Indian handset market headed for consolidation, 4G expansion by Jio, others driving smartphone growthThe fast pace of growth in the smartphone segment is set to attract investments from Apple which is seeing growth slowing in its major mark...
BofAML head of equities Saumil Shah passes away at 47Saumil Shah had started his career in the undivided DSP Myrrill consultancy services after obtaining his MBA degree from New York universit...
Data growth may offset revenue decline for Airtel, Idea and Reliance Communications in Q2Total wireless revenue may stay flat since the anticipated decline in voice revenue is tipped to be neutralised by a 7 per cent sequential ...
New base rate based on marginal costs could push banks to revise rates at a speedier pace: BoAMLThis will be particularly the case for banks with high base rates (the rate below which banks cannot lend), says BoAML.
Providence to sell 25% of its stake in Idea Cellular for $225 million via block tradesProvidence is planning to sell its 9.31% stake in Idea through block trades, either all at once or in two or more lots, these people said.
Govt may cut 2% import duty on gold in budget: BoAMLWe expect the current account deficit to widen to 2.6 per cent of GDP in FY15 from 1.7 per cent in FY14 especially as latent demand could l...
El Nino phenomenon may push up inflation: BoA-MLOn a more worrying note, El Nino could hurt the June-September monsoon prospects and lead to a drought, affecting various stocks.
Pharma companies to witness 26 per cent core sales growth in Q3: BoAMLThe increasing number of limited-competition products is rendering higher sustainable growth to the base business.
Rupee stability hinges on rise in forex reserves: BofA-MLThe rupee is expected to trade in the 58-62 range against the dollar in the near-term, foreign brokerage Bank of America Merrill Lynch said.
DLF appoints StanChart, JP Morgan, Deutsche Bank & BoAML to raise Rs 1,900 croreDLF Ltd has appointed four global investment bankers to sell fresh shares to the institutional investors in domestic and overseas markets t...
It makes sense to look at India now, says Jayanti Bajpai, head of Asia Pacific corporate and investment banking, Bank of America Merrill LynchThere’s a lot of confidence in the Finance Minister. He’s done this before. He is very seasoned, and the investors love that.
- Gemini surged unaware of BoAML's FCCB conversion denial
Bank of America Merrill Lynch issued a clarification to the exchanges on Nov 2 that it had not converted the FCCBs issued by Gemini Communi...
BoA-ML sees improved asset quality for ICICI Bank, reiterates 'buy' callCICBoA-ML met ICICI Bank CEO Chanda Kochhar and said that the asset quality may be 'much better than expected' and could lead to 're-rating of...
- Maintain 'Underperform' on Reliance Communications: BoAML
Reliance Infratel (towerCo) is valued as per the EV implied by its deal with GTL.
- Hindustan Copper appoints five banks for FPO
State-run Hindustan Copper (HCL) has appointed five bankers to run their Follow-on Public Offer. The appointed bankers are UBS-SMC Capital,...
- Hindustan Copper appoints five banks for FPO
State-run Hindustan Copper (HCL) has appointed five bankers to run their Follow-on Public Offer. The appointed bankers are UBS-SMC Capital,...
- BoAML maintains ‘Buy’ on Lanco Infra;ups target to Rs 67/sh
Bank of America Merrill Lynch has maintained its ‘Buy’ recommendation on Lanco Infratech after the Supreme Court dismissed Madhya Pradesh P...