May 27, 2016 at 14:50 | Source: PTI
Ranked 7th, HDFC is the only Indian company in top-ten in this category, where others include Capital One, Visa and MasterCard.
May 26, 2016 at 20:02 | Source: PTI
Union Bank of India on May 26 said its net profit declined by 23 per cent to Rs 1,356.44 crore for the year ended March 2016
May 26, 2016 at 15:47 | Source: Moneycontrol.com
There's been a lot of talk around whether or not Britons will vote to stay in the European Union. Brexit, as it is called, will have repercussions on the UK, the EU as well as emerging markets like India. The referendum is set for June 23. Here is a look at how it would play out and what impact, if any, it would have on countries and currencies.
May 26, 2016 at 10:43 | Source: Moneycontrol.com
Morgan Stanley has an overweight rating on the stock with an increased target price of Rs 1596 per share factoring in a rise in market multiple. The brokerage firm is impressed by L&T's step-up in execution in India, with domestic revenues (excluding services business) moving up 15 percent year-on-year.
May 25, 2016 at 17:39 | Source: Moneycontrol.com
Morgan Stanley has upgraded the stock to equal weight from neutral. It has a target price of Rs 530 per share as outlook for telecom business is improving, and worst in earnings downgrade cycle appears to have passed.
May 25, 2016 at 16:32 | Source: Moneycontrol.com
ICICI Direct is bullish on City Union Bank has recommended buy rating on the stock with a target price of Rs 118 in its research report dated May 24, 2016.
May 25, 2016 at 10:43 | Source: CNBC-TV18
The global macro worries have been a persistent problem for India's pick-up. The Fed rate hike is looming and so is the Brexit threat, says Dipen Sheth, Head-Institutional Research at HDFC Securities. He also likes Cholamandalam Investment.
May 25, 2016 at 08:53 | Source: CNBC-TV18
Jay Thakkar of Sharekhan is of the view that one may buy Network 18 Media & Investments with a target of Rs 44.
May 25, 2016 at 07:56 | Source: Reuters
The Kansas City and Richmond Federal Reserve banks renewed calls for an increase in the Fed's lending rate for banks ahead of the central bank's last policy meeting, and were joined by Cleveland and San Francisco.
May 24, 2016 at 19:30 | Source: PTI
The project aims to provide access to a continuous piped water supply in various cities in Karnataka and strengthen the service delivery arrangements at the city level, a finance ministry statement said.