Overseas acquisitions by Indian companies may stay subdued in 2011 as the highest interest rates in more than two years deter chief executives from borrowing for expansion, Bank of America Corp. said.
BusinessWeek.com — Finance
Surging Indian demand for Australian assets such as coal mines will help drive an increase in takeovers in the South Pacific nation, according to Barclays Plc, Australia’s top-ranked merger adviser.
BusinessWeek.com — Finance
Surging Indian demand for Australian assets such as coal mines will help drive an increase in takeovers in the South Pacific nation, according to Barclays Plc, Australia’s top-ranked merger adviser.
BusinessWeek.com — Finance
UBS AG, the fourth-biggest arranger of Indian share sales in 2010, said at least a quarter of its offerings scheduled for this year will be pushed to 2012 after equities slumped.
BusinessWeek.com — Finance
State Bank of India, the nation’s largest lender, plunged in Mumbai trading after fourth-quarter profit dropped 99 percent to the lowest in at least 10 years as it set aside more funds for bad loans.
BusinessWeek.com — Finance
India’s inflation rate rose more than estimated in April, adding pressure on the central bank to extend interest-rate increases as the biggest rise in gasoline tariffs in three years threatens to intensify price gains.
BusinessWeek.com — Finance
The Reserve Bank of India’s decision to double the magnitude of interest-rate increases signals it is ready to step up the battle against inflation even at the risk of damping the nation’s economic growth.
BusinessWeek.com — Finance
While stock offerings and merger activity are soaring, fees are low and competition is intense
BusinessWeek.com — Finance