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Morgan Stanley Picks Up Rs 32-Crore Pantaloons Shares

Sep 16, 2014 at 00:00 | Source: NDTV Profit

Mumbai: Foreign fund house Morgan Stanley Asia (Singapore) on Monday picked up nearly 26.7 lakh shares in clothing retail firm Pantaloons for a little over Rs 32 crore through open market. A total of 26,68,655 shares of Pantaloons were acquired by&am...

Apple Pay can be a game changer if backed by retailers

Sep 11, 2014 at 11:31 | Source: Economic Times

Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. The success of Apple Pay, unveiled at a gala launch on Tuesday, hinges on the willingness of retai...

Retailers seen unlikely to warm up to Apple Pay

Sep 11, 2014 at 04:35 | Source: Economic Times

Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. The success of Apple Pay, unveiled at a gala launch on Tuesday, hinges on the willingness of reta...

ECB’s last roll of the dice

Sep 04, 2014 at 23:57 | Source: BBC

Today is a big day in the history of the Eurozone, for three reasons (always good to have the big three). First an ideological Rubicon has been crossed by the European Central Bank (ECB) - because in trying to cut interest rates and increase the supp...

Russian rouble falls to new low on sanctions threat

Aug 30, 2014 at 00:17 | Source: BBC

The Russian rouble fell to a record low against the dollar as investors fear further sanctions against the nation. The rouble fell to 37.03 per dollar on Friday, its worst valuation since the currency was restructured in 1998. The tumble comes weeks ...

SKS Microfinance Surges; Morgan Stanley Starts at 'Overweight'

Aug 28, 2014 at 10:54 | Source: NDTV Profit

SKS Microfinance shares up 3 per cent at Rs 299 on Thursday. Morgan Stanley initiates coverage with an "overweight" rating and a target of Rs 385. India's microfinance industry has $90 billion demand potential, says Morgan S...

Titan Company Gains After Morgan Stanley Upgrades

Aug 21, 2014 at 11:26 | Source: NDTV Profit

Titan Company gains more than 5 per cent on Thursday as Morgan Stanley upgrades the watches and jewellery maker to "overweight" from "equal-weight". Morgan Stanley raises share price target to Rs 420 from Rs 330. M...

Brent holds near 14-month low on plentiful supply

Aug 21, 2014 at 01:45 | Source: FirstPost

SINGAPORE (Reuters) - Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.The oil benchmark has fallen more than 12 ...

India ranks poorly in labour-employer relation: Morgan Stanley

Aug 18, 2014 at 22:00 | Source: VC Circle

India ranks poorly in employee- employer relations standing at 61st position, which is far behind countries like Mexico, Thailand and the Philippines, according to a report by Morgan Stanley. "On the metric of cooperation in labour-employer ...

Market Concerns About Impact of Reliance Jio Entry 'Overdone': Morgan Stanley

Aug 18, 2014 at 20:00 | Source: NDTV Profit

Mumbai: Market concerns about the impact of Mukesh Ambani-led Reliance Jio's entry into the India's fiercely competitive telecom sector are "overdone", foreign brokerage Morgan Stanley said on Monday. "Despi...

As money leaves Russian stocks, China, other BRICS benefit

Aug 12, 2014 at 23:30 | Source: FirstPost

LONDON (Reuters) - With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow's equity markets and funnelling cash into other BRICS states, with China a standout beneficiary.Russia has performed ...

The global wine drought that never was

Aug 07, 2014 at 23:22 | Source: BBC

Recently the world's media reported the alarming news that demand for wine has outstripped supply. Latest figures indicated a shortfall of 300 million cases in 2012, it was claimed... the world was facing the serious prospect of a wine shortage....

India s fundamentals are in place for profitable growth: Aisha De Sequeira, Morgan Stanley

Aug 04, 2014 at 07:42 | Source: Economic Times

Foreign investors' interest in India is real as they are looking at the country from a structural perspective, said Aisha De Sequeira, co-country head and head-investment banking, Morgan Stanley India. In an interview with ET, the dealmaker said she ...

Flipkart raises bar in cash chase

Jul 31, 2014 at 01:52 | Source: Calcutta Telegraph News

Mumbai, July 29: Flipkart, India�s largest e-tailer, has raised fresh funds worth $1 billion as it ramps up operations to fend off competition from Amazon, which is growing at a scorching pace in the country. Flipkart, founded in 2007 by two forme...

Spain's economy grows at fastest quarterly rate since 2007

Jul 31, 2014 at 01:52 | Source: BBC

The Spanish economy grew at its fastest pace over the last three months since the end of 2007, according to Spain's statistics office. But falling prices show the country is facing a deflation threat after it emerged from a two year recession la...

Dear Flipkart, you got your $1 billion; spend it carefully

Jul 30, 2014 at 12:39 | Source: FirstPost

Update: Amazon has announced a $2billion investment in India as well. Amazon founder Jeff Bezos said in a statement, "After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed ...

Dear Flipkart, you got your $1 billion; spend it wisely

Jul 30, 2014 at 11:11 | Source: FirstPost

Update: Amazon has announced a $2billion investment in India as well. Amazon founder Jeff Bezos said in a statement, "After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed ...

Dear Flipkart, please spend the $1 billion wisely

Jul 30, 2014 at 09:49 | Source: FirstPost

Indias biggest home-grown e-commerce portal Flipkart announced on Tuesday that it had raised $1 billion (over Rs 6,000 crore) in the latest round of funding from a group of investors. This is the single largest round so far in the country. Flipkart h...

Dear Flipkart, you got your $1 billion; now spend it wisely

Jul 30, 2014 at 09:49 | Source: FirstPost

Update: Amazon has announced a $2billion investment in India as well. Amazon founder Jeff Bezos said in a statement, "After our first year in business, the response from customers and small and medium-sized businesses in India has far surpassed ...

Morgan Stanley to Raise Junior Bankers' Base Salaries by 25%

Jul 29, 2014 at 07:51 | Source: NDTV Profit

Morgan Stanley is raising base salaries for junior bankers by about 25 per cent in a bid to improve working conditions and retention, Bloomberg said, citing people briefed on the matter. Associates and vice presidents in its investment banking and ...

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