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Merrill Lynch posts $9.8-billion Q4 loss

American financial giant Merrill Lynch & Co has posted a loss of $9.8 billion in the fourth quarter of the fiscal year 2007, following a $11.5 billion writeoff related to home-loan defaults. It had......

Merrill Lynch to auction Indian art

Merrill Lynch will auction 40 lots of exclusive Indian artwork on October 5 at Mall Galleries in London. In one of the largest initiatives by a non-auction house to cash in on the growing......

Citi joins list of foreign banks scaling down India ops

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

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,......

What Was The Secret Of Rakesh Jhunjhunwala's Success?

His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu. Illustration: Dominic......

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Merrill Lynch Biggest

News for Merrill Lynch Biggest

Merrill Lynch posts $9.8-billion Q4 loss

Merrill Lynch to auction Indian art

Citi joins list of foreign banks scaling down India ops

Govt mulls permitting foreign investment in LIC

What Was The Secret Of Rakesh Jhunjhunwala's Success?

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