Page 7 - Morgan Stanley

Ruchir Sharma quits Morgan Stanley after 25 years

Sharma joined Morgan Stanley Investment Management in 1996 and is the author of bestsellers including 'Breakout Nations' in 2012

Indices post biggest fall in 6 mths as inflation, valuation trigger selloff

Sentiment was further dented with Morgan Stanley becoming the latest foreign brokerage to sound caution on the domestic market

Morgan Stanley downgrades Indian markets, advises partial sell-off

Is the latest global brokerage to either downgrade India or recommend higher allocation to other Asian markets

Sharpest stock slump in six months: Factors that caused markets to crash

The S&P BSE Sensex slid 1.9% in its biggest loss since April 30

Morgan Stanley downgrades Indian equities over expensive valuations

Morgan Stanley's downgrade follows similar moves by Nomura and UBS

Morgan Stanley's robots saved 50,000 hours of work, says report

Morgan Stanley figures it has saved legal staffers 50,000 hours of work and $10 million in attorney fees by using robot Libor lawyers instead of only the human kind

Morgan Stanley names Anahita Tiwari head of India global in-house centres

She joins Morgan Stanley from JP Morgan Chase India where she was the head of Global Finance and Business Management and is a certified chartered accountant

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Morgan Stanley said it believes Tata Motors will see the highest operating and financial leverage gains

Tata Motors' stock revs up to near 4-year high on Morgan Stanley upgrade

Shares of India's Tata Motors surged to their highest levels in nearly four years on Thursday after Morgan Stanley Research upgraded the stock

Reliance to transform energy business, says Morgan Stanley

Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy

Sterling Accuris to raise Rs 250 crore from fund managed by Morgan Stanley

Diagnostic lab chain Sterling Accuris Wellness on Monday said it has inked a pact to raise Rs 250 crore from a fund managed by Morgan Stanley Pvt Equity Asia in order to expand operations. Sterling, which started operations in 2016, has over 1,000 employees and operates around 150 labs and collection centers in Gujarat, Delhi, Rajasthan and Madhya Pradesh. The company is aiming a revenue of around Rs 250 crore in the current fiscal year. As diseases become more complex, the need for their quick and accurate diagnosis through testing will become more critical," Sterling Accuris Chairman Girish Patel said in a statement. This will lead to increased customer preference towards organised pathology lab networks, he added. "Over the last five years, Sterling Accuris have built a strong business in the markets we operate in and the growth capital infusion from a seasoned investor like Morgan Stanley will help the team accelerate the execution of our expansion plan," Patel noted. During

China may initiate restructuring of Evergrande Group, says Morgan Stanley

Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.

Puravankara hits pause button on warehousing JV with Morgan Stanley

Morgan Stanley is scouting for deals, signing JVs in warehousing

India's inclusion in global bond may attract $170 to $250 bn in inflows

Morgan Stanley said on Thursday it expects India to be included in global bond indices in early 2022 and the index inclusion will attract USD170 to 250 billion in bond inflows in the next decade

Morgan Stanley sees India winning global bond index spot early next year

JPMorgan's influential GBI-EM and Global Aggregate indices are likely to include India in early 2022, Morgan Stanley's analysts said

Morgan Stanley to Citigroup turn sour on US equity outlook

Morgan Stanley slashed US equities to underweight and global stocks to equal-weight on Tuesday, citing "outsized risk" to growth through October.

Morgan Stanley maintains India GDP growth estimate of 10.5% for FY22

Morgan Stanley on Wednesday maintained its estimate of India GDP growth at 10.5 per cent for FY2022 versus the general consensus of 9.2 per cent

Ola picks banks for $1 billion IPO, may file papers in Oct: Report

The Bangalore-based startup could seek a valuation of more than $8 billion in the IPO and could lodge a filing as soon as October, people familiar with the matter said

GDP levels in Asia to exceed pre-Covid path from 1Q22: Morgan Stanley

Covid-19 remains an overhang on the near-term growth outlook of Asia and lockdown measures are constraining consumption growth, Morgan Stanley said on Friday.Strength in exports and capex has lifted Asia's overall GDP closer to its pre-Covid path, but consumption remains below its pre-Covid path, it said in a research report titled 'The Viewpoint: The Next Phase in Asia's Recovery' authored by Chetan Ahya, Derrick Y Kam and Jonathan Cheung.However, the report forecast vaccination rates for adult population reaching 80 per cent or higher in 10 out of 12 economies (accounting for 95 per cent of the region's GDP) in the region by 4Q21."These high rates of vaccinations will allow policymakers to shift their Covid management strategy and allow restrictions to be relaxed, which we expect in turn lead to a full-fledged recovery in growth from early next year."Powered by all its engines, said the report, Asia's growth momentum should improve in the coming quarters. GDP levels will exceed ...

Global banks' $170-billion haul marks most profitable year ever

As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear