Page 10 - Morgan Stanley

Surprise election outcome in May can see markets tank 40%: Morgan Stanley

The defining moment, Desai said, could be if and when the 26-party opposition alliance, known as I.N.D.I.A., is able to strike a seat-sharing deal

Morgan Stanley ups India's FY24 economic GDP forecast while BofA cuts

Economists at BofA Global Research, however, cut their estimates as quarterly growth missed their forecast

Morgan Stanley to invest Rs 300 cr in Prakhyat Group's warehousing project

Prakhhyat Group on Monday said it has partnered with a fund managed by Morgan Stanley Real Estate Investing to develop a warehousing project at Bhiwandi near Mumbai. The company did not disclose the amount of investment by Morgan Stanley Real Estate Investing (MSREI) but sources said it is around Rs 300 crore. Prakhyat Group will develop a 0.7 million square feet Grade A warehousing space at its K Square Logistics Park in Bhiwandi, the company said in a statement. This marks MSREI's entry in the Bhiwandi sub-market of Mumbai. With this, MSREI has invested in over 5.6 million sq ft of logistics assets across the country, it added. The project, One K-Square, will be built across 25 acres. The development will offer warehousing solutions to institutional customers from e-commerce, 3PL players, FMCG and FMCD sectors, among others. Prakhhyat Group will be the development manager and will be responsible for project execution, leasing, and asset management. "Through this partnership, we

In a first, Morgan Stanley fined for UK Energy trading WhatsApp breach

The fine is the first issued by Ofgem under legal requirements to archive communications linked to wholesale energy trading, the regulator said

Morgan Stanley cuts China's 2023 economic growth forecast to 4.7%

Earlier this week, J.P.Morgan cut China's 2023 GDP growth forecast to 4.8 per cent from 5 per cent earlier, while Barclays cut it to 4.5 per cent

Morgan Stanley backed RE firm Continuum to refinance $400 mn bonds

Company's interest savings will likely be minimal despite a lower funding cost, says S&P

Morgan Stanley reaches 70% of $1 trn of low carbon ESG funding goal

The Wall Street firm said in an ESG report this week that it has allocated $700 billion of financing, with more than $550 billion of that directed to green activities

New era of Indian equity outperformance is dawning: Morgan Stanley

In India, Morgan Stanley believes, the situation is in stark contrast to that in China. India, it said, is arguably at the start of a long wave boom

Fitch downgrades US' rating: How soon can the markets recover?

Stock markets, analysts suggest, are impacted by unexpected events and see a knee-jerk reaction. When market valuations are high, the sell-off, they say, will be sharp

Morgan Stanley upgrades India's rating to overweight, downgrades China

The brokerage firm added that it expects Sensex to reach 68,500 by the end of December this year

Morgan Stanley cuts rating on China stocks, asks investors to take profits

Chinese assets have gotten a boost in recent days amid a slew of promises from Beijing to spur growth and revitalise the nation's flagging private sector

Incorrect security pricing caused by glitch behind India index slump: MSCI

The MSCI India Index slumped about 9% mid-day local time even as the Nifty 50 Index, the benchmark gauge of the National Stock Exchange of India Ltd., was down about 1%

Morgan Stanley lifts US growth forecast on expectation of infra investment

Economists at Morgan Stanley now expect U.S. real gross domestic product (GDP) to grow 1.3% on average in 2023, from an earlier forecast of a 0.6% rise

Morgan Stanley moves 200 technologists out of mainland: China data law

The employees, accounting for more than a third of Morgan Stanley's technologists on the mainland, are primarily moving to Hong Kong and Singapore, one of the people said

Morgan Stanley profit drops 18% in second quarter as deal doldrums persist

Global M&A activity fell 36% in the second quarter versus a year earlier, according to Dealogic. Still, its climb from the first quarter has sparked hopes of a nascent recovery

Narayana to buy stake of Morgan Stanley, BanyanTree in Nspira at Rs 1.4k cr

Morgan Stanley PE and BanyanTree currently hold a 20 per cent stake in Narayana's group firm Nspira Management Services

AI seen fueling Microsoft to $3 trillion value in Morgan Stanley model

The analysts, led by Keith Weiss, named Microsoft their top pick among large cap software companies, and said that it is the best placed in the sector to benefit from the growth of AI

Homegrown bank giant bigger than Morgan Stanley to arise from India merger

The tieup of HDFC Bank & Housing Development Finance Corp creates a lender that ranks 4th in equity m-cap, behind JPMorgan Chase, Industrial and Commercial Bank of China and Bank of America Corp

Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley

Morgan Stanley projects that Amazon will become the biggest player in beauty

Standard Chartered to trim more than 100 roles as part of cost cuts

"It is part of normal business activity to review our role requirements on an ongoing basis across the bank, to ensure that we remain effective in delivering our business strategy"