Feb 10, 2016 at 14:58 | Source: PTI
According to the Japanese brokerage firm, gross value added (GVA) growth has marginally undershot the RBI's 7.4 percent projection in the financial year 2015-16, supporting the case for a rate cut.
Feb 02, 2016 at 20:04 | Source: CNBC-TV18
Brokerage firm Morgan Stanley thinks of this short-term stress as a major concern for investors as it expects SBIs gross NPAs to rise by Rs 35000 crore in the second half of this fiscal.
Feb 01, 2016 at 21:13 | Source: PTI
Aon is one of the leading global provider of risk management, insurance and re-insurance brokerage and human resources solutions. Catamaran is an Indian entrepreneurial, technology and evergreen investment firm that creates, partners and funds innovative businesses globally.
Jan 29, 2016 at 13:12 | Source: Moneycontrol.com
CLSA maintains buy rating with a target of Rs 320 per share stating that credit costs drove earnings cut but valuations are attractive. The brokerage has reduced earnings forecasts for FY17-18 by 7-10 percent considering higher credit costs and states upside could arise from profit on sale of stakes in subsidiaries.
Jan 26, 2016 at 13:50 | Source: PTI
The brokerage has also revised downward its price projections for the fuel to USD 60 for 2017 from USD 70, and at USD 75 by 2018 from USD 80 noting that crude prices have halved since mid-2015 and there is no end seen for the fall yet.
Jan 21, 2016 at 11:01 | Source: Reuters
The London-based lender will close its equity research, sales and trading and convertible bond trading businesses in Asia, the memo said, leaving the bank with equity derivatives and prime brokerage services in the region.
Jan 20, 2016 at 13:00 | Source: CNBC-TV18
The brokerage has increased RIL's target price to Rs 1,270 per share post the third quarter earnings.
Jan 15, 2016 at 09:13 | Source: Moneycontrol.com
Based on continuing solid execution, Credit Suisse has upgraded the stock to outperform and increased target price to Rs 1,400 apiece (from Rs 1,175). According to the brokerage, medium-term impact on margins due to aggressive contracts is the key risk.
Jan 15, 2016 at 08:07 | Source: CNBC-TV18
Stocks likely to be in the news are: Infosys, Banks, Wockhardt, Majesco, Mahindra CIE Automotive, Bharat Forge, Motherson Sumi Systems, Max India, Cairn India, Asian Paints, Havells India.
Jan 12, 2016 at 22:10 | Source: CNBC-TV18
In Apocalypse Now, a report by Macquarie Research, the brokerage firm says that several potentially non-performing accounts are being hidden behind the screen of statutory debt restructuring (SDR) and 5/25 refinancing.