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BofA Merrill turns positive on Indian banks

Bank of America Merrill Lynch upgraded State Bank of India, Bank of Baroda, and Oriental Bank of Commerce Ltd to 'buy'.The investment bank says upgrades come on the back of a steepening bond yield......

Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

Global economy will strengthen in 2013: BofA-ML

Confidence in a recovering global economy is extending to 2013 as investor fears surrounding the fiscal cliff eased, says a Bank of America-Merrill Lynch ( BofA-ML) Fund Manager Survey for......

RBI may hold rates to check inflationary pressures

However, some experts also feel that there is a case for front-loading of interest rate cut to give a push to the economy Amid rising inflationary pressures, RBI may maintain status quo in the......

Mark Zuckerberg to sell 41.4 mn Facebook shares

Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax bill, as part of an offering by the social network of 70 million Class A common......

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Bofa Merrill

News for Bofa Merrill

BofA Merrill turns positive on Indian banks

Govt mulls permitting foreign investment in LIC

Global economy will strengthen in 2013: BofA-ML

RBI may hold rates to check inflationary pressures

Mark Zuckerberg to sell 41.4 mn Facebook shares

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