Euro hits 11-year low on Greece fears, equities muted

Last Updated: Monday, January 26, 2015, 13:14

The euro sank to an 11-year low Monday and Asian equities were muted after an anti-austerity party won Greece`s election, throwing its international bailout into doubt and raising fears it could leave the eurozone.

FDI led by equities jumps 22.6% in FY14 to Rs 15 trillion: RBI

Last Updated: Friday, January 16, 2015, 23:10

Foreign direct investment into the country jumped 22.65 percent to Rs 15,08,960 crore as of end March 2014, up from Rs 12,30,250 crore as of 2012-13, with equities dominating the pie with share of 93.9 percent.

Standard Chartered eyes bank stake sales as it tries to slim down

Last Updated: Friday, January 16, 2015, 18:35

The most likely potential sale is Standard Chartered`s $621 million holding in Agricultural Bank of China Ltd (AgBank), a person with direct knowledge of the situation said.

Stock market's long-term outlook positive, say experts

Last Updated: Friday, January 9, 2015, 21:54

The long-term outlook for the Indian equities remains positive due to strong fundamentals, though markets may face some volatility in the short term, say experts.

StanChart exits loss-making institutional cash equities biz

Last Updated: Thursday, January 8, 2015, 22:24

Asia-focused Standard Chartered Bank Thursday announced closure of its loss-making institutional cash equities business with immediate effect and cutting 2,000 more jobs from its retail banking side as part of efforts to save USD 400 million in costs this year.

Greek crisis will prove bullish for Europe

Last Updated: Wednesday, December 31, 2014, 10:48

Greece is in the headlines for all the wrong reasons yet again. Until further political certainty is achieved, it is best to remain cautious and not rule out further volatility in Greek yields and European equities. However, unlike at the peak of the European debt crisis, wider contagion is a low probability event risk.

M&A, PE deals by Indian companies surge 26%

Last Updated: Sunday, December 28, 2014, 10:50

Resurgence in business sentiment following the new government at the Centre pushed up the value of M&A as well as private equity deals involving Indian firms by 26 percent to USD 48 billion this year, says a report.

Global and local cues weigh heavy on markets

Last Updated: Saturday, December 20, 2014, 19:07

As crude price continued to fall, the concern over global growth increased. As a result, profit booking picked-up in the market.

FII inflows may halve to $20 bn in 2015: Credit Suisse

Last Updated: Wednesday, December 10, 2014, 19:55

Swiss brokerage Credit Suisse on Wednesday said the robust foreign inflows into the country's debt and equities markets will halve to USD 18-20 billion next year on a slowdown in the sovereign wealth funds' (SWFs) play.

FPIs remain saddled-up, awaiting green signal on rate cut

Last Updated: Saturday, November 29, 2014, 20:21

An upbeat economic scenario, coupled with international global cues and anticipation of a dovish central bank move in its upcoming monetary policy review have firmly got foreign investors` interest glued to Indian equities.

Falling energy shares weigh on global equities, oil down

Last Updated: Saturday, November 29, 2014, 02:45

Crude oil tumbled on Friday, knocking down both energy-related shares and currencies after OPEC`s decision a day earlier not to cut output reinforced prospects of a worldwide oil supply glut.

RBI allows asset reconstruction co to convert debt into equity

Last Updated: Thursday, January 23, 2014, 21:24

Reserve Bank on Thursday permitted asset reconstruction companies (ARCs) to convert debt of crisis- ridden companies into equities as part of restructuring process.