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RBS slashes Nifty target to 9,200 citing reform delays

The Royal Bank Scotland on Thursday lowered its forecast for the NSE Nifty to 9,200 points from 10,000 it pegged in December. The bank cited delayed reforms because of state elections later this......

Leena Gidwani is RBS' market head for W India

The Royal Bank of Scotland Group on Tuesday appointed Leena Gidwani as Market Head, Western Region, for its private banking business in India. Gidwani will be based in Mumbai, overseeing a team of......

Why IPOs can't bank on the rich

The revival of a practice by which brokerages lent capital to high net worth individuals to finance their participation in initial public offerings might be affected by Companies Act norms on how......

Now, Morgan Stanley downgrades IT stocks

The BSE’s index of Information Technology (IT) stocks is down 2.71 per cent since January, compared to a 6.8 per cent gain in the Sensex. IT stocks might continue to lose appeal, suggested a......

Sebi eases FII investment in debt

Does away with much of auction process in this market and reinvestment checksThe Securities and Exchange Board of India (Sebi) has allowed foreign institutional investors to get directly in the......

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