Controlling shareholders to sell $300 million of shares in Hero MotoCorp

Last Updated: Wednesday, February 18, 2015, 08:55

Controlling shareholders of Hero MotoCorp Ltd, India`s biggest maker of motorcycles and scooters, plan to sell $300 million worth of shares later in the day, according to a term sheet seen by Reuters.

SBI appoints 9 merchant bankers for Rs 15,000 crore share sale

Last Updated: Wednesday, February 11, 2015, 22:20

Country's largest lender State Bank of India (SBI) on Wednesday kicked of its largest-ever fund raising drive to raise up to Rs 15,000 crore by picking up as many as nine investment bankers, including Goldman Sachs, Barclays Plc and Bank of America Merrill Lynch (BofA-ML), sources said.

UK`s top four lenders pass stress tests: Bank of England

Last Updated: Tuesday, December 16, 2014, 13:02

Britain`s four biggest lenders have passed the Bank of England`s stress tests, which are designed to show their ability to withstand a new economic crisis, the central bank said on Tuesday.

RIL, TCS among Barclays' top 133 stock picks for 2015

Last Updated: Monday, December 8, 2014, 17:06

Reliance Industries, TCS and Bharti Airtel are among the six Indian firms that figure in Barclays' top 133 stock picks from across the world for 2015.

Barclays to cut hundreds more investment bank jobs: Source

Last Updated: Wednesday, January 29, 2014, 00:41

Last year, Barclays Chief Executive Antony Jenkins pledged a fresh course for the bank, in an attempt to restore its reputation following a series of scandals.

'Narrowing CAD good for rupee but poll results a two-way risk'

Last Updated: Sunday, January 12, 2014, 13:48

Over the next 6-12 months, Barclays forecasts that the rupee would be at 61/USD, while the 2014 election outcome remains a large two-way risk.

'Govt must slash spending by Rs 1-tn to meet fiscal target'

Last Updated: Thursday, January 9, 2014, 17:39

The government will have to cut expenditure by up to Rs 1 lakh crore in the remaining part of the fiscal if it is to meet the budgeted fiscal deficit target of 4.8 percent, foreign brokerage Barclays has said.

Imagine Dragons, Lauryn Hill to perform at Amnesty International concert

Last Updated: Thursday, January 9, 2014, 02:11

American alternative rock group Imagine Dragons, hip hop artist Lauryn Hill and rock band The Fray will headline an Amnesty International concert next month in New York.

US regulator fines Barclays over decade of records failures

Last Updated: Friday, December 27, 2013, 11:04

Barclays Plc has been fined $3.75 million by a U.S. regulator over its alleged decade-long failure to properly keep electronic records, emails and instant messages.

Barclays sets Nifty target at 6,481 for next year-end

Last Updated: Tuesday, December 24, 2013, 16:05

Indian equities may have a roller coaster ride next year given the fluctuating sentiment and modest fundamentals, Barclays said, setting a target of 6,481 for the Nifty for end the on 2014.

‘Infosys identifies three areas to cut employee costs’

Last Updated: Tuesday, November 26, 2013, 19:46

Infosys chief N.R. Narayana Murthy has said the company is looking at reducing the number of top officials and subcontractors at onsite locations in a bid to reduce operational costs, according to Barclays.

US investigates Barclays, RBS, Citigroup for currency trade

Last Updated: Friday, November 15, 2013, 18:31

US federal authorities are investigating activities of traders at major global banks suspected of forming cartels and altering the price of foreign currencies, a manipulation dubbed as "just the tip of the iceberg," according to a media report.