Qatar Islamic Bank's (QIB) capital increase subscription was four times oversubscribed, reaching QR5bn. The issuance has closed, increasing its paid up capital by 10% from QR1.79bn to QR1.969bn.
Upon joining Liberty Corner, N.J.-based Everest National Insurance Company ($886.4 million gross written premiums) in 2007 as VP of systems, Sandeep Bajaj was tasked with analyzing the P&C carrier's existing insurance system, mapping it to the business' strategy and bringing
NEW YORK, April 4 (newratings.com) - Analysts at BMO Capital Markets initiate coverage of Brocade Communications Systems Inc (ticker: BRCD) with a "market perform" rating. [more]
NEW YORK, April 4 (newratings.com) - Analysts at UBS initiate coverage of Nasdaq Stock Market Inc (ticker: NDAQ) with a "neutral" rating. The target price is set to $44. [more]
NEW YORK, April 4 (newratings.com) - Analysts at Deutsche Bank Securities initiate coverage of Cogent Communications Group Inc (ticker: CCOI) with a "buy" rating. The target price is set to $23. [more]
NEW YORK, April 4 (newratings.com) - Analysts at Friedman Billings initiate coverage of Cisco Systems Inc (ticker: CSCO) with an "outperform" rating. The target price is set to $31. [more]
NEW YORK, April 4 (newratings.com) - Analysts at Friedman Billings initiate coverage of Juniper Networks Inc (ticker: JNPR) with a "market perform" rating. The target price is set to $27. [more]
NEW YORK, April 4 (newratings.com) - Analysts at Merriman Curhan Ford initiate coverage of China Housing & Land Development Inc (ticker: CHLN) with a "buy" rating. [more]
With inflation soaring up to touch a three-year high of 7%, way above the Reserve Bank of India's comfort level of 5%, bond prices are likely to crash further, say money market players.
The country's foreign exchange reserves have gone up by a record Rs 3, 71, 336 in 2007-08. The domestic forex reserve was estimated to be Rs 8,68, 222 crore as on March 30, 2007.
The state-run Union Bank of India at Rs 1,80,000 crore has recorded a business growth of 22.18% during the year 2007-08. While bank's deposits grew by 22.41% to Rs 1,04,272 crore as against the mark of Rs 85,180 crore a
Battling inflation, the government on Friday withdrew incentives on export of basmati rice to improve supplies and check prices of the premium food grain in the domestic market.
The biscuit manufacturers have threatened that they would be constrained to raise the prices of their products by 10% within a month if the value added tax (VAT) is not reduced from the existing 12.5% to the level of 4%
Following rumours of ban on futures trading in edible oils, refined soya oil futures prices on NCDEX have recovered 4% in last three trading sessions, after a sharp dip of 10% registered in nine trading sessions, following short covering supported
Indian herbal market is registering an extremely significant growth and is likely to reach Rs 14,500 crore by 2012 and the exports to Rs 9,000 crore with a CAGR of 20% and 25% respectively.
Apollo Hospitals on Friday said that it has discontinued its franchise model for hospitals, and will restrict the model for primary health clinics only.
