News for 'investment-banking'

IOC Should Not DIE!

IOC Should Not DIE!

Rediff.com23 Aug 2021

If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.

JP Morgan upgrades Indian mart on lower crude, weak Re

JP Morgan upgrades Indian mart on lower crude, weak Re

Rediff.com21 Jun 2012

Citing a number of factors, including historic valuations, expectations for monetary stimulus, lower oil prices, and a weak rupee, the investment bank said it is 'overweight on private banks, IT services, and health care, but is underweight on consumer discretionary, energy and materials'.

#SummerPlacements: 50% rise in finance profiles at IIM-L

#SummerPlacements: 50% rise in finance profiles at IIM-L

Rediff.com8 Nov 2017

The B-school also witnessed new roles in the domain.

Silver will fare better than gold in 2018: Goldman Sachs

Silver will fare better than gold in 2018: Goldman Sachs

Rediff.com2 Jan 2018

The underperforming metal for 2017 expected to return 17-20%

Rana Kapoor: Banker gone Rogue

Rana Kapoor: Banker gone Rogue

Rediff.com9 Jan 2021

'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.

In a way, pandemic was a boon for Indian e-commerce firms

In a way, pandemic was a boon for Indian e-commerce firms

Rediff.com1 Jan 2021

E-commerce firms like Amazon, Flipkart, Myntra and others witnessed successful festive season sales this year, Experts say e-commerce adoption in the country is accelerating by multiple years or what it would have looked like in 2025.

FPIs pull out Rs 36,221 cr from markets in 13 days

FPIs pull out Rs 36,221 cr from markets in 13 days

Rediff.com13 Mar 2020

While a coordinated aggressive monetary easing from the central banks is most likely to offer some respite in the near-term, it is unlikely to improve the sentiments.

Indian MD of New York firm dies in plane crash

Indian MD of New York firm dies in plane crash

Rediff.com21 Dec 2011

Rakesh Chawla, 36, had worked at investment bank Greenhill & Co.

Oxford Covid vaccine under lens after error: Report

Oxford Covid vaccine under lens after error: Report

Rediff.com26 Nov 2020

AstraZeneca Plc and the University of Oxford are facing questions about their Covid-19 vaccine and whether regulators would quickly authorise its emergency use after the pharma company acknowledged an error in the vaccine dosage received by some participants and other irregularities and omissions, according to the New York Times.

Complacent banks will turn dinosaurs this decade

Complacent banks will turn dinosaurs this decade

Rediff.com13 Jan 2021

In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

Barclays to slash 2,100 jobs

Barclays to slash 2,100 jobs

Rediff.com14 Jan 2009

Financial services major Barclays is to reduce its headcount by about 2,100 in investment banking and money management, as part of its cost cutting measures.The company is cutting 1,300 people from Barclays Capital, the debt-focused investment banking business, 500 from the Barclays Wealth private banking arm, and 330 in asset management business Barclays Global Investors. Overall, the cuts amount to 7 per cent of the three divisions' staff.

Barclays, BNP Paribas eye Lehman's India assets

Barclays, BNP Paribas eye Lehman's India assets

Rediff.com18 Sep 2008

Barclays and BNP Paribas are considering the acquisition of Lehman Brothers' investment banking and brokerage businesses in India.

'More people are looking at unconventional (M&A) o

'More people are looking at unconventional (M&A) o

Rediff.com2 Sep 2008

Sanjay Bhandarkar, managing director, N M Rothschild & Sons (India), believes India may see an increasing number of non-friendly deals as the markets correct themselves and valuations become more attractive.

Why analysts are not keen on these stocks

Why analysts are not keen on these stocks

Rediff.com27 Nov 2019

Some of the firms that have witnessed major drop in analysts' coverage include Dish TV, YES Bank, and JSW Energy.

IPO fundraising: A whopping Rs 25,500 crore in H1

IPO fundraising: A whopping Rs 25,500 crore in H1

Rediff.com3 Oct 2017

Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline

Citibank likely to hive off consumer banking business in India

Citibank likely to hive off consumer banking business in India

Rediff.com8 Mar 2021

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.

Asia to be fastest-growing banking hub by 2015

Asia to be fastest-growing banking hub by 2015

Rediff.com22 Dec 2011

Asia would become a major hub for corporate and investment banking in five years, according to a report released by McKinsey.

IPO market: Indian i-banks beat foreign peers

IPO market: Indian i-banks beat foreign peers

Rediff.com24 Oct 2017

Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations

Deutsche Bank is top I-bank in India

Deutsche Bank is top I-bank in India

Rediff.com25 Sep 2008

With a market share of 16.6 per cent in mergers and acquisitions and 14.2 per cent in fund raising through the equity route, the investment banking arm of the German financial behemoth has become the numero uno investment bank in the country.

Why PEs may be better source of capital for banks

Why PEs may be better source of capital for banks

Rediff.com16 Dec 2020

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.

Rogue London trader costs UBS $2 bn

Rogue London trader costs UBS $2 bn

Rediff.com16 Sep 2011

A 31-year-old staffer was arrested in the early hours of Thursday for causing a $2-billion loss to Swiss investment banking giant UBS on account of unauthorised trading at the bank's London office.

Govt may run out of bankers for NBCC issue

Govt may run out of bankers for NBCC issue

Rediff.com24 May 2011

Most of the top investment banks will be rendered ineligible to manage the coming initial public offering (IPO) of National Building Construction Corp Ltd (NBCC) if the new rules for appointment of advisors are implemented.

Chelsea owner considering sale of London club

Chelsea owner considering sale of London club

Rediff.com26 Aug 2018

Sources deny reports that the football club's Russian billionaire owner is selling the club

Govt response to the pandemic was right

Govt response to the pandemic was right

Rediff.com19 Dec 2020

The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.

EIB keen on financing solar park project in India

EIB keen on financing solar park project in India

Rediff.com4 Nov 2010

European Investment Bank has expressed interest in financing solar park projects in India, the Asian Development Bank senior investment specialist Don Purka said on Thursday.

Two years later, Lehman still haunts Wall Street

Two years later, Lehman still haunts Wall Street

Rediff.com15 Sep 2010

Investors ask if the hugely successful investment banking model can be fully repaired.

Our fundamentals are very strong: Morgan Stanley

Our fundamentals are very strong: Morgan Stanley

Rediff.com25 Aug 2010

India Investment Banking chairman V K Bansal spoke to Abhineet Kumar on various issues related to equity capital markets

Market turmoil is bad news for IPOs

Market turmoil is bad news for IPOs

Rediff.com16 Mar 2020

Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.

ICICI Pru Life IPO to open on Sep 19

ICICI Pru Life IPO to open on Sep 19

Rediff.com10 Sep 2016

ICICI Pru's IPO is being managed by 10 investment banks, including Bank of America Merrill Lynch and ICICI Securities

Lehman Brothers' legacy in Dalal Street

Lehman Brothers' legacy in Dalal Street

Rediff.com16 Apr 2010

Institutional desks of many brokerages in India are in the process of selling about Rs 2,000 crore worth of equity holding of bankrupt US investment bank Lehman Brothers Inc in some Indian companies.

How Punyakoti, Sanskrit's 1st animation film, got made

How Punyakoti, Sanskrit's 1st animation film, got made

Rediff.com19 Apr 2020

Seven years ago, Ravishankar Venkateswaran heard a story during a bus ride.

UBS has big plans in India

UBS has big plans in India

Rediff.com9 Dec 2006

We wish to build a leading investment banking set up in India.

Rs 750 to Rs 755 per share price band fixed for SBI Cards IPO

Rs 750 to Rs 755 per share price band fixed for SBI Cards IPO

Rediff.com26 Feb 2020

At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.

'Raising rates a bit won't hurt India's growth'

'Raising rates a bit won't hurt India's growth'

Rediff.com11 Jun 2010

'I think RBI has been phenomenally responsive to ensure there is ample liquidity in the system.'

Jet staring at bleak future as Hindujas, Etihad fail to ink pact

Jet staring at bleak future as Hindujas, Etihad fail to ink pact

Rediff.com24 May 2019

Both lenders and Etihad are not comfortable with the entities holding stake in Jet as they have no proven credentials in running a big business

The financial world is a dangerous place

The financial world is a dangerous place

Rediff.com1 Apr 2020

Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.

Harshad Mehta's brother, 8 SBI officials acquitted in 1992 securities scam

Harshad Mehta's brother, 8 SBI officials acquitted in 1992 securities scam

Rediff.com6 Nov 2018

Justice Shalini Phansalkar Joshi, who presides over the special court set up for cases related to the 1992 securities scam, said in her judgment last week that there was no hesitation in holding that that the prosecution had failed to prove the case beyond reasonable doubt.

Bonus season over, job churn begins at i-banks

Bonus season over, job churn begins at i-banks

Rediff.com12 Mar 2010

The churn in investment banks, though less muted than in the heydays of 2007, is gathering speed. "The pent-up desire to move is very high at the moment," says R Suresh, managing director at head hunting firm Stanton Chase.

'2009 was a good year, next will be brighter'

'2009 was a good year, next will be brighter'

Rediff.com23 Dec 2009

Vedika Bhandarkar, managing director & head of investment banking, recounts how even in a supposedly bad year, the bank raised about Rs 1,00,000 crore (Rs 1,000 billion).