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A balancing act28-OCT-09
The RBI has carried out a balancing act with the latest credit policy, with the twin purposes of sustaining early stage economic recovery and controlling rising inflation. It also reaffirms an expected GDP growth rate of 6 per cent, with an upward bias.
Positive outlook on investment in India, says survey21-OCT-09
The prospect of a global economy recovery has driven confidence across the board, supported by a sustained confidence in the domestic economy, says a survey conducted in September by JP Morgan Asset Management, in association with ValueNotes, a market research company.
'You are in the driving seat once you are among top 3'09-OCT-09
Gaby Abdelnour is JPMorgan’s chief executive officer for Asia-Pacific. He was in India to meet clients amid a rush to raise resources and spoke to Sidhartha about his impressions of the recovery and the firm’s plans for India.
Welspun-Gujarat upsizes FCCB issue to $150 mn08-OCT-09
Welspun-Gujarat Stahl Rohren, the flagship company of the Welspun Group, today said it has hiked the size of its foreign currency convertible bonds (FCCBs) from $20 million to $150 million (about Rs 690 crore).
'Correction phase, if any, would be transitory'28-SEP-09
Dr Carlos Asilis has held various positions and served well-known institutions and global companies including JP Morgan Chase (New York), Credit Suisse First Boston (New York), and the IMF.
Buying a house likely to cost 15% more: Report03-SEP-09
Housing prices, which have cooled down from their peak, are expected to rise by 15 per cent in the next one year on the back of increased demand, a report said.
T N Ninan: End of the recession15-AUG-09
Could it be that the worst recession that the world has seen since the 1930s will have lasted barely a year? That is what the latest data make one hope. It was 17 months ago, on March 17, 2008, that Bear Stearns was acquired by JP Morgan Chase for 10 per cent of the value it commanded the previous week.
Hyatt files for IPO, intends to raise up to $1.15 bn06-AUG-09
Global hospitality company Hyatt Hotels today said it plans to raise up to $1.15 billion through an initial public offer and would use part of the proceeds to acquire and invest in new properties.
JPMorgan Asset Management launches Greater China Fund21-JUL-09
JPMorgan Asset Management India (JPMAMIPL), today announced the launch of JPMorgan JF Greater China Equity Off-shore Fund, an open-ended fund of funds scheme.
JPMorgan Q2 profit up 36% to $2.72 bn16-JUL-09
Financial services major JPMorgan Chase today posted 36 per cent surge in the second-quarter profit at $2.72 billion, propelled by a steep rise in investment banking fees.
Sterlite to raise $1.5 bn via securities in US16-JUL-09
Vedanta Group firm Sterlite Industries today said it will raise $1.50 billion (about Rs 7,294 crore) through issue of securities in the US market.
MFs flood mkt with NFOs before entry load removal15-JUL-09
In addition to the entry load removal deadline, fund managers are also trying to cash in on the improvement in the sentiment in the stock market in the past three months and investors are also queuing up for their offers, analysts said.
FMCG firms keep fingers crossed25-JUN-09
Predictions of below normal monsoon rains have poured cold water on the bullish growth plans of fast-moving consumer goods companies, which have continued to show robust growth of 17-18 per cent in the face of rising input costs and the economic downturn.
Credit Suisse likely to weigh buyback, says JP Morgan19-JUN-09
Credit Suisse Group AG, Switzerland’s biggest bank by market value, may start buying back shares next year, JPMorgan Chase & Co analyst Kian Abouhossein said after a meeting with company executives.
'Will financial constraints choke the social agenda?'10-JUN-09
The Budget cannot afford to ignore 'inclusive growth' but innovative measures can generate employment while creating economic assets.
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