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Friday, April 26, 2024
TopicMorgan Stanley

Topic: Morgan Stanley

Investors’ scepticism about India ignores ‘significant changes’ since 2014, says Morgan Stanley

In a report released this week, Morgan Stanley said India in 2023 has made significant progress on various economic metrics compared to where it stood in 2013.

Morgan Stanley’s former mergers & acquisitions head in India, S. Sundareswaran, rejoins firm

Sundareswaran will be heading Morgan Stanley’s M&A business in the country and will also be leading financial sponsors coverage, people familiar with the matter have said.

Software firm Freshworks shares jump 32% after $1 billion IPO

The firm, which was founded in India & moved to Silicon Valley, boosted revenue about 40% last year after pandemic forced businesses to go digital. Its sales continue to grow in 2021.

Aisha de Sequeira — ‘daughter of Goa’ & Morgan Stanley India co-head who idolised Steve Jobs

One of India’s most powerful women in business, de Sequeira, who died of cancer Thursday, led various key deals such as Facebook and Google’s investments into Jio Platforms.

Morgan Stanley veteran, top India dealmaker Aisha de Sequeira dies at 51

Sequeira, who spent more than 25 years at the US firm, was a senior M&A banker and took on the role of co-head of India in 2013.

‘Keep the faith, trust the recovery’, Morgan Stanley says in its outlook for 2021

In an outlook for 2021, Morgan Stanley recommended investors overweight equities and corporate bonds against cash & government debt, and sell the US dollar.

Global economy is set for a V-shape recovery, Morgan Stanley economists say

Predicting a ‘sharp but short’ recession, Morgan Stanley economists said they expect global GDP growth will recover to 3% by the first quarter of 2021.

Morgan Stanley sees hope for Indian banks after SC cleared Essar Steel purchase

SC ruling allowing ArcelorMittal’s purchase of Essar Steel puts banks in better position to get money back from insolvent companies, Morgan Stanley says.

Vodafone Idea picks banks to sell its fibre assets and boost finances

A deal, if successful, would help Vodafone Idea add to the funds it’s been raising to pare debt and fend off rivals Airtel and Jio.

HDFC picks Bank of America, Morgan Stanley to manage IPO of its non-bank finance unit

HDFC plans to sell the shares in HDB Financial Services Ltd. and raise about Rs 100 billion, generating funds that will help it expand lending amid a crunch faced by shadow banks.

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.