Execution, capital issues persist in infra sector: BofA-ML
Noting that infrastructure is witnessing a gradual revival, a BofA-ML report said the sector is still faced with challenges in terms of working capital requirements and execution issues.
Sep 08, 2015, 23:24 PM IST
Markets to remain volatile in Sept-Nov: BofA-ML
Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections, Bank of America Merrill Lynch (BofA-ML) said in a report.
Sep 07, 2015, 18:25 PM IST
Fed rate hike, earnings, Bihar polls to drive Indian markets: BofA
According to the global financial services major, if markets price-in a Fed rate hike, it will get easier for the RBI to cut rates by 25 basis points on September 29.
Aug 27, 2015, 16:03 PM IST
RBI to pause on Aug 4, 50bps cut likely in early 2016: BofA-ML
The Reserve Bank is likely to maintain a status quo on rates in its third bi-monthly policy meet on August 4, taking into account "poor rains" and will go for a 50 basis points rate cut in early 2016, a Bank of America Merrill Lynch report said today.
Jul 27, 2015, 16:03 PM IST
Rains key to August 4 RBI rate cut: BofA-ML
"We worry about the dry spell since late June as the bulk of the cropping takes place in July and August," BofA-ML said adding that "rains have slipped to 92 per cent of normal from 116 per cent in June".
Jul 20, 2015, 15:28 PM IST
Indian IT firms to see marginal impact of Greek crisis: BofA
Large IT companies in India are likely to see a marginal 1-2 percent earnings impact from the economic crisis in Greece due to their exposure to Europe, while their direct revenue exposure to Greece is "practically zero", a research report said today.
Jul 01, 2015, 13:18 PM IST
India beats China as most favoured emerging market: BofA-ML
India topped the global emerging market investors' country preference chart followed by China and Poland in the second and third place, respectively.
Jun 21, 2015, 11:42 AM IST
BofA raises oil price forecasts for 2016
Bank of America Merrill Lynch has revised upward its oil price forecasts for 2016, but said it remained bearish amid oversupply, weak demand from emerging markets, a return of US shale production and expectations of a deal on Iran.
Apr 27, 2015, 17:56 PM IST
'FII holding in Sensex hits new high in Q3 at 23% of m-cap'
Foreign institutional investors' holdings in 30 Sensex companies have reached an all-time high of over 23 percent of the total market cap, as per data collated by Bank of America Merrill Lynch.
Feb 24, 2015, 00:22 AM IST
SBI appoints 9 merchant bankers for Rs 15,000 crore share sale
Country's largest lender State Bank of India (SBI) on Wednesday kicked of its largest-ever fund raising drive to raise up to Rs 15,000 crore by picking up as many as nine investment bankers, including Goldman Sachs, Barclays Plc and Bank of America Merrill Lynch (BofA-ML), sources said.
Feb 11, 2015, 22:20 PM IST
RBI may hike FII investment in G-secs by USD 5 bn post-Budget
The Reserve Bank is likely to increase the investment limit for foreign portfolio investors in government securities by USD 5 billion, once the Budget is announced, says a report.
Feb 08, 2015, 13:18 PM IST
Mirach gave forged BofA letter, to take legal action: Sahara
Stung by a "forged letter" claiming USD 2-billion funding through Bank of America, crisis-hit Sahara group today said it has been "cheated" by US-based Mirach Capital and would take all suitable legal action against the firm and its officers.
Feb 05, 2015, 23:58 PM IST
Mysterious turn to Sahara's $2-billion deal; BofA says not a banker
Crisis-ridden Saharas' efforts to raise funds to secure bail for its chief Subrata Roy have taken a mysterious turn, with Bank of America refuting claims of it being the banker for a USD 2-billion financing package offered to the group by a US-based entity.
Feb 05, 2015, 14:19 PM IST
BofAML sees 0.25% rate cut by RBI in Feb, total 0.75% in 2015
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 percent at the February review meet and will do cuts of 0.75 percent in 2015.
Dec 05, 2014, 19:33 PM IST
India headed for capex revival, $360 bn in orders - BofA
Bank of America Merrill Lynch expects capex revival for India.
Nov 19, 2014, 13:06 PM IST
British banker appears in Hong Kong court charged with double murder
A British banker appeared in a Hong Kong court on Monday charged with the grisly murder of two women whose bodies were found in his upmarket apartment, one of them decomposing in a suitcase.
Nov 03, 2014, 10:17 AM IST
RIL launches sale of Eagle Ford Basin JV stake: Sources
Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources Co, a sale that could raise as much as $4.5 billion, according to people familiar with the matter.
Oct 10, 2014, 23:49 PM IST
RBI to cut rates by 0.75% in 2015, starting Feb: BofA-ML
The Reserve Bank is likely to cut rates beginning February as inflation is expected to reach the targetted 8 percent by next January, says a Bank of America Merrill Lynch report.
Oct 08, 2014, 16:04 PM IST
'Worst over for India, rating agencies likely to upgrade outlook'
Global brokerage Bank of America Merrill Lynch on Thursday said "worst is over" for India and rating agencies are likely to upgrade their outlook for the country sooner rather than later.
Sep 11, 2014, 15:51 PM IST
Rupee to hold at 58-62/USD; RBI to buy $40 bn by Mar-16: BofA
The global brokerage firm further said that the Reserve Bank of India would need to raise USD 40 billion by March 2016, just to maintain import cover at the present eight months.
Sep 08, 2014, 14:56 PM IST
