Last Updated: Saturday, November 23, 2013, 20:02
The Board of Directors of Pfizer Ltd and Wyeth Ltd, in their respective meetings today, approved a proposal to merge Wyeth India with Pfizer India, Pfizer said in a statement.
Last Updated: Friday, October 18, 2013, 14:04
According to the BofA Merrill Lynch fund manager survey for October, investors are concerned that global economic recovery could falter, while emerging market confidence have started to rebuild.
Last Updated: Thursday, September 12, 2013, 18:46
The Reserve Bank is likely to retain the marginal standing facility (MSF) at the elevated 10.25 percent in its mid-quarter policy due on September 20 unless the US Federal Reserve defers its plan to withdraw its easy money policy, according to a report.
Last Updated: Saturday, September 07, 2013, 10:48
About 4,800 current and former female financial advisers and trainees at Bank of America and Merrill, which the bank bought in January 2009, are eligible for the latest settlement.
Last Updated: Monday, September 02, 2013, 19:19
According to the global financial services major, in terms of the average magnitude of financial vulnerability for nine major Asian countries, we are getting close to what was observed in mid-1997.
Last Updated: Thursday, August 29, 2013, 14:16
If the status quo remains, BofA-ML said "a conservative estimate is USD/INR goes to 70 year-end and 75 by-end 2014 based on NDF forward pricing."
Last Updated: Wednesday, July 31, 2013, 14:30
The rupee is not likely to settle down until the Reserve Bank of India is able to recoup the forex reserves, says a Bank of America Merrill Lynch report adding the country needs to issue NRI/sovereign bonds to hold Rs 60/USD level.
Last Updated: Tuesday, July 23, 2013, 13:52
The current account deficit of the country is "peaking" but is likely to hover around 4 percent level until 2015, says a Bank of America Merrill Lynch report.
Last Updated: Sunday, July 21, 2013, 12:04
Last week, the government permitted 100 percent foreign direct investment in telecom, versus the 74 percent ownership cap earlier.
Last Updated: Thursday, July 18, 2013, 18:01
The natural gas pricing reforms initiated by the government will help bring to production at least 12 Trillion cubic feet or nearly four KG-D6-sized gas fields, Bank of America Merrill Lynch said in a report.
Last Updated: Monday, July 15, 2013, 19:30
Markets are likely to see a limited upside of 5 percent from the current levels till November and may dip to 19,000-19,300 levels on corrections, according to a Bank of America Merrill Lynch report.
Last Updated: Sunday, July 07, 2013, 10:38
The worst is over for the Indian economy, but it is expected to see a shallow recovery based on better rains and lending rate cuts, says a report by Bank of America Merrill Lynch.
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