Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

Last Updated: Wednesday, September 2, 2015, 16:12

The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.

JPMorgan, Goldman Sachs, Morgan Stanley to form data company: Report

Last Updated: Thursday, August 20, 2015, 08:57

JPMorgan Chase & Co , Goldman Sachs Group Inc and Morgan Stanley are working to create a company that will pull together and clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported.

'RBI to maintain status quo on Aug 4; rate cut by March '16'

Last Updated: Thursday, July 23, 2015, 15:37

The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.

Morgan Stanley beats estimates as trading revenue jumps

Last Updated: Monday, July 20, 2015, 18:17

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

Morgan Stanley remains bullish; retains Sensex target at 32,500

Last Updated: Tuesday, June 9, 2015, 20:04

Reiterating the Sensex target of 32,500 by December, Morgan Stanley India Managing Director Ridham Desai said, "Growth is improving and inflation is going down which are good for equities.

Morgan Stanley posts highest profit since financial crisis

Last Updated: Tuesday, April 21, 2015, 02:37

Wall Street investment bank Morgan Stanley reported its most profitable quarter since the financial crisis on Monday, boosted by higher revenue from trading bonds and equities.

Morgan Stanley profit jumps 60% on higher trading revenue

Last Updated: Monday, April 20, 2015, 17:24

Wall Street investment bank Morgan Stanley reported a 60 percent rise in quarterly profit, boosted by higher revenue from trading bonds and equities.

Morgan Stanley opens 1,400-strong back-office in Bangalore

Last Updated: Wednesday, April 15, 2015, 19:12

Wall Street bank Morgan Stanley Wednesday opened a back-office in Bangalore to help its global operations, which has a capacity to accommodate up to 1,400 employees.

India to clock 7.9% GDP growth in FY16: Morgan Stanley

Last Updated: Monday, April 13, 2015, 16:28

The country's economy will grow at 7.9 per cent this fiscal and 8.4 per cent in FY 2016-17, on the back of policy reforms, spurt in domestic demand and lower inflation, according to Foreign brokerage Morgan Stanley.

Bitcoin technology startup hires Morgan Stanley manager

Last Updated: Tuesday, April 7, 2015, 08:43

Factom, a bitcoin technology company, has hired Morgan Stanley investment manager Jacob Dienelt as its head treasurer, the company said on Monday.

Morgan Stanley says Indian economy in for good times

Last Updated: Monday, April 6, 2015, 18:27

Predicting an average sub-5 percent inflation this year, Morgan Stanely has said India is in for a long period of higher sustainable growth and lower prices.

RIL's $15.5 bn capex to increase profits by 50% over FY15-18

Last Updated: Tuesday, March 31, 2015, 16:43

Reliance Industries' USD 15.5 billion downstream refinery and petrochemical expansion projects are likely to add more than 50 percent to its pre-tax earnings over the next three years, Morgan Stanley said on Tuesday.