'India on path to gradual, uneven recovery'

'India on path to gradual, uneven recovery'

The global brokerage firm further noted that in the short term, macroeconomic fundamentals may not have a positive correlation with market returns.

Morgan Stanley to cut up to 25% of fixed-income jobs

Morgan Stanley to cut up to 25% of fixed-income jobs

Morgan Stanley plans to cut up to 25 percent of its fixed-income jobs, according to a person familiar with the matter.

The workforce reduction will be across all regions and is set to take place in the next two weeks, the person said.

Morgan Stanley CEO James Gorman optimistic about China's economy

Morgan Stanley CEO James Gorman optimistic about China's economy

The head of Morgan Stanley maintained his positive outlook on the Chinese economy despite a continued slowdown amid lackluster domestic demand and rising external uncertainties.

India may spend $95 bn on railways over 5 years: Morgan Stanley

India may spend $95 bn on railways over 5 years: Morgan Stanley

The Indian Railways suffered in the past due to "underinvestment and poor policies", said foreign broking firm Morgan Stanley's research arm in its recent report.

Amtek Auto ropes in Morgan Stanley as advisors to pare debt

In a regulatory filing, the firm said it was considering various options, including a minority stake sale of up to 25-40 percent in its overseas business.

Morgan Stanley profit plunges 42% as trading revenue slumps

Wall Street bank Morgan Stanley's profit slumped for the second straight quarter as investors fled the bond, currency and commodity markets amid uncertainty about the timing of a US interest rate hike and concerns about China's cooling economy.

Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.

JPMorgan, Goldman Sachs, Morgan Stanley to form data company: Report

JPMorgan Chase & Co , Goldman Sachs Group Inc and Morgan Stanley are working to create a company that will pull together and clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported.

'RBI to maintain status quo on Aug 4; rate cut by March '16'

'RBI to maintain status quo on Aug 4; rate cut by March '16'

The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.

Morgan Stanley beats estimates as trading revenue jumps

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

Morgan Stanley remains bullish; retains Sensex target at 32,500

Reiterating the Sensex target of 32,500 by December, Morgan Stanley India Managing Director Ridham Desai said, "Growth is improving and inflation is going down which are good for equities.

Morgan Stanley posts highest profit since financial crisis

Wall Street investment bank Morgan Stanley reported its most profitable quarter since the financial crisis on Monday, boosted by higher revenue from trading bonds and equities.

Morgan Stanley profit jumps 60% on higher trading revenue

Wall Street investment bank Morgan Stanley reported a 60 percent rise in quarterly profit, boosted by higher revenue from trading bonds and equities.

Morgan Stanley opens 1,400-strong back-office in Bangalore

Wall Street bank Morgan Stanley Wednesday opened a back-office in Bangalore to help its global operations, which has a capacity to accommodate up to 1,400 employees.

India to clock 7.9% GDP growth in FY16: Morgan Stanley

The country's economy will grow at 7.9 per cent this fiscal and 8.4 per cent in FY 2016-17, on the back of policy reforms, spurt in domestic demand and lower inflation, according to Foreign brokerage Morgan Stanley.

Morgan Stanley says Indian economy in for good times

Predicting an average sub-5 percent inflation this year, Morgan Stanely has said India is in for a long period of higher sustainable growth and lower prices.

RIL's $15.5 bn capex to increase profits by 50% over FY15-18

Reliance Industries' USD 15.5 billion downstream refinery and petrochemical expansion projects are likely to add more than 50 percent to its pre-tax earnings over the next three years, Morgan Stanley said on Tuesday.

Morgan Stanley upgrades RIL, cites downstream expansion, telecom outlook

Morgan Stanley said it expected earnings to grow 50 percent over the fiscal years 2015 to 2018.

Late audits halt trading in Morgan Stanley-backed stocks

Two major companies in a prominent USD 1.4 billion Asia investment fund managed by New York banking giant Morgan Stanley unexpectedly told securities regulators they will not file their financial statements on time and froze trading in their stocks, actions generally considered to be cause for concern.

Google ropes in Morgan Stanley CFO Ruth Porat

Google has roped in Morgan Stanley Chief Financial Officer Ruth Porat to head the the finance operations of world's largest search engine company.