May 01, 2016 at 11:28 | Source: PTI
Telecom major Vodafone India is close to launching an IPO with its British parent picking six investment banks, including Kotak, ICICI and UBS, for the over USD 2 billion share sale process, sources said.
Apr 29, 2016 at 20:45 | Source: CNBC-TV18
While Bank of America Merrill Lynch (BofAML), UBS and Kotak are learnt to have been selected as global co-ordinators, Deutsche Bank, HSBC and ICICI Securities are likely to be the Book Running Lead Managers (BRLM), sources said.
Apr 26, 2016 at 18:36 | Source: PTI
Officials said the meeting here chaired by SIT Chairman Justice (retd) M B Shah also reviewed the reports submitted to it by the Income Tax department, FIU and the Enforcement Directorate (ED) in the 'Panama Papers' list case in which at least 500 Indian names have been published.
Apr 25, 2016 at 12:42 | Source: CNBC-TV18
The US Fed is unlikely to raise rates, but there are signs that the body could start raising rates from June onwards, says Paul Mackel, Managing Director, Head of Asian Currency Research, HSBC.
Apr 21, 2016 at 14:58 | Source: PTI
According to the global financial services firm, the increased presence of smaller parties could also help push through other pieces of legislation like the Bankruptcy Code and the RBI Amendment Bill (which formalises inflation targeting).
Apr 21, 2016 at 07:53 | Source: Reuters
Concerns about moving to Asia, which dominated last year's event, have been replaced by a litany of fresh worries, topped by fears about whether an 8 percent dividend yield can be sustained as the global economy stalls.
Apr 20, 2016 at 13:35 | Source: Reuters
The kingdom had initally been seeking to raise between USD 6 billion and USD 8 billion through a loan lasting for five years for its first foreign borrowing in more than a decade. But the Ministry of Finance raised the amount after drawing significant demand.
Apr 20, 2016 at 08:05 | Source: Reuters
HSBC which reported flat annual pre-tax profit in 2015, is betting that the Pearl River Delta region in southern China is succeeding in rapidly upgrading its economy from low-value manufacturing to high-growth industries, creating big opportunities to provide banking services.
Apr 18, 2016 at 08:12 | Source: PTI
According to the global financial services major, offshore investment spurted most for local bonds in Indonesia and India while Korean government bonds recorded a second consecutive week of outflows.