Tag: Credit Suisse

Bharti Airtel stock’s fate tied to ARPU numbers

If the ARPU numbers rise telecom stocks like Bharti Airtel will go up, explains Mahantesh Sabarad of SBICAP Securities in this interview with ET Now....

Warburg Pincus buys folding carton manufacturer Parksons Packaging

Global private equity fund Warburg Pincus has acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. As part of the...

Brokerages downgrade India’s GDP growth projections for FY’22 amid resurgence of Covid cases

With the resurgence of COVID-19 cases posing risks to economic recovery, leading brokerages have downgraded India‘s GDP growth projections for the current fiscal year to...

Archegos fallout: Hedge fund fallout wipes over $9 bn from market value of Credit Suisse, Nomura

LONDON: Shares in Nomura and Credit Suisse fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week...

Sona Comstar IPO: Blackstone-owned auto parts firm Sona Comstar set for Rs 6,000-cr IPO

Mumbai: Sona Comstar, leading Indian auto component maker owned by PE fund Blackstone Group Inc, is set to raise about Rs6000 crore ($825 mn) through...

India FII inflow: India ‘best story’ in Asia, may see a bigger deluge of FII money

MUMBAI: The Indian equity market has seen net foreign portfolio inflows of $5.2 billion in January and February so far, which is already one-fourth of...

ITC shares: ITC firing on all cylinders. Will Q3 earnings come as a shot in the arm?

NEW DELHI: Status quo on taxes on tobacco and cigarettes in the Union Budget has given a new life to the ITC stock, which has...

ITC Ltd.: ITC tanks on new cigarette policy; analysts say long-term story intact

MUMBAI: The recent rally in the shares of ITC may fizzle out in the short term due to the possible sentimental impact of the draft...

Credit Suisse says Aramco may revive RIL deal if oil prices continue to rise

MUMBAI: Foreign brokerage firm Credit Suisse believes that global oil producer and refining giant Saudi Arabian Co, better known as Saudi Aramco, may revive its...

Scrapping of IUC levy benefit for VIL, neutral for Airtel, some impact for Jio: Credit Suisse

NEW DELHI: The elimination of inter-operator IUC charges may result in certain EBITDA gains for Vodafone Idea and some impact for Jio, while it will...

Credit Suisse misses expectations as 3rd-quarter net profits plunge 38%, hit by a slowdown in wealth management

Thomson Reuters Credit Suisse posted a 38% drop in third-quarter net profit, well below analyst expectations, as Switzerland’s second-biggest bank saw a slowdown in...

Q2 preview: Voda Idea losses may narrow; management commentary key

Mumbai: Telecom major Vodafone Idea is likely to narrow its losses in the September quarter from the record loss it reported in the year ago...

Credit Suisse fired a banker who forged a wealth-management client’s documents and cost the firm $11 million, a new report says

Reuters Credit Suisse found that a banker drove a loss of roughly 10 million francs ($11 million) after forging documentation for an African wealth-management client,...

Market frenzy: Coronavirus crisis a window of opportunity for bankers to the rich

ZURICH/LONDON: When markets slumped in March as the spread of coronavirus gathered pace, wealth managers’ trading volumes soared as ultra rich clients reshuffled their portfolios....

Jiomart: Reliance and Facebook that rolled JioMart WhatsApp will have long term benefits for both: Credit Suisse

Mumbai: Reliance Industries Limited (RIL), which has rolled out JioMArt Services using WhatsApp is set to have multiple benefits but would take time to accrue...

Financial sector to see more trouble before seeing any improvement: Jitendra Gohil

How are you analyzing the selloff which the market has gone through? How have your clients coped with what has happened till now?I am having...