morgan stanley


'China startup Nio hires eight banks for up to $2 billion US IPO'

Feb 28 2018

China’s Nio has hired 8 banks including Morgan Stanley and Goldman Sachs to work on a planned US stock market listing this year worth up to $2 billion.

BASF expects profit gain on specialty chemicals rebound

Feb 27 2018

BASF was aiming for a gain of up to 10% in group operating profit this year as it bets on a rebound in specialty chemicals to offset an expected weaker performance.

BSE Sensex extends rally; Nifty reclaims 10,600 level

Feb 27 2018

BSE Sensex gained over 132 points to 34,578.39 in early trade today, rising for the third straight session today on buying by DIIs amid strong global cues.

CPI inflation to trend higher; chances of rate hike rising

Feb 26 2018

Inflation is expected to trend higher and though RBI may keep policy rates on hold in 2018-19, there are also increasing chances of a rate hike, says a UBS report.

India's Dec qtr GDP growth likely to be 7%: Report

Feb 26 2018

India's economic recovery is expected to have gathered momentum and GDP growth for the Dec quarter is likely to have accelerated to 7%, says a report.

RBI MPC's next move likely to be rate hike: Morgan Stanley

Feb 25 2018

Monetary Policy Committee's next move will likely be a rate hike but this will not be taken up immediately as a recovery is still at nascent stage, says Morgan Stanley.

'PNB will need to own responsibility for 'bonafide transactions''

Feb 19 2018

PNB, will need to honour the “bonafide” transactions that have occurred through the bank’s platform, a finance ministry official said.

'Reserve Bank to maintain status quo through first half of this year'

Feb 18 2018

The Reserve Bank is expected to be in wait-and-watch mode in the near term, and is likely to maintain status quo, through the first half of this year, says a report.

Citigroup raises CEO Corbat's pay 48 percent to $23 million

Feb 16 2018

Citigroup Inc raised CEO Michael Corbat’s annual compensation by 48 percent to $23 million for 2017, a year in which the bank made more money from operations.

Investors await Goldman's $5 billion answers as trading picks up

Feb 13 2018

Goldman Sachs Group Inc’s trading division was caught “wrongfooted” last year, bracing for a return of volatility that did not materialise on financial markets.

Indian Markets


    32,923.12 252.88   (-0.76 %)

    10,094.25 100.90   (-0.99 %)

Global Markets


Stocks In News



Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric

Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years

Group is entering into a management contract with The Park Hotels



Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh


Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr

Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders

Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils

The govt announced in the budget a hike in import duty to 30-35%

Businessline Reports


TPG Cap and Manipal Health are eyeing controlling stake in the co

Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors

Will have to buy at least 26% stake through Voluntary open offer as part of takeover code

A 26% shareholding will automatically trigger the mandatory open offer for additional 20%

Business Standard Reports


TRAI issues show-cause notice to co

Seeks details of non-transparent, discriminatory tariffs to consumers

Have to respond till Mar 25

Action to depend on if tariff reported to regulator or not

Notice first one after TRAI issued tariff order on predatory pricing

Economic Times Reports

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