Moody's said the negative outlook reflected uncertainty over the refinancing of Macrotech's (formerly Lodha Developers) upcoming debt maturities.
Regardless of recent reforms, international investors are still bearish on India.
The global investment banking major has begun the process to explore the sale of its wealth management operations in India.
Low-cost airline Air Deccan has appointed three investment banks to advise the company on its initial public offer and a final decision on the matter would be taken in the next couple of months, Capt. G R Gopinath, managing director said in Chennai.
Biotech company denies all charges.
Jain did not want to financially burden the bank with his own, personal decision to quit
The investment bank also says no ministries were merged even as some ministers were given more than one portfolio.
The growth will be driven by favourable external demand and domestic structural reforms push.
According to the global investment banking major, the RBI will continue to gradually shift its focus to reviving growth from exclusively fighting inflation since 2010 and is likely to cut rates in June by 25bp, and by 50bp in March 2014 quarter.
A megacity is a metropolitan area with a total population of over 10 million people.
From audit and taxation to investment banking, the realm of options for CAs has only widened over the years.
While the fresh issue portion of IPOs has been going down over the years, this financial year has been abysmally low at only Rs 2,663 crore, 82 per cent lower compared to the last financial year.
The rupee has been on northward-ho since July, after hitting a life-time low of 57.13 mid-June. Since the beginning of the year, the local currency has gained over 7 per cent, and still it is down 18 per cent from its pre-August 2011 highs.
'When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?' asks Tamal Bandyopadhyay.
Set up by three former NDTV executives, the company is targeting premium restaurants in Delhi-NCR
SBI has hired six global giants -- Citigroup, UBS, Barclays Bank, Deutsche Bank, Bank of America Merrill Lynch and JP Morgan -- for the sale of dollar-denominated bonds, they added.
Indian equities to invest in the more profitable north-east Asian markets till mid-2011, Australian investment bank Macquarie said.
Bank would exit from cash equities, corporate broking, equity capital markets, and mergers and acquisitions businesses.
Rohit Gadia, who built a Rs 13-crore company in four years, speaks about how he converted his passion into a profitable business venture.
The investment banking major has hiked its FY'14 CAD forecast to 4.3 per cent of GDP from 3.8 per cent with slowing global recovery likely to delay export turnaround.
China's growth model is based on the oldest rapid economic growth hormone available: debt.
As the US government intensified its crackdown on corporate fraud, America's leading investment banks and brokerage houses have announced they will pay a hefty fine totalling $1billion to settle allegations of conflicts of interest.
Also to be questioned under oath by lawyers of the SEC and Gupta is Greg Ormond of Exemplar Wealth.
The results are likely to please the Indian government, which has been trying to impress on domestic and foreign investors about its efforts to improve the ease of doing business.
Gaurav Deepak has raised funds for about 100 new-age entrepreneurs.
The world's largest mobile operator by revenue has begun the year on a bold note, backing the initial public offer plans of its Indian unit and sources say the ball has already been set rolling.
However, it could still take many years before the 161-year-old Lehman, once a poster-boy of the US markets, could regain its lost glory.
In fact, the companies have already raised $8.9 billion even before this year-end as against $9 billion raised last year, says Dealogic.
According to sources familiar with the developments, the bank may sell more than Rs 3,000-crore (Rs 30-billion) worth of retail assets in India comprising mortgage loans, personal loans and loans to small businesses.
The FDI floodgates have opened mega opportunities for not only brick-and-mortar retailers, but for their virtual peers as well.
Budget may bring exemption for those backed by Indian securities other than shares
The job cuts comes in the wake of the banking sector, especially investment banking activities, facing difficult times amid the persisting European debt turmoil.
Back- and middle-office positions that support trading functions and provide technology services will be cut
The Burman family is in talks to buy less than 26 per cent stake in Espirito Santo India.
RBI has directed the bank to revise the accounting scheme and the deal structure.
Sources familiar with the developments said the clearance came a few days earlier. While the details of the revised structure were not known, the sources said it would remain an all-stock deal.
The EU's assistance comes as part of its 'strategic partnership' with India and will be made available by the European Investment Bank to ICICI Bank in the first-ever cooperation between the two financial institutions.
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