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A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Canadian university inks three MoUs during India outreach; delegation meets Delhi education ministerCape Breton University (CBU) has signed three MoUs with Indian academic institutions during a multi-city outreach to foster higher educatio...
Atlantic storm Lee makes landfall in Canada with winds of 70 miles per hour, 1 man killed in MaineAtlantic storm Lee made landfall in Nova Scotia, Canada, after causing damage in New England and Maritime Canada. The storm brought destruc...
Crisis doesn’t stop some India lenders getting global loansHighly-rated firms have sought loans in the global market in recent months.
- NHL-National Hockey League roundup
ICEHOCKEY-NHL/ROUNDUP:NHL-National Hockey League roundup
IVRCL climbs 9% after allotting shares to Bank of Nova ScotiaThe company yesterday said it has allotted 6.46 lakh shares to Bank of Nova Scotia as part of Strategic Debt Restructuring (SDR).
RBI eases ECB norms, ups FII investment cap in corporate bondsThe existing limit for investment by FIIs in government securities has been enhanced to $20 bn. The lock-in period for them has also been r...
Year of risk aversion for economies and investors: Scotia Bank reportChanging regulations, government action and global uncertainty will affect investments, says a Scotia Bank report.
Apple loses to RIM in India smartphone marketApple, the world's largest smartphone maker, is having trouble selling iPhones in India, a market with 602 million active subscribers.
- Yuan to be fully convertible by 2015: China
Chinese officials told European Union business executives that the yuan will achieve full convertibility by 2015
- IBM to acquire Algorithmics for Rs 1,750 crore
Algorithmics's clients include The Allianz Group, BlueCrest, HSBC, Nedbank, Nomura, Societe Generale, and Scotia Capital.
- Re gains 13p on firm stocks, weak $
The rupee ended at 46.47, stronger than 46.60 at close on Friday.
- US jobless claims see surprise rise
More Americans unexpectedly filed claims for jobless benefits last week, indicating companies are trying to cut costs further even as the e...
- Fannie-Freddie rescue plan bolsters dollar
The dollar gathered strength on Monday, hitting an 11-month high on the euro, as news of a US government takeover of ailing mortgage giants...
- MNC financiers' arms may lose ratings support
Against the backdrop of the subprime crisis and credit crunch in overseas markets, Crisil is taking a closer look at ratings assigned to In...
- Tata panel recommends $40-b projects for govt clearance
The Ratan Tata-headed Investment Commission has identified more than a dozen projects entailing a total investment of $40 billion, includin...
- Investment Commission sees $40 bn proposals
Including an estimated 10 billion dollars by US chemical giant Dow.
- Scotiabank in talks to acquire stake in domestic NBFC
Scotiabank, the world’s largest bullion bank and the most international, among Canadian banks, has kicked off talks to pick up a stake in a...
- Weak private banks can get foreign muscle
Foreign banks going long on India can rejig their operations, and private banks, particularly the weaker ones, could change hands.
- Govt to notify 74% FDI cap in private banks soon
The government will soon come up with detailed guidelines for private banks including hike in the foreign holding from 49 to 74% and allowi...