BNP Paribas acquires broking firm Sharekhan for over Rs 2,000 crore

  French banking major BNP Paribas on Thursday reached an agreement with the shareholders of Sharekhan to acquire 100 per cent equity stake in the Indian brokerage for an undisclosed amount.......

China posts slowest growth in 24 years

A series of modest support measures from the government over the year helped stave off worries of a more dramatic slowdown Image: China services industry growth slows, confirms year-end......

RBS, Societe Generale may cut over 11,500 jobs

More than 11,500 banking jobs could be axed globally as a result of separate restructuring initiatives being undertaken by two European banks, RBS and Societe Generale, media reports have said.The......

Markets gain on IT shares, European cues

The markets surged in late-noon trades as investors bought shares from select sectors.A recovery in European markets also helped the Sensex to climb to a high of 16,754.The BSE benchmark index......