Person of Indian Origin (PIO) figures in Europe’s biggest tax heist
They fooled the system in a way that that two investors could claim refunds for taxes that were paid just once.
India attractive in itself, not just as alternative to China: PAG Boss
In India, the focus will be on export-dependent sectors like pharma an...
What made stocks reverse rally on Monday?
BSE Smallcap index fell just 0.39% on Monday, even as benchmark Sensex was down 1%.
Brokerages bullish on HDFC Bank post Q3 results
The bank reported a 32.77 per cent YoY rise in net profit at Rs 7,416.48 cr for the quarter.
Welcome to ‘peak decade,’ from globalization to central banks
Ian Bremmer, founder of Eurasia Group, describes this year as a “tipping point.”
JPMorgan beats estimates on strong trading, underwriting
Net income at the United States' largest bank rose to $8.52 billion, or $2.57 per share, in the quarter ended Dec. 31, from $7.07 billion, or $1.98 per share, a year earlier.
Goldman Sachs profit misses estimates on higher costs, weak M&A
The bank's net earnings applicable to common shareholders fell to $1.72 billion in the quarter ended Dec. 31 from $2.32 billion a year earlier.
Bank of America beats on bond trading boost, loan growth
Bank of America reported a 25% rise in bond trading revenue, although that was far short of the 86% surge at JPMorgan Chase and Co and a 49% jump at Citigroup Inc.
PE Funds Advent, Kedaara in discussions to acquire Sequent
The founder promoters of Sequent, including serial entrepreneur Arun Kumar, KR Ravishankar and family, together hold about 56.5% in the listed entity, while PE investor Ascent Capital holds 5% stake. JP Morgan is running the sale process.
Future Retail bonds get six times higher subscriptions
The bond sale would help the retailer expand its borrowing sources as Future looks to expand its retail footprint.
European shares flat as focus turns to Sino-US trade deal
Technology stocks were the best performers on the DAX
Supreme Court orders ED to attach corporate properties of JP Morgan for violation of FEMA in Amrapali case
The Supreme Court also allowed the ED to take into custody the defunct group's CMD, Anil Kumar Sharma, and two other directors, Shiv Priya and Ajay Kumar, who are behind bars on the top court's order, for interrogation as regards alleged money-laundering offences.
JPMorgan sees ‘high anticipation’ for CME Bitcoin options launch
JPMorgan calculates intrinsic value by treating Bitcoin as a commodity
Bharti Airtel receives subscriptions up to $10 billion
The QIP is likely to be priced at Rs 445 a share against the base price of Rs 435 per unit.
Shriram Transport raises $500 million via offshore bonds
The company is said to have received subscription demand for nearly $2 billion from long-term asset managers in the current round of debt sale.
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