Morgan Stanley
India | Tuesday, 7 October 2008

Bank Articles

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31. Lakshmi Mittal hops aboard Goldman Sachs board
Lakshmi N. Mittal, world's fifth richest man and owner of steel behemoth ArcelorMittal, has been appointed as an independent director of the 13-member board of Goldman Sachs Group Inc, the world's oldest and largest investment bank.
30 Jun 2008
32. Double Whammy: RBI's move set to hit India Inc., consumers
The sudden hike in key interest rate and commercial banks' mandatory reserve requirements by 50 basis points (bps) by the central bank of India has unnerved both corporate leaders and consumers.
26 Jun 2008
33. India's central bank RBI hikes repo rate, CRR by 50 basis points to tame inflation
India's central bank, the Reserve Bank of India (RBI) moved Tuesday to hike key interest rate as well as banks' mandatory reserve requirement by 50 basis points (bps) or 0.50 percent in an effort to tame inflation.
25 Jun 2008
34. Japan's SoftBank unveils slimmest waterproof mobile phone
Japan's SoftBank Mobile Corp. has launched what it calls the world's slimmest waterproof mobile phone, the 923SH.
23 Jun 2008
35. Are you inflation-proof? Tips on weathering the storm
There are dark clouds looming on the horizon. Double-digit inflation rate and record high global crude oil prices, which refuse to see south, are the consumer's (and any government's) worst nightmares.
22 Jun 2008
36. World Bank cuts 2008 GDP growth outlook, blames high food and fuel prices
Global financial crisis, economic slowdown in developed economies and surging inflation are going to hinder the rapid pace of growth in developing economies this year, the World Bank said.
18 Jun 2008
37. Borrowers feel the pinch as RBI hikes repo rate by 25 basis points
India's central bank, the Reserve Bank of India (RBI), in an unexpected move, hiked its key interest rate on Wednesday by 25 basis points to contain inflation but it may spell further bad news for the consumers who are already reeling under high food and oil prices.
12 Jun 2008
38. BSE Sensex snaps 3-day losing streak, climbs 296 points to close above 15k
The Bombay Stock Exchange (BSE) Sensex surged 1.99 percent on Wednesday, breaking its 3-day losing streak, even as shares of Ranbaxy Laboratories touched a 3 and 1/2 year high on news that Japanese drugmaker Daiichi Sankyo had made a friendly offer worth up to $4.6 billion to take majority control over the pharmaceutical major.
11 Jun 2008
39. BSE Sensex loses 177 points, ends below 15K level on weak Asian cues, inflation worries
The Sensex, the prime index of the Bombay Stock Exchange (BSE) tumbled 1.17 percent on Tuesday to touch its lowest level this year, dragged by inflation concerns and weak Asian cues.
10 Jun 2008
40. HSBC to acquire Indian brokerage firm IL&FS Investsmart for $261 million
World's leading bank HSBC said, Saturday, it will acquire a controlling 73.21 percent stake in Indian brokerage firm IL&FS Investsmart for $261 million.
19 May 2008
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