Indian CFOs most bullish in Asia-Pacific: Study

Last Updated: Thursday, July 2, 2015, 20:37

"Also, 85 per cent of them anticipate profit growth in 2015 versus 72 per cent last year, against an average of 73 per cent in the region," Bank of America-Merrill Lynch said quoting its survey on Thursday.

Indian IT firms to see marginal impact of Greek crisis: BofA

Last Updated: Wednesday, July 1, 2015, 13:18

Large IT companies in India are likely to see a marginal 1-2 percent earnings impact from the economic crisis in Greece due to their exposure to Europe, while their direct revenue exposure to Greece is "practically zero", a research report said today.

India beats China as most favoured emerging market: BofA-ML

Last Updated: Sunday, June 21, 2015, 11:42

India topped the global emerging market investors' country preference chart followed by China and Poland in the second and third place, respectively.

Fed keeps rate unchanged; calls US growth `moderate`

Last Updated: Thursday, June 18, 2015, 01:26

The Federal Reserve left its benchmark interest rate unchanged at near zero Wednesday, while describing US economic growth as "moderate" after the winter slowdown.

Airbus expects commercial planes demand to touch $4.9 tn

Last Updated: Tuesday, June 16, 2015, 18:58

Airbus confirmed the sale of 60 modernised versions of the A320neo family to the aircraft financing and leasing company, GECAS.

US court rules 2008 AIG takeover illegal but awards no damages

Last Updated: Tuesday, June 16, 2015, 01:16

A US court ruled Monday that the government`s takeover of insurer AIG was illegal, in a rebuke to the Federal Reserve and Treasury`s dramatic actions in 2008, which they argued saved the financial system.

Asian shares and euro slip as Greece fails to reach debt deal

Last Updated: Monday, June 15, 2015, 07:51

Asian shares fell and the euro skidded in Asian trade on Monday, after Greece`s talks with lenders to avert a default ended with no agreement and Wall Street logged losses ahead of a Federal Reserve meeting.

Alexis Tsipras under pressure for concessions in Greece debt talks

Last Updated: Thursday, June 11, 2015, 17:36

To clinch a deal, EU officials said Tsipras`s government needed to offer alternative savings and tax measures to replace proposed pension cuts and tax rises he rejected as antisocial, to deliver a modest fiscal surplus before interest payments.

2 of Indian-origin among richest self-made US women: Forbes

Last Updated: Friday, May 29, 2015, 10:47

India-born Neerja Sethi, with a net worth of USD 1.1 billion, has been ranked 14th on the list of the most successful self-made women in the US while London-born Jayshree Ullal comes in at the 30th spot with a USD 470 million net worth.

Investors jittery over lack of real change on ground: BofA-ML

Last Updated: Monday, May 18, 2015, 20:50

As the Modi government completes first year in office, though almost all American investors are "overweight" on the country, they also complain that nothing is changing on the ground, says a report by Bank of America -Merrill Lynch.

Pradhan to lead industry delegation to Mexico, Colombia

Last Updated: Saturday, May 16, 2015, 20:34

To bolster energy ties with Americas, Oil Minister Dharmendra Pradhan is leading a high level delegation of industry CEOs to Mexico and Colombia from May 18 to 22.