Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
As the rupee breached the 57-level against the dollar on Friday, Deutsche Bank said the fall is temporary and it was not worried about outlook of the Indian unit which is likely to bounce back in second half of 2013.
Spend more and earn more seems to be the mantra for credit card companies.
Market regulator Sebi has barred 197 foreign funds, including those managed by global financial conglomerates like HSBC, Deutsche Bank and Standard Chartered, and 342 sub-accounts from further trading in stock market.
Sandeep Dasgupta of Deutsche Bank believes that Bank of Japan's rate stance has been along expected lines. Dasgupta does not expect Bank of Japan to up rates before Q4CY06, early 2007.\n
India's largest power generation company National Thermal Power Corporation on Tuesday embarked upon a major overseas fund raising exercise and decided to establish medium term note programme of $1 billion.
Regular recruiters such as Deutsche Bank, HSBC Global Research, Standard Chartered Bank, Axis Bank, Yes Bank, FuturesFirst, Johnson and Johnson, ITC, Deloitte Innovation, Knightfrank, Larsen and Toubro, Jindal Steel and Power Corporation, Infosys and CTS among others continued their relationship with the institute this year also.
India and China will escape the downturn that other countries in the world are expected to face.
India-born Anshu Jain, who heads global markets division of German banking giant Deutsche Bank, has been named as the second most influential person in Europe for the third year in a row.
A four-member panel of secretaries is likely to submit its report on a new gas pricing mechanism to the government by Wednesday.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
Rally restricted to big stocks; FIIs have hit investment caps in many large companies.
These include Goldman Sachs, HSBC, UBS, Deutsche Bank, Barclays, RBS, Citigroup and JP Morgan and they have said in their respective regulatory filings that they are cooperating with the relevant authorities in the investigations.
Headhunters said the demand for foreigner CEOs is coming from companies that have developed a global footprint and sectors which do not have enough talent in the country -- hospitality, insurance, retail and power, for instance. They are meant to fill a need gap and are not just trophies on display.
Forget Starbucks coming into India. Witness the expansion of Caf Coffee Day, which is set to mushroom across the country.
Top consulting firms like McKinsey and Co, and Bain and Co along with others in the investment banking industry, such as Goldman Sachs and Deutsche Bank, have extended fulltime offers to students who interned at IIM-A.
While the media is still rife with speculation if Anshu Jain will make it as the CEO of Deutsche Bank just because he doesn't speak German we asked Get Ahead readers about the role a foreign language plays in boosting one's career. Three readers, Surbhi Jayaswal from Switzerland, P K Vijayasarathy from Mumbai and Nagasairam of Newgen Software Tech, strongly feel that knowledge of foreign language is essential for a career boost.
Business is down to such an extent that last year these firms could not even meet RBI's capital norm of Rs 50 million for partnerships and Rs 100 million for public and private firms in this line of business.
Capital infusion of $30 bn over two years needed amid high dividend payouts and impairment ratios.
In an effort to stem a possible counter-bid by China's Sinopec and others, ONGC Videsh Ltd, the overseas exploration subsidiary of state-owned Oil and Natural Gas Corporation, has through its advisor Deutsche Bank approached the large institutional investors of Imperial Energy to acquire their holdings.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
Five years after its investment, private equity major Carlyle Group may exit a quarter of investment in mortgage lender HDFC Ltd.
Vodafone appointed to its board on Thursday a former group managing director at HTIL's parent company Hutchison Whampoa.
Big TV is also in talks with other private equity majors, though these are at preliminary stages, to raise funds. The exact quantum of funding to be raised from Carlyle would depend on the 'promises' by players, he said. The company is also in discussions with major players like The Blackstone Group, Providence and Kohlberg Kravis Roberts for raising funds.
Strong response from institutional buyers has prompted the promoter family of India's largest real estate company DLF to raise the shareholding it had put up for sale from 100 million shares or 6 per cent to 168 million shares or nearly 10 per cent to raise Rs 3,850 crore from qualified institutional investors, including foreign investors.
Even as four students turned down lucrative offers from Deutsche Bank to start their own venture, at least two more are set to follow suit.
Like the US, India too has a sub-prime market and it is booming. The success of early entrants like Citi Financial and GE Money has encouraged several others to enter the consumer lending business, nearly half of which is a sub-prime market.
Even as several SEZs are struggling to get off the ground, the Mahindras have managed to kick off their second SEZ at Jaipur, after their first one in Chennai.
India's leading corporate houses like Mahindra & Mahindra, Hindustan Construction Company, HDFC, Deutsche Bank and a few others have joined hands to help re-building work skills for the hearing-impaired, who are otherwise healthy and normal but rema
If there is a will, there is a way. That is what a tiny non-governmental organisation, which has its office atop a public toilet in a Mumbai suburb, has proved it by winning the 2007 Urban-Age Award. The Triratana Prerana Mandal (TPP) at the Milan shantytown shared the Rs $ 100,000 award with the high-profile Mumbai Waterfronts Development Centre.
S Ramadorai, Tata Consultancy Services CEO, been selected the Business India Businessman of the Year 2004.
Factbox on Fiji's Vijay Singh, who replaced Tiger Woods as world number one after winning the Deutsche Bank Championship on Monday.
