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Airtel may post its first loss in 15 years as telcos bleedThe No. 3 carrier Idea Cellular's losses are also set to widen in the March quarter, primarily hit by negative operational leverage, they s...- Tower sale plan of Vodafone, Idea gathers steam ahead of mergerVodafone, the nation’s No. 2 mobile carrier, asked Morgan Stanley to zero in on a buyer while third largest Idea hired Bank of America-Merr...
- Ashok Leyland, Hero to be worst hit by BS-III banBofa-Merrill Lynch rates them as 'underperformers'; Tata Motors to also feel the heat, Maruti & Bajaj to be least impacted.
- Three reasons why RBI may still go for a rate cut in this monetary policy review“We see three compelling reasons for Rajan to cut interest rates by 25 bp. As this is his last policy, he may stop at a dovish signal,” Bof...
- Brokerages trim GDP target to 7.3% on faltering Q1 growthA day after the government reported slower-than-expected GDP growth for Jan quarter, foreign brokerages have cut their forecasts by up to 0...
- Housing market to remain weak for 3-4 quarters, says Bank of America-Merrill LynchOverall housing market continues to be weak and is expected to remain so over the next 3-4 quarters at the least, showed a report by Bank o...
- Foreign Investors Still Bullish on India: BofA-MFOver 90% of the 167 fund managers polled by BofA-ML have voted India and China as their most favoured investment destination
- Jyotivardhan Jaipuria leads exit of senior analysts at BofA-MLThe Indian institutional equities arm of Bank of America-Merrill Lynch has seen senior-level exits recently.
- BofA-ML sees credit growth diving to 15-year low in FY14BofA-ML today said loan growth of Indian Indian banks will fall to a 15-year-low of less than 13 per cent in the current fiscal.
- Broker's call: Divi’s Laboratories is a Buy for BoFABank of America-Merrill Lynch (BoFA-ML) has put a ‘Buy’ rating on Divi’s Laboratories and set a target price of Rs 1,305.
- Brokers' call on GCPL, HCL Tech and PSU OMCs like Indian Oil, BPCL, HPCLNomura has maintained ‘Buy’ on Godrej Consumer (GCPL) and set a target price of Rs 800 as the company has delivered strong operational perf...
- Broker's call: Reliance IndustriesBank of America-Merrill Lynch has retained its ‘Underperform’ rating on Reliance Industries and set a target price of Rs 700.
- Panchshil Realty buys back PE firms' stakes in 3 projects for over Rs 720 crPanchshil has so far built and delivered over 10 million sq ft space, and currently has around 20 million sq ft under development.
- Wipro expected to have one of the fastest growth rates in IT industryWipro has been showing signs of a comeback in the past two quarters and a third quarter of good growth will be taken as a sure sign of vita...
- Bank of America-Merrill Lynch asks 32 employees to look for jobsBoA-Merrill Lynch has asked more than two dozen employees at its wealth management unit to leave as slowdown worsens.
- Bank of America-Merrill Lynch maintains 'Neutral' rating on Reliance Industries LtdBank of America-Merrill Lynch has maintained its 'Neutral' rating on Reliance Industries, mainly due to the -buy-back programme which may s...
- Voltas to 'underperform' due to cost overruns: Bank of America-Merrill LynchLoss of Rs 260 crore reported in FY12 towards cost overrun in the Rs 1,000-crore Sidra Medical project in Qatar is unlikely to be reversed.
- Canara Bank hits 52-week high, BofA-ML upgradesShares of Canara Bank rose to a 52-week high of 693.30 rupees on good earnings, two dealers said. The robust earnings have prompted Bank of...
- Fund managers don’t see rate hike before mid-2010US Federal Reserve is unlikely to tighten interest rates before the second half of 2010, said a majority of the panelists that participated...
- Bank of America-Merrill Lynch retains ‘buy’ on Educomp SolutionsBank of America-Merrill Lynch has retained its ‘buy’ rating on the stock.
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