Apr 25, 2015 at 15:09 | Source: PTI
The rupee resumed lower at 62.54 per dollar as against the last weekend's level of 62.36 per dollar at the Interbank Foreign Exchange Market and dropped further a current year's low of 63.6450 before concluding at 63.56 per dollar, showing a loss of 120 paise or 1.92 percent.
Apr 23, 2015 at 09:29 | Source: Moneycontrol.com
According to a media report, Century's cement business could be valued at an enterprise value (EV) of Rs 10,500 crore, implying an EV/Tonne of USD 132/tonne, says Goldman Sachs in a research report.
Apr 23, 2015 at 08:30 | Source: PTI
In case of the investors from jurisdictions having Double Taxation Avoidance Agreements (DTAAs) with India, the treaty benefits would over-ride the tax demands, top finance ministry officials told the FIIs in a series of meetings on Wednesday.
Apr 22, 2015 at 09:51 | Source: Moneycontrol.com
CLSA has cut target price by 3 percent to Rs 600 per share, maintaining an underperform rating. It states that persistent poor top 10 account mining, headwinds in energy, telecom and BFS are likely to keep earnings growth prospects uninspiring.
Apr 20, 2015 at 18:13 | Source: CNBC-TV18
Goldman Sachs is learnt to be the banker to Sun Pharma-Daiichi Sankyo deal.
Apr 20, 2015 at 11:49 | Source: Moneycontrol.com
The rate cut was widely expected, given the weakness in Chinas economy. But the size of the cut was bigger than was expected, and market experts see this as an admission that the slowdown could be worse feared
Apr 16, 2015 at 15:16 | Source: Moneycontrol.com
According to the brokerage, the move by Tata Sky may put further pressure on ARPUs as subscribers may activate their connections only when they have content to watch, reducing operating leverage for the DTH providers, while their costs will not change despite a consumer opting to use the service for only part of the month.
Apr 16, 2015 at 10:14 | Source: Moneycontrol.com
Goldman Sachs expects another Rs 2,700 crore to come from the government towards direct transfer of LPG subsidy, taking the OMCs' total receipts to Rs 8,000 crore.
Apr 15, 2015 at 10:51 | Source: CNBC-TV18
According to Jim O'Neill, former chairman, Goldman Sachs Asset Management, though there was nothing wrong with the Indian Budget, there was no wow factor. He says the Indian market is taking a pause after the massive rally seen over the last 18 months. For further growth, it needs a new catalyst.
Apr 07, 2015 at 14:12 | Source: PTI
The government had long reiterated its intention to eventually unload the GM shares. The original 2009 investment was part of the effort to bail out the then-sputtering automaker.