Barclays trims December Nifty target to 9,642

Last Updated: Monday, August 31, 2015, 14:58

According to Barclays latest report, Indian earnings have now remained stuck in single-digit growth territory for the past three years.

BNP Paribas acquires Sharekhan for about Rs 2,000-crore

Last Updated: Thursday, July 30, 2015, 13:29

French banking giant BNP Paribas on Thursday acquired homegrown brokerage firm Sharekhan in an estimated Rs 2,000 crore deal, as it seeks to expand retail broking operations here.

Edelweiss raises $205 mn for secured lending fund

Last Updated: Tuesday, June 16, 2015, 15:18

Edelweiss Alternative Asset Advisors has announced the first closing of Singapore-based EW Special Opportunities Fund II (ESOF-II) at USD 205 million, a statement said.

UBS cuts Nifty target for Dec-2015 to 9,200 from 9,600

Last Updated: Monday, April 20, 2015, 18:30

Global brokerage firm UBS has cut its Nifty target for December this year to 9,200 from 9,600 amid slower-than-expected recovery in growth.

Fiscal deficit target of 4.1% GDP likely to be met: Citi

Last Updated: Sunday, February 1, 2015, 11:20

The fiscal deficit target of 4.1 percent of GDP for 2014-15 is likely to be met though the fiscal trends are "weak", it said.

Derivatives exchanges prove resistant to regulatory change

Last Updated: Tuesday, December 23, 2014, 12:38

In December 2013, Hanmag Securities Corp, a small South Korean brokerage firm, lost 46 billion won ($42 million) in a day after a stock option trading algorithm went bad. It was a fatal blow for a company that had just 15 billion won of capital — Hanmag went bust.

'RBI to ease rates by 50 bps in 2015, first cut likely in Feb'

Last Updated: Sunday, December 7, 2014, 10:54

The RBI is expected to lower policy rates by 50 basis points in 2015 with the first rate cut likely as early as February next year on the back of slowing inflation, global brokerage firm Morgan Stanley said.