MARKETS
FINANCIAL SERVICES
Lehman Brothers buying Brics unit
Global investment bank Lehman Brothers has agreed to acquire the institutional equity group of Brics Securities, which is a part of JV Gokal Group. The terms of the transaction were not disclosed. The transaction will significantly expand Lehman ...
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INSIGHT
Increasing disconnect between economy and stock market
The country’s capital market is increasingly influenced by global developments because of the active participation by FIIs and big corporates’ growing appetite for global borrowings. This is leading to a widening disconnect between the st ock market and the economy, which is expected to grow at more than 9 per cent in coming years, points out R. VAIDYANATHAN.
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STOCK EXCHANGES
DSE stake: FIPB may consider four proposals tomorrow
New Delhi, Aug. 15 The Foreign Investment Promotion Board (FIPB) is likely to consider on Friday a clutch of four investment proposals that would lead to buyout of 16 per cent stake in Delhi Stock Exchange, which is one of the country’s ...
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