Breaking the vault: Will MSCI grant HDFC Bank access?

HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......

19% of global fund managers bullish on India; Japan most preferred: BofA

Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). Illustration: Dominic Xavier/Rediff.com A total of 249 panelists with......

Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

HPCL, BPCL, IOCL: Here's why Morgan Stanley thinks OMC stocks can flare up

Stocks of Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Limited (IOCL) have more headroom left despite the sharp run in the......