Indian stock-index futures gained after benchmark indexes climbed to a one-week high and foreign inflows climbed to the highest level this year.
Investment banks from UBS AG to Morgan Stanley spent half a decade building their operations in India, betting that a growing economy would trigger a boom in mergers and stock sales. They’ve spent the last three years reversing that expansion.
One of the fullest, freest and most feted Indian lives of the last century came to an end Dec. 11, when Pandit Ravi Shankar passed away at the age of 92 in San Diego.
Ravi Shankar, the sitar player and composer described as the “godfather of world music” by Beatles guitarist George Harrison, has died. He was 92.
Ravi Shankar, the head of UBS AG’s investment banking unit in India, left Switzerland’s biggest bank.
Ravi Shankar, the sitarist and composer described as the “godfather of world music” by Beatles guitarist George Harrison, has died. He was 92.
The first man on the moon, the first U.S. woman in space and the first black Federal Reserve member were among the notable deaths in 2012.
London police chose not to investigate JC Flowers & Co.’s former chief executive after regulators fined him for faking invoices to take money from a company the private equity firm invested in.
Earnings forecasts for the biggest Indian companies are declining again as profits grow at the slowest pace since the financial crisis, according to Credit Suisse Group AG.