There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
UBS reduced its Nifty target to 8,600 by December from 9,200.
Of the group's net profit, about Rs 900 crore was contributed by the bank's operations, which grew 33 per cent from Rs 700 crore a year earlier.
Steel Authority of India Ltd is poised to outpace its metal sector rivals, including private players giants like Tata Steel and Hindustan Zinc on the stock market radar going forward, the analysts believe.\n
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
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.
Anil Ambani group may soon be rubbing shoulders with the likes of HDFC and ICICI Bank in the consumer loan business and the foray could give the group a return of more than 20 per cent in the next 3-4 years.
Investment banking sources said Reliance had made its desire clear to be a global petrochemicals major.
During the current financial year, 25 companies have raised Rs 28,220 crore through IPOs
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
After jumping from 129th in 2005 to 2nd in 2006 and to numero uno this year, Google, the most popular search engine is now the most popular place to work for MBA students, thus ending McKinsey & Company's 12-year reign.
The world's leading funds and financial institutions have invested in Unitech Corporate Parks Plc, the company that the Unitech Group floated last week at the London Alternative Investment Market.
Kiran Kumar Kavikondala, Director, WealthRays Group will talk on investments in equity shares.
The race for acquiring India's third largest mobile services provider Hutch, has hotted up with Reliance Communications backed by an US equity funder
Neotel, South Africa's second fixed line operator, intends to re-finance the debt with a long-term facility after 12 months.
India's track record of over-promising and under-delivering also leaves plenty of room for doubt.
Kiran Kumar Kavikondala, Director, WealthRays Group will talk on investments in equity shares.
Vallabh Bhansali-controlled Enam Financial Consultants, one of the leading home-grown investment banks in India, is learnt to be in talks with JP Morgan for a strategic alliance.
New York-based investment bank Virtus Global Partners said on Monday the firm is in talks with Indian companies to help them acquire nine US firms mainly in IT, pharma and automotive sectors this year.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Less than a month after five financial institutions sold 20 per cent in the National Stock Exchange, a consortium of five stakeholders led by State Bank of India are looking to sell an 11 per cent stake in the exchange.
US-based global investment banking major Goldman Sachs on Tuesday said it would invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
which currently does an average daily turnover of Rs 8,000 crore (Rs 80 billion) - almost twice that of the Bombay Stock Exchange - has been valued at $2.5 billion.
Goldman Sachs has emerged from the market bust as a trading colossus. New Chief Lloyd Blankfein must fuel growth -- and avoid an unforeseeable blowup.
China spends seven times more on infrastructure than India.
China spends seven times more on infrastructure than India.
As part of its expansion drive in the high-potential Indian financial services market, Barclays Bank plans to pick up a 10 per cent stake in asset reconstruction company, ARCIL, from domestic banking major ICICI Bank.\n\n
A large number of Indian companies are vying to list their shares on foreign exchanges, particularly in the US, on the back of the successful listing of BPO major WNS on the New York Stock Exchange.
Morgan Stanley Real Estate on Wednesday announced that it has invested Rs 300 crore (around $68 million in Mantri Developers Private Ltd, a private Bangalore-based real estate developer.
Citigroup Inc yesterday announced its decision to slash 17,000 jobs.
Mobile companies are now gearing up even faster to get a slice of the Indian telecom market by offering the latest technology, design and the lowest pricing to woo Indian consumers.
ICICI Bank, the country's second largest bank, is planning a $1 billion overseas syndicated loan. This is the third time in four months that the bank will tap the overseas market for funds.
Lines up seven OFS issues along with half a dozen IPOs for the next few months
Figures sourced from the IIMC placement cell say that 32 top investment banks and consultants are recruiting for summer jobs this year. They have already signed up most of the batch.