If Alphabet shares outperform the S&P 100 Index, Pichai could receive an additional $90 million in stock grants.
Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent
S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front
The nation's economy grew at a pace of 5.8 per cent year-over-year in the second quarter of 2019 and data for the third quarter are due in December
The outlook revision reflects view that Tata Steel will deleverage slower than earlier expectations as the outlook for steel prices weakened materially over the last three quarters
The Dow Jones Industrial Average rose 10.10 points, or 0.04%, at the open to 27,701.59
The Dow Jones Industrial Average fell 100.58 points, or 0.36%, at the open to 27,580.66
The better-than-projected economic performance of China and India over the past two decades contrasts with disappointing results in Brazil, Russia, and South Africa
The RBI has appointed an administrator and superseded the board of directors at PMC, after the discovery of major financial irregularities
The growth and profitability of finance companies (fincos) are also likely to remain under pressure, S&P said
Jerome Powell says will 'act as appropriate' to support growth as indexes fall.
The Dow Jones Industrial Average rose 34.83 points, or 0.14 per cent, at the open to 25,514.25
The S&P 500 index has now sunk 4.5 per cent since President Donald Trump announced a fresh round of tariffs on Chinese imports
Ratings agency S&P has reaffirmed Tata Motors' long-term issuer and issue credit ratings to be 'vulnerable to nonpayment' while keeping the outlook negative. S&P Global Ratings said it has reaffirmed 'B+' on Tata Motors' long-term issuer and issue credit ratings while keeping negative outlook due to high cash burn at its British arm Jaguar Land Rover, geopolitical risks such as Brexit and the US tariffs, and India's automotive market slowdown. The ratings agency has also removed the company from CreditWatch stating geopolitical risks could take longer than expected to play out. "We expect Tata Motors' cash flow to stay negative at least for the next 12-24 months until global automotive demand recovers, the company's Chinese operations stabilise, and the expected cost cutting restores its financial health," S&P said in a statement. Tata Motors' first-quarter fiscal 2020 performance remained weak, despite expectations of a recovery over the next 12-24 months, it added. "In
The global rating agency's calculation of risk-adjusted capital for most rated Indian PSBs is 5-7 per cent, and this is one of the key rating constraints
For all the talk of easing trade fears or a dovish Fed, incremental increases in allocation are one technical reason for the breadth and speed of the rally
International rating agencies have been raising a red flag over the high debt-to-GDP ratio of India
The Indian infrastructure companies will deleverage even as they maintain elevated capex levels as many will see rising cash flows on the back of new capacity additions, said S&P
(Reuters) - The benchmark S&P 500 breached the 2,700-mark for the first time shortly after open on Wednesday, while the Nasdaq and the Dow hit records on a strong run in technology stocks.
The ratings agency retained its BBB- rating while taking a favourable view on reforms being undertaken.