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ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Be a Roman when in Rome, contribute to local community: RSS to Indians living abroadIndians living abroad should contribute more to their host communities, urged RSS general secretary Dattatreya Hosabale. He advised the dia...
US Stock Market: Split Fed signals tougher path for rate cuts under new leadershipInvestors are recalibrating expectations as a U.S. Federal Reserve leadership change looms. Once anticipating rate cuts, markets now face u...
Walmart breaks its no-frills mold with in-store beauty experts and personalised adviceWalmart is bringing beauty experts to its stores. These trained staff will offer personalized makeup and skincare advice. This move aims to...
Walmart’s beauty push gets personal with in-store consultationsWalmart is bringing trained beauty experts to its stores. These specialists will offer personalized makeup and skincare advice. This initia...
Citi profit jumps 42% as market volatility lifts trading revenueCitigroup's first-quarter profit rose 42% as geopolitical tensions fueled market volatility and trading revenue, while strong dealmaking bu...
US stocks today: Dow falls over 300 points as failed US-Iran talks unsettle investorsWall Street slipped as failed US-Iran talks and a US naval blockade on Iranian ports revived geopolitical risks, denting market sentiment. ...
Why is GS stock falling today despite strong Goldman Sachs earnings in Q1? Here's what investors need to knowGS stock today: Goldman Sachs reported a strong first quarter with a 19% profit jump and revenue exceeding expectations, driven by dealmaki...
Goldman Sachs posts higher profit on strength in dealmaking, equities tradingGoldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities t...
Nomura's India fixed-income chief resigns amid reports of inflated profitsUjjwal Kumar, managing director of Nomura Fixed Income Securities, has resigned following a Bloomberg report alleging Nomura Holdings is in...
Chief of Nomura Fixed Income quits days after losses and media report on inflated profitsBloomberg, citing people familiar with the matter, reported that Nomura Holdings is probing its India fixed-income business to determine if...
Meenakshi Dawar and Varun Goel join Reliance Mutual FundMeenakshi Dawar, Associate Vice President– Fund Management, IDFC AMC and Varun Goel, Vice President-Fund Manager, Portfolio Management Serc...
Murthy Nagarajan quits Quantum Mutual FundHis LinkedIn profile shows that he had worked around a little more than three years in Quantum AMC.
Credit Suisse chief FX spot dealer and 5 others leave bank in cost-cutting driveThe job cuts represent a "tweaking" of Credit Suisse's fixed income division following a broader and deeper shake-up in October last year, ...
PIO executive Ashok Varadhan appointed co-head of Goldman Sachs' securitiesIndian-origin Ashok Varadhan has been appointed co-head of the Goldman Sachs' securities division.
BNP Paribas asks 9 executives to leaveLast week, BNP Paribas asked nine executives from its domestic fixed income and investment banking divisions to leave.
- Nomura sees Re at 42.6 against dollar by FY'11-end
The Indian rupee is likely to strengthen to 43.1 a dollar by December and 42.6 by FY'11-end, a global financial services group today said.
- Merrill Lynch appoints Hung as Pacific Rim wealth mgt head
Global investment banking major Merrill Lynch has appointed Antony Hung as the head of wealth management in Pacific Rim region.