American brokerage Morgan Stanley on Thursday slashed its Sensex target for the next 12 months to 18,200, citing weakening macro fundamentals of the economy.
Eoin Morgan led England to victory over his native Ireland in his first match as captain of his adopted country on Thursday, in a rain-affected 50 overs match. Man-of-the-match Morgan scored 59 in England's 201 for eight while Jonathan Trott collected 69. Ireland, who defeated England in their last one-day match at the World Cup this year, replied with 117 for eight, and lost by 11 runs on the Duckworth/Lewis method.
England batsman Eoin Morgan has been ruled out of the cricket World Cup because he requires surgery on a broken finger, coach Andy Flower said on Tuesday. He will be replaced by Ravi Bopara in the squad for the February 19-April 2 tournament in India.
The outcome of the general elections, the Morgan Stanley note says, has enough firepower to sway the markets on either side.
Eoin Morgan was named on Sunday in England's squad for the first Test with Sri Lanka, getting a surprise nod ahead of Ravi Bopara to replace the recently retired Paul Collingwood in the middle order.
Morgan Stanley says the Indian market's performance would depend on policy action.
Mexico's Oribe Peralta and Alex Morgan of the United States were named winners of the inaugural CONCACAF Male and Female Player of the Year awards on Friday.
Morgan Stanley, which separated from its Indian partner Nimesh Kampani's JM Financial, has poached four senior executives including managing director of investment banking V K Bansal, from its erstwhile partner.
England held their nerve to beat Australia by five runs in a thrilling finish to a one-off Twenty20 international on Monday.
Rohit Sharma scored his third T20I hundred as India chased down 199 with seven wickets in hand to pocket the three-match series 2-1.
India is facing a challenging situation, where growth rate has slowed down significantly, yet inflation levels remain high. Early revision of policy rates would raise the risk of renewed currency depreciation pressures.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
The ECB chairman will succeed acting ICC president Ray Mali till 2010 after a compromise deal struck with BCCI president Sharad Pawar.
Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed sources. These numbers were part of an internal review meeting between founder Ritesh Agarwal and senior management earlier this week, where he spoke about the company's profitability trajectory and growth in business.
Statistical highlights of the one-off Twenty20 international between India and England at Edgbaston in Birmingham on Sunday.
England's World Cup opener is only two days away, but captain Eoin Morgan will delve into the past for inspiration to reverse his poor batting form and help his team cope with their demons facing Australia on home soil.
Get your low down on what's happening in the world of Hollywood, right here!
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
The England ODI captain has made himself available for the IPL Players' Auction on February 16.
Sharad Pawar had no objection to John Howard's nomination as ICC Vice President but the support for the former Australian Premier started diminishing in the last week which led to his rejection, former ICC chief David Morgan said on Friday.
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.
Manvinder Bisla and Eoin Morgan provided a lifeline to defending champions Kolkata Knight Riders as the home team cruised to a comfortable six-wicket victory over Kings XI Punjab in a Pepsi Indian Premier League match at the Eden Gardens on Friday.
Eoin Morgan struck a brilliant unbeaten century to lead England to a four-wicket victory over Australia in the first One-day International on Tuesday.
The US economy could show resilience around the second or third quarter on the housing front, which will increase chances of rate hikes
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 mulling an initial public offering (IPO) for its Indian arm to raise around $3 billion (at a valuation of up to $30 billion), and talks are in the early stages between the company and bankers, banking sources revealed. Hyundai Motor India Ltd (HMIL), however, declined to comment on the development.
Morgan Stanley plans high-level management changes, which includes finance chief Colm Kelleher and veteran banker Paul Taubman taking charge of the company's institutional securities unit.
Amidst strong opposition from the African bloc, John Howard's ambition to become ICC president got a boost on Friday with President-elect Sharad Pawar backing the process of his nomination. Pawar and current president David Morgan issued a joint statement, saying they support the process for nominating the Presidency and Vice-Presidency of the ICC, agreed some two years ago.
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 fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.
Liverpool's slim Premier League title hopes faded further on Saturday when Michail Antonio's late header earned West Ham United a deserved point with a 2-2 draw.
Eoin Morgan has kept his place in the England squad for the first Test against Pakistan at Trent Bridge starting on Thursday, edging out Ravi Bopara despite his back-to-back centuries in a recent game with Yorkshire.
As the lead underwriter responsible for Facebook's IPO, Morgan Stanley, would receive the largest chunk of those profits arising from stabilising Facebook's stock price, the report said citing a person familiar with the matter.
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
The bank adds it expects Modi to fight inflation through administrative measure
The move indicates that Morgan Stanley would keep a watch on its risk-taking ability a year after the global financial meltdown.
Even if oil prices were to fall, it would have no real impact on the Indian consumer
Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
Alastair Cook has been dropped from the England squad for next year's 50-over World Cup in Australia and New Zealand with Eoin Morgan taking over as captain, the England and Wales Cricket Board (ECB) confirmed on Saturday.
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