Increasing spending by India's middle class, which some estimate is over 300 million-strong, will propel growth in the country's real estate sector from the current $12 billion to $45-50 billion by 2010, a study said.
I would say don't look at the market because fundamentally our economy is good and one has to see the economic story of the country and not only the market.
With consumer preferences swiftly shifting to cars, the two-wheeler market is expected to decelerate in two or three years, after a dream run of over a decade.
Leading Israeli IT company, Ness Technologies, has submitted a prospectus to the US Securities and Exchange Commission for launching its initial public offer to raise capital for investments in India.
With $110.8 billion in equity and long-term debt, Morgan Stanley is the world's largest securities firm, according to the Institutional Investor magazine's annual capital position rankings.
Real estate, infrastructure, BPOs and telecom are likely to be the major sectors that will be going for fund raising.
The net proceeds of the fund raising will be used to repurchase certain equity shares issued to Tata Motors and for general corporate purpose.
A jury has convicted a former Enron Corp executive and four ex-Merrill Lynch & Co officials in the first criminal prosecution arising from the accounting fraud that led to the collapse of the energy trader.
Oracle Global (Mauritius) along with Oracle Corporation has made an open offer to acquire 20 per cent equity of i-flex Solutions.
Valuations are not exactly cheap and there are global factors, which are probably not conducive to a very strong bull market rally
Greece's financial crisis has intensified.
Despite volatile markets and the collapse of the technology bubble, the South Asian community in the United States -- especially Indians -- continues to grow and build wealth, according to a study released by Merrill Lynch on Tuesday.
Amidst a slew of favourable factors, stocks of retailing majors like Shoppers' Stop and Pantaloon Retail have appreciated between five to a whopping 73 per cent since the start of 2005.
Warburg Pincus group and associates are making an open offer to the shareholders of Max India Ltd to acquire additional 20 per cent stake in the company for Rs 200 per share payable in cash.
Merrill Lynch said on Wednesday it was upbeat on Asian equities this year because strong domestic demand would boost corporate earnings growth, with India, Thailand, Australia, China, and South Korea offering the best value.
Lead managers to the ensuing public issue of Oil and Natural Gas Corporation have agreed not to charge any commission on participatory notes aimed at attracting large foreign investors as part of its underwriting agreement.
It is not just the pink papers reporting that foreign financial entities (GE Money, Goldman Sachs and Merrill Lynch to name a few) are showing interest in Indian banking sector
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
Petronet LNG Ltd, which completed construction of India's first LNG import terminal at Dahej in Gujarat, announced on Monday that it will float an initial public offering of 26.10 crore
Bullish on the market, fund managers have pegged economic growth at 6-7 per cent this fiscal with interest rates likely to remain moderate, the rupee emerging stronger and the Sensex crossing 7000.
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