India's second-largest business newspaper, which has an exclusive partnership with the Wall Street Journal.

Budget a test for govt, says Goldman Sachs

Budget a test for govt, says Goldman Sachs

Rediff.com20 Feb 2013

The Budget will be keenly watched (to see) whether there is a credible plan for reducing the fiscal deficit and whether populist measures can be avoided before the 2014 general elections," the Wall Street firm said in a note.

Dell to go private in landmark $24.4 billion deal

Dell to go private in landmark $24.4 billion deal

Rediff.com6 Feb 2013

Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny.

'Hillary Clinton could announce presidential bid by 2014'

'Hillary Clinton could announce presidential bid by 2014'

Rediff.com1 Feb 2013

Stepping down as the top American diplomat at the height of popularity, Hillary Clinton could announce her 2016 presidency bid by 2014, a media report said on Friday.

Analysts greet BlackBerry launch with downgrades

Analysts greet BlackBerry launch with downgrades

Rediff.com31 Jan 2013

Despite recent enthusiasm for RIM's new BB10 devices, we see limited scope for traction in the hyper-competitive smartphone market.

Pakistan was consulted before fatal NATO hit: Report

Pakistan was consulted before fatal NATO hit: Report

Rediff.com2 Dec 2011

Did the Pakistani officials mistakenly sanction the deadly NATO strike on their own border outposts killing 24 soldiers? According to a Wall Street Journal report, that is what happened on the fateful Saturday.

Facebook's IPO by Apr-Jun 2012

Facebook's IPO by Apr-Jun 2012

Rediff.com29 Nov 2011

Facebook, which has about 800 million users worldwide, is currently in 'internal discussions' with US regulator Securities and Exchange Commission regarding the timing of its initial public offering, the Wall Street Journal quoted people familiar with the matter as saying.

Lacklustre markets end flat

Lacklustre markets end flat

Rediff.com28 Jan 2013

BSE market breadth was positive. Out of 2,972 stocks traded, 1,203 shares advanced while 986 shared declined in trades.

Fire from Pak side provoked NATO strike: Afghan officials

Fire from Pak side provoked NATO strike: Afghan officials

Rediff.com28 Nov 2011

The North Atlantic Treaty Organisation and Afghanistan forces came under fire from across the Pakistan border before they called in a deadly air strike on two Pakistani military posts that left 24 soldiers dead, media reports quoted Afghan and western officials as saying.

Apple silences critics; sells over 3 crore iPhones in June quarter

Apple silences critics; sells over 3 crore iPhones in June quarter

Rediff.com24 Jul 2013

It went up 51 per cent in third quarter compared to last year.

US tightens drone strikes in Pakistan: Report

US tightens drone strikes in Pakistan: Report

Rediff.com4 Nov 2011

In secret concessions to Pakistan, the US has tightened rules on drone strikes inside the country, apparently making them more selective as part of efforts to shore up its fragile relationship with Islamabad.

Rajat Gupta convicted on insider trading charges

Rajat Gupta convicted on insider trading charges

Rediff.com15 Jun 2012

Rajat Gupta, one of the most successful Indian Americans on the Wall Street, was on Friday found guilty of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam, in one of America's biggest insider trading cases.

US probing Morgan Stanley mortgage deal

US probing Morgan Stanley mortgage deal

Rediff.com12 May 2010

US federal investigators are probing whether investment banking major Morgan Stanley misled investors about mortgage-derivative deals, says a media report.

Billionaire's prison pay: 17 cents an hour cleaning toilets!

Billionaire's prison pay: 17 cents an hour cleaning toilets!

Rediff.com14 Oct 2011

He might have presided over assets worth billions of dollars, but Raj Rajaratnam will have to work for 12 to 17 cents an hour cleaning the kitchen or the toilet in prison.

Meet 5 highest paid CEOs of the US

Meet 5 highest paid CEOs of the US

Rediff.com22 May 2012

For the fifth year, the Wall Street Journal partnered with Hay Group, a global management consulting firm, on its annual survey of CEO Compensation.

Sensex rallies 504 points; Nifty reclaims 11,800

Sensex rallies 504 points; Nifty reclaims 11,800

Rediff.com3 Nov 2020

ICICI Bank was the top gainer in the Sensex pack, soaring over 6 per cent, followed by SBI, HDFC, PowerGrid, Sun Pharma, IndusInd Bank, Titan, Bajaj Auto and HDFC Bank. On the other hand, NTPC, Reliance Industries, Nestle India, HCL Tech and Infosys were among the laggards.

America's fastest-changing cities

America's fastest-changing cities

Rediff.com25 Feb 2009

Residents in these 10 spots are experiencing the most economic upheaval.

India willing to talk Kashmir with Pakistan: Mathai

India willing to talk Kashmir with Pakistan: Mathai

Rediff.com12 Apr 2012

India is willing to advance its peace talks with Pakistan and discuss the Kashmir issue, but the main stumbling block is Islamabad's failure to clamp down on militant groups, Foreign Secretary Ranjan Mathai has said.

Both sides of Atlantic braced as Fergie rumours snowball

Both sides of Atlantic braced as Fergie rumours snowball

Rediff.com8 May 2013

Tuesday's opening bell at the New York Stock Exchange will not only kick off a day of trade on Wall Street, it may also herald the end of an era at Manchester United, who are rumoured to be on the brink of announcing manager Alex Ferguson's retirement.

Putin's alleged girlfriend faces EU sanctions: Report

Putin's alleged girlfriend faces EU sanctions: Report

Rediff.com7 May 2022

Alina Kabaeva was first linked to Putin more than a decade ago, while she was a medal-winning gymnast.