Others shortlisted by the Department of Disinvestment for the NTPC offer were Deutsche Bank, SBI Capital Markets and Kotak Mahindra Capital.
Govt plans to relax air service norms, let international airlines fly any aircraft to India.
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.
Even if the economy were to get no more than meagre policy support next year, chances are that consumption will remain strong.
Tiger Woods should have been trying to keep his Masters green jacket out of the clutches of the world's top golfers over the next four days, instead he will battle his 11-year-old son Charlie for it over putting competitions. The Masters, which Woods won in magical fashion for a fifth time a year ago to claim his first major since 2008, has been postponed until November because of the coronavirus pandemic which has shut down world sport on an unprecedented scale.
A below-normal monsoon can bring down India's GDP growth by 0.50-0.75 per cent this financial year, forcing the Reserve Bank to delay rate cuts to 2015, Bank of America-Merrill Lynch (BofA-ML) said.
As tensions mount in the Gulf over Iran's nuclear ambitions, Israel is reported to have armed its new fleet of submarines supplied by Germany with nuclear tipped cruise missiles.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
"Our asset quality is sound and not a source of concern at this point. Right now, the concern is how to grow faster", says Ravneet Gill
Global sales of smartphones is likely to cross the billion-unit mark in 2014.
India imports more than it exports, so the rupee's decline will hurt more than it may help.
Ravi Narain, managing director and chief executive officer (CEO) of the National Stock Exchange, is set to take charge as chairman of the working committee of the World Federation of Exchanges.
Balgopal Athavale was startled that the day after his new business was registered, he was flooded with offers from various service providers. 'How did they know what only my wife and I knew?' he asks.
The largest German bank is facing numerous charges of defrauding its customers and contributing to the US housing market bubble by marketing complex mortgage and financial products that concealed the risks involved.
Serena Williams overpowered German Carina Witthoeft 6-2, 6-2 to set up a third-round clash with big sister Venus at the US Open on Wednesday.
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.
In the list of world's 50 biggest banks for 2012, China has six banks in top 50-the largest group from any single country, according to Global Finance.
According to the report, the average government debt levels of the top 10 emerging market economies, including China, Russia and Indonesia, has halved to 25 per cent, from 50 per cent of GDP since 2000.
Romanian fifth seed Simona Halep advanced to the third round of the U.S. Open with a 6-3 6-4 win over Lucie Safarova on Thursday in the first full match played under a closed roof at Arthur Ashe Stadium. The $150 million retractable roof was installed ahead of this year's tournament and guaranteed there would be at least some action on a muggy and overcast Day Four at the year's final grand slam.
Deutsche Bank's new co-CEO Anshu Jain has voiced his support for German Chancellor Angela Merkel's austerity drive to tackle the euro zone debt crisis.
'I know earlier in the tournament I said something in kind of a bad way and now I'm saying it in a good way: That it's because of your energy that I'm in the final'
Man of many faces, Medvedev now a Grand Slam finalist
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
This high-speed train is expected to offer a direct service from London to Frankfurt from 2013.
Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.
Pierre-Hugues Herbert and Nicolas Mahut became the first all-French duo to win the U.S. Open men's doubles title after easing past Britain's Jamie Murray and Australian John Peers 6-4, 6-4 on Saturday.
Indian real estate saw 14 such private equity (PE) exits, worth $457 million (around Rs 2,285 crore) in 2011. Of these, promoters bought out existing PEs or other financial sponsors in eight deals, according VCCEdge, the research platform of VCCircle.
In many parts of central and north India, monsoon reaches only in July.
A four-member panel of secretaries is likely to submit its report on a new gas pricing mechanism to the government by Wednesday.
'India has become cricket's biggest commercial market in the last 15 years and unfortunately their present board is using this financial clout to play politics, particularly with Pakistan,' says former International Cricket Council president Ehsan Mani.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Indians are increasingly rising to the top of global corporate ladders and just 10 of them are together managing business worth over $400 billion -- an amount nearly double the total exports from India in a year.
Jain, 48, currently the head of Deutsche Bank AG's investment banking division in London was named co-chief executive of Germany's largest lender.
Foreign institutional investors have offloaded shares worth nearly Rs 3,000 crore (Rs 30 billion) in 23 Indian companies, such as mortgage lender HDFC and Bombay Dyeing, among others, so far in 2011.
Sweden has the world's highest negative rate.
Amid concerns over a slowdown in economic expansion, a research report has said that a fall in the growth rate to 7 per cent could drag the stock market benchmark Sensex to as low as 14,500 points by next fiscal.
Medvedev whips Dimitrov to enter US Open final
A clash of generations will decide the US Open on Saturday with Serena Williams taking a fourth crack at Grand Slam history against teenager Bianca Andreescu, who was not even born when the American lifted her first Flushing Meadows trophy.
The loans are backed by a government guarantee.
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