The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed......
India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Photograph: Arnd Wiegmann/Reuters Although......
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank’s India employees a glimmer of hope. Photograph: Arnd Wiegmann/Reuters The......
FIIs hold as much as 27 per cent in the over $1.6 trillion Sensex market capitalisation as of the September quarter, which is at a historic high. Swiss brokerage Credit Suisse on Wednesday said the......
Close on the heels of the alleged money laundering by farm owner Hasan Ali Khan through Switzerland-based bank UBS, Europe's biggest bank by assets, another Swiss bank, Credit Suisse, has come......
Leading global brokerage Credit Suisse India said the Sensex, which is now trading at 15 per cent premium over the 2009 levels, will add another nine per cent in 2011. Describing the domestic......