What once seemed unthinkable is now being discussed openly in Brussels. Greece could leave the eurozone following parliamentary elections on Sunday. All sides are playing a high-stakes game of poker. Those who want to discover...
After the news that a paralysed woman used brain waves to direct a robotic arm to pick up a cup of coffee, expectations have grown. But those who want to see the technology widely available...
IMF Chief Christine Lagarde believes Latvia should serve as an inspiration for European leaders struggling to get on top of the debt crisis. She’s praised the Baltic state’s unwavering austerity course. The head of the...
GlobalOutlook, a leading secure cloud-based Business Communication Service provider today announced the appointment of Prabhakar Reddy as their Global CEO. The appointment follows the February announcement by Naya Ventures that the fund would be committing...
People in the eurozone have had enough of austerity. The new French president’s talk of growth is music to their ears. But the question is: How do you create growth without going into debt? Since...
Over-the-counter (OTC) derivatives structurers operating in the new Dodd-Frank and European Market Infrastructure Regulation (EMIR) world will need to shell out more collateral in the form of cash and high-quality assets to prevent systemic risks,...
It is most anticipated event for the financial community from where market participants gets cues for the current state of affairs and central bank’s take on various issues such as liquidity, interest rates, fiscal deficit...
Film actors Nagarjuna Promoted Annapurna Studios invested Rs 100 cr to develop mega large facility with international production and post-production facilities. As of now company plans to develop One lakh sq. ft. of space. About Annapurna Started...
Dr Prathap Reddy promoted Apollo Hospitals Group [stockquote]APOLLOHOSP[/stockquote] will invest Rs 1,500 crore on capacity expansion in next 3 years. It will increase the number of its beds to more than 11,500 by March 2014....
Shares of Delhi based “Parsvnath Developers” [stockquote]PARSVNATH[/stockquote] gained over 10 per cent amid speculation that corporate biggies have lined up to acquire its commercial property in central Delhi. Corporates who are interested includes Sahara Group,...
Non-Banking Finance Company(NBFC) DMI Finance has acquired 16 per cent equity stake in Alchemist Asset Reconstruction Company for an undisclosed sum. DMI Finance was established in 2009 by Ex Citigroup executives Mr Yuvraj C Singh...
The RBI has approved Brickwork Ratings as an eligible Credit Rating Agency for bank loans/facilities. In effect, the RBI has accorded Brickwork, the ECAI (External Credit Assessment Institution) status under Basel norms. RBI issued a...