Private banks better than PSU lenders: UBS Securities

Market regulator Securities and Exchange Board of India has issued notices to at least five major Indian corporate houses including United Spirits, Unitech, Essar, GMR, and Sterlite on suspicions of stock price manipulation and possible insider ...

The Securities and Exchange Board of India (Sebi) is checking data relating to trades in Ranbaxy before Sun Pharma announced on Monday it was acquiring the Daiichi Sankyo-owned firm in an all-stock transaction, reports Jash Kriplani in Mumbai. There ...

12:30 p.m. Banks: Where from here? Suresh Ganapathy, banking analyst at Macquarie Capital Securities (India), says Indian economy looks to have bottomed out and banks tend to do well when economy bottoms out. But the recovery could be delayed, he ...

MUMBAI — Investment banks from UBS to Morgan Stanley spent half a decade building their operations in India, betting that a growing economy would trigger a boom in mergers and stock sales. Theyve spent the last three years reversing that ...

With the help of Axis Bank, India's Hindalco Industries was able to secure $740 million of loan financing. In Taiwan, Synnex Technology International locked in $412 million, with Bank of Taiwan acting as lead arranger. In Thailand CP ALL, part of ...

We believe this indicates Diageo's confidence in the potential of the USL business as well as its commitment to India as a market. Summary We maintain our positive call and 'outperform' rating on United Spirits: IDFC We maintain our ...

MUMBAI: The market regulator has sought information from some large Indian business houses about the nature of their financial dealings with UBS, one of the largest banks in the world, about eight years ago. The Securities and Exchange Board of ...

In 2004, Indian stocks suffered their biggest rout in four years when the Congress Party defied opinion polls by winning national elections. For Rakesh Arora, the most accurate forecaster for India's benchmark S&P BSE Sensex index during 2013, ...

Power projects with an aggregate capacity of 9,322.5 MW are lying stranded in India for lack of enough gas. So gas-rich Bangladesh has emerged as the destination of choice for GE for its power business, a report in 'Mint' said. In our region we ...