Standard Poor

Govt to speed up state-run bank mergers to strengthen sector, boost economic revival

Nine of the 21 state-run banks reported a net loss for the last financial year ended March. Thirteen had posted losses the previous financial year.

Tesla is looking to raise $1.5 billion as it plans to ramp up the production of Model 3

Elon Musk-led Tesla is counting on the Model 3, its least pricey car, to become a profitable, mass market manufacturer of electric cars.

Moody's downgrades China, warns of fading financial strength as debt stings

The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows, Moody's said

Govt needs to step in when credit rating agencies do a lax job

Credit rating agencies made their advent to aid small investors and others who do not have the wherewithal to carry out their own credit risk assessment.

November IIP at 5.7%: It’s early for pro-demonetisation camp to uncork the bubbly yet

There is protruding disconnect between the November IIP figures and a host of high frequency indicators.

Raghuram Rajan’s memo: For poor, inflation is the big worry, not GDP number

The recent trend on consumer inflation is indeed worrying.

France: The things that investors just can't overlook

No doubt, France is under attack from the markets. As the debt contagion spreads rapidly across Europe, there is speculation swirling that the next target is Italy.<br /><br /> <br /><br />

As stock splits wane, more may follow Google to $1,000

With its surge on Friday, Google Inc became the latest member, though not likely the last, of a tiny fraternity of companies that boast $1,000 share prices....

Warner Music&#039;s Ownership Changes Hands

Warner Music has been sold to the Russian tycoon, Len Blavatnik for $3.3 billion.