Fed rate decision: It's a 50-50 call, says Eswar Prasad

Sep 17 2015

Prasad says there has been some tightening of monetary policy already as dollar has strengthened.

'Fed unlikely to hike rates in Sept but sound hawkish'

Sep 17 2015

Ridham Desai, Managing Director & Head of India Research, Morgan Stanley, says Fed may not hike rates in September but sound hawkish

‘Few in Asia think the Fed is going to raise rates’

Sep 16 2015

TV India's Anupriya Nair and Sunanda Jayaseelan spoke to Mohammed Apabhai, Head of Asia Trading Strategy at Citigroup, on the Fed impact.

Exclusive – Call drops unacceptable, paper analysing root causes soon

Sep 07 2015

TRAI has carried out a complete analysis of data on call drops pertaining to Mumbai and Delhi to begin with. TRAI proposes to do this analysis for the entire country.

Exclusive - Cipla aims 20% of sales from US in five years

Sep 07 2015

The acquisitions InvaGen and Exelan will help Cipla raise its US sales from 8% to 20% over the next five years.

Indian Markets


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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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