News for 'investment-banking'

World's major banks find themselves in new trouble

World's major banks find themselves in new trouble

Rediff.com3 Jul 2013

European Commission charges follow a two-year investigation.

Why Deutsche Bank's little jewel in India was spared the axe

Why Deutsche Bank's little jewel in India was spared the axe

Rediff.com6 Nov 2015

Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.

'RBI to lower key rate by 0.75% this fiscal'

'RBI to lower key rate by 0.75% this fiscal'

Rediff.com5 Apr 2013

According to the global investment banking major, RBI will increasingly switch to supporting growth from exclusively fighting inflation.

Indian stock market unattractive for investors: Goldman

Indian stock market unattractive for investors: Goldman

Rediff.com14 Jun 2012

The Indian stock market does not present attractive prospects for investors in the near term amid sluggish domestic and global economic growth outlook, according to Goldman Sachs.

Goldman to invest $1 bn in India

Goldman to invest $1 bn in India

Rediff.com17 Mar 2006

Goldman to invest $1 bn in India

An expert's advice on how India can attract more FDI

An expert's advice on how India can attract more FDI

Rediff.com28 May 2019

India is in favourable position to attract foreign firms planning to relocate their manufacturing bases due to trade tension between the US and China, says Nomura.

Essar may take 83% in Suez Steel

Essar may take 83% in Suez Steel

Rediff.com6 Sep 2006

Overseas sovereign bonds are happening, but in tranches

Overseas sovereign bonds are happening, but in tranches

Rediff.com2 Aug 2019

An official said that people in the government were aware of the benefits as well as the drawbacks of issuing overseas sovereign bonds, and there will be consultations with all stakeholders.

Why Nirav Modi reminds me of Nick Leeson

Why Nirav Modi reminds me of Nick Leeson

Rediff.com1 Mar 2018

Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.

Citi expects Sensex to hit 33,000 by Dec 2015

Citi expects Sensex to hit 33,000 by Dec 2015

Rediff.com1 Dec 2014

Global investment firm Citigroup is bullish on Indian equity markets.

Essel Group enters i-banking, PE space

Essel Group enters i-banking, PE space

Rediff.com31 Dec 2012

Sets up new financial services arm, Amit Goenka joins as CEO.

Indian stock market among 4 most inexpensive in Asia

Indian stock market among 4 most inexpensive in Asia

Rediff.com5 Mar 2013

Wipro and HCL Technologies among its top picks.

Why markets remain unfazed despite GDP shocker

Why markets remain unfazed despite GDP shocker

Rediff.com19 Dec 2019

Hopes of revival and earnings growth in 2020, surprise tax cuts, and robust foreign flows - thanks to easy global monetary policies - are a few reasons why the markets have managed to digest the low GDP footprint. Select bluechips such as Reliance Industries, Bajaj Finance, Asian Paints, and ICICI Bank have gained sharply this year. On the other hand, YES Bank, Zee Entertainment, and Indiabulls Housing have seen a sharp fall.

Financial services firms may raise record Rs 1.2 trn via QIPs

Financial services firms may raise record Rs 1.2 trn via QIPs

Rediff.com19 Jul 2019

In the past few months, 45 companies have signalled their intent to raise money through the institutional placement route.

Why India's economic growth will pick up in 2013

Why India's economic growth will pick up in 2013

Rediff.com7 Dec 2012

A decline in oil prices, improving demand situation in abroad markets and structural reforms at home will help Indian economy regain its high growth trajectory in the coming years, according to US investment banking giant Goldman Sachs.

What Telecom Man reveals about India's business-politics links

What Telecom Man reveals about India's business-politics links

Rediff.com16 May 2020

'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.

Optic fibre deal win-win for RIL, RCOM: Analysts

Optic fibre deal win-win for RIL, RCOM: Analysts

Rediff.com3 Apr 2013

A number of investment banks in their research reports on Wednesday hailed the deal, saying it was strategic in nature for both cash-rich RIL and debt-laden RCOM.

Chanda Kochhar to be re-appointed on ICICI Securities' board

Chanda Kochhar to be re-appointed on ICICI Securities' board

Rediff.com31 Aug 2018

She received nearly 97.7 per cent of the votes in favour of her re-appointment, while nearly 2.32 per cent votes were cast against her

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.

Morgan Stanley cuts 1,600 jobs as business languishes

Morgan Stanley cuts 1,600 jobs as business languishes

Rediff.com10 Jan 2013

The cuts represent roughly 6% of its institutional securities unit - which includes sales, trading and investment banking, sources say.

Govt to miss its fiscal deficit target in FY14: Goldman

Govt to miss its fiscal deficit target in FY14: Goldman

Rediff.com1 Mar 2013

Says fiscal trajectory has changed for the better over the past months.

Oct-Dec growth may be 'under-recorded': Credit Suisse

Oct-Dec growth may be 'under-recorded': Credit Suisse

Rediff.com1 Mar 2013

It doesn't point out weakness that is being reported.

RBI gives flexibility to banks for equity investment

RBI gives flexibility to banks for equity investment

Rediff.com16 Sep 2015

Banks were earlier required to get a prior approval of the RBI for such investments which are subject to prudential limits.

Goldman Sachs sees Nifty at 6,600 pts by 2013-end

Goldman Sachs sees Nifty at 6,600 pts by 2013-end

Rediff.com30 Nov 2012

Financial major Goldman Sachs on raised the Indian stocks to "overweight" from "market-weight" and said the NSE Nifty will scale the 6,600 level by December 2013, on the back of growth recovery and moderation in inflation going forward.

Morgan Stanley CEO Purcell quits

Morgan Stanley CEO Purcell quits

Rediff.com14 Jun 2005

Will Vishal Kampani become India Inc's best friend?

Will Vishal Kampani become India Inc's best friend?

Rediff.com5 Aug 2016

Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.

Sensex to hit 28,000 by December: Deutsche Bank

Sensex to hit 28,000 by December: Deutsche Bank

Rediff.com16 May 2014

Deutsche Bank raised its December 2014 target for the BSE Sensex to 28,000 points, saying shares were about to enter "a structural bull market" after the Bharatiya Janata Party and its allies resoundingly won the country's elections.

BofA Merrill turns positive on Indian banks

BofA Merrill turns positive on Indian banks

Rediff.com8 Jan 2013

BofA Merrill also upgrades its price objectives for private banks, retaining ICICI Bank Ltd as its top pick, and HDFC Bank Ltd and Axis Bank Ltd as its 'preferred' names.

'Modest revival in economy in 2013'

'Modest revival in economy in 2013'

Rediff.com2 Nov 2012

According to the research report by the investment banking major, economic activity levels remain weak in the country, particularly investment demand, as demonstrated by still 'anemic' order inflows and project starts.

Cooling inflation gives leeway to RBI: Morgan Stanley

Cooling inflation gives leeway to RBI: Morgan Stanley

Rediff.com11 Mar 2013

Says that inflation is pushed up because welfare schemes.

FII holding in Indian companies near record high

FII holding in Indian companies near record high

Rediff.com30 Oct 2012

The aggregate value of overall FII holding is an estimated $240 billion.

Shanghai Fosun to buy Gland Pharma for $1.4 billion

Shanghai Fosun to buy Gland Pharma for $1.4 billion

Rediff.com27 Jul 2016

The founders of Gland Pharma, led by Ravi Penmetsa, and KKR, together own 96 per cent of the company.

IndiGo heads towards $400 million IPO as air travel booms

IndiGo heads towards $400 million IPO as air travel booms

Rediff.com27 Mar 2015

IndiGo heads towards $400 mln IPO as air travel booms.

JP Morgan to hire 4,500 in India

JP Morgan to hire 4,500 in India

Rediff.com5 Dec 2005

The plan is the most ambitious move by an international investment bank to take advantage of the low cost of highly educated staff in India.

JPMorgan to cut up to 17,000 jobs by end of 2014

JPMorgan to cut up to 17,000 jobs by end of 2014

Rediff.com27 Feb 2013

The bank sheds staff to help it deal with bad home loans.

Gold leasing norms could hit Titan, says Citi

Gold leasing norms could hit Titan, says Citi

Rediff.com22 Dec 2012

RBI capped the gold lease period at 90 days under the direct import route.

'Jet, Spicejet to return to profitability by next fiscal'

'Jet, Spicejet to return to profitability by next fiscal'

Rediff.com6 Aug 2012

The American investment bank also upgraded the stocks of both these companies to 'buy' from 'underperform', saying improving industry trends such as signs of ticket price hikes and reduced capacity will improve profitability.

HSBC plans to set up NBFC

HSBC plans to set up NBFC

Rediff.com12 Jul 2005

Barclays to axe 3,700 jobs in strategic overhaul

Barclays to axe 3,700 jobs in strategic overhaul

Rediff.com12 Feb 2013

Seeks to cut 1.7 billion pounds in annual costs and improve standards.

India's long-term growth potential rate is 7 pc: Goldman

India's long-term growth potential rate is 7 pc: Goldman

Rediff.com6 Feb 2013

This could be higher if reforms continue.