Page 15 - Morgan Stanley

Cloud, security to be priority even if recession hits US: Morgan Stanley

The report suggests limited near-term impact for Indian IT services players, but commentary on FY24 will be crucial

As RBI rings in changes, here is why SBI Cards is the darling of analysts

SBI Cards' market share in terms of the number of credit cards has moderated by around 10 basis points to 19.1 per cent

After Morgan Stanley and JP Morgan, now Jefferies turns bullish on RIL

RIL is a key beneficiary of energy inflation, with every $1 per barrel improvement in annualised refining margins adding an estimated $400-450 million to RIL's consolidated Ebitda, Jefferies said

Morgan Stanley Investment Funds offloads Rs 105-cr shares of Happiest Minds

The shares were disposed of at an average price of Rs 800 apiece, valuing the transaction to Rs 105.12 crore

After 3 yrs of challenges, auto sector may see double-digit growth in FY23

Industry insiders, analysts say SUVs to lead the charge among cars, two-wheelers to make strong comeback

Reliance Industries in focus as benchmark refining margin inches up

Morgan Stanley said RIL's margins would be 50 per cent above its last peak season in mid-2008

Elon Musk's Twitter bankers face potential hit on the riskiest debt

The lenders forged a deal based on a maximum interest rate of 11.75 per cent for the $3 billion unsecured portion of the financing package

Byju's in talks with lenders for $1 billion to fund acquisition plans

The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said

Asian, EMs entering the late stages of a bear market: Morgan Stanley

Over the next 12 months, Morgan Stanley forecasts range-bound markets for equities, credit, yields, and the US dollar

Morgan Stanley cuts India's FY23 growth forecast to 7.6%

The Reserve Bank of India (RBI) has revised downwards its growth projection for FY23 to 7.2 per cent from 7.8 per cent earlier

Top headlines: MS cuts India GDP forecasts; Novelis to invest $2.5 bn in US

Business Standard brings you the top news of the evening

Morgan Stanley cuts India's growth forecasts on inflation, global slowdown

Gross domestic product growth will be 7.6% for FY23 and 6.7% for FY24, 30 basis points lower than the previous estimates, the brokerage said in a note

Reliance to clock $20 bn in EBITDA by 2022-end, says Morgan Stanley

High refining margins, gas prices and telecom ARPUs key contributors; stock falls nearly 4 per cent on Monday

Reliance likely to clock $20 bn EBITDA by end 2022: Morgan Stanley

A refining golden age, tightening global gas markets and improving telecom subscriber quality point to a USD 20 billion-plus EBITDA run rate for Reliance Industries Ltd by end-2022, Morgan Stanley

Cash shifts pull rug under global equity markets, say strategists

World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year

Elon Musk tweets cryptic phrase days after Twitter takeover offer

The offer from Musk, who has hinted at the possibility of a hostile bid, has prompted the social media company to adopt a 'poison pill' to protect itself

Profits of four big banks decline as deal-making, mortgages slacken

The results from Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo were similar to the results out of JPMorgan Chase, which on Wednesday reported a double-digit decline in profits

Nasdaq, S&P 500 fall as growth shares lose steam, mixed Q1 results by banks

Twitter rises on Elon Musk's $41-bn buyout offer'; Morgan Stanley, Citi rise after results; Wells Fargo slips after quarterly profit drops

Morgan Stanley beats estimates on stronger-than-expected trading, M&A in Q1

Morgan Stanley earned $258 mn in revenue from its equity underwriting business, down sharply from $1.5 bn a year ago, when it generated handsome fees from a spate of high-profile IPOs

Morgan Stanley expects RBI to raise rates by 125 bps cumulatively in FY23

This is against the backdrop of both domestic and global developments.