Goldman Sachs, BofA-ML cut India GDP forecast

Goldman Sachs, BofA-ML cut India GDP forecast Mumbai: Analysts at Goldman Sachs and Bank of America-Merrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic markets. The downgrades come in a tough month for Indian markets, after global risk aversion surged, exposing the country's fiscal and economic vulnerabilities. Goldman Sachs said it was cutting its gross domestic product forecast to 6.6 per...
05:24 PM, May 25, 2012

RIL's share buyback to start from February 1

RIL's share buyback to start from February 1 New Delhi: The country's most-valued firm Reliance Industries on Tuesday said its Rs 10,440 crore share buyback offer will start from February 1 and closes on January 19, 2013. In a public announcement, Reliance Industries said that the buyback which is possibly the largest such programme in the history of the Indian capital market, would start on February 1 and closes on January 19 next year (12 months from the...
11:41 AM, Jan 24, 2012

US rating likely to be downgraded again: Merrill

US rating likely to be downgraded again: Merrill New York: The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts. The trigger would be a likely failure by Congress to agree on a credible long-term plan to cut the US deficit, the bank said in a research note published on Friday. A...
07:30 AM, Oct 24, 2011

Affluent women worry about outliving money

Affluent women worry about outliving money New York: Affluent women expect to be more active than their male counterparts in retirement, but they are also more worried about outliving their money, according to a Bank of America Merrill Lynch study. The vast majority of affluent baby boomers, the more than 75 million Americans born from 1946 through 1964, believe their retirement will be more active and prosperous than that of their parents, a quarterly Merrill Lynch...
11:41 AM, Feb 01, 2011

About 300 Satyam staff join Bank of America

About 300 Satyam staff join Bank of America The employees have reportedly been given have salary hike of 10 per cent.. ...
10:37 AM, Apr 01, 2009

Next 2 years will be tough for mkts: Hemendra Kothari

Next 2 years will be tough for mkts: Hemendra Kothari Once foreign companies stabilise, they will be interested in India and China. ...
05:00 PM, Mar 19, 2009

Lehman bankrupt, B-schools get the blues | Pics: World reacts

Lehman bankrupt, B-schools get the blues | Pics: World reacts Students are worried their remunerations would be first casualty of the crisis. ...
10:53 PM, Sep 16, 2008

US stocks close with biggest fall since 9/11

US stocks close with biggest fall since 9/11 In the US, stocks plunged to new bear market lows overnight. ...
03:39 AM, Sep 16, 2008

Lehman Bros' bankruptcy could hit Indian IT cos

Lehman Bros' bankruptcy could hit Indian IT cos IT cos must have significant exposure to BFSI space to survive in the market. ...
09:48 PM, Sep 15, 2008

As world millionaire club grows, India's rich cash in

As world millionaire club grows, India's rich cash in The exclusive ‘High Net Worth Individuals’ club is fast expanding. ...
05:08 PM, Jun 28, 2007

SEBI calls for QIB data of Cairn IPO

SEBI calls for QIB data of Cairn IPO Cairn's IPO went soaring, but the way it became so caught SEBI's attention and now SEBI wants more details. ...
07:31 PM, Jan 16, 2007

India's richie-rich club is growing

India's richie-rich club is growing A growing economy and a booming equity market is a ripe combination to create new desi millionaires. ...
08:33 PM, Oct 09, 2006
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