Macquarie Equities Research has downgraded IT services sector to 'underweight' from 'overweight' citing demand concerns as Infosys which already has 30 per cent of staff on the bench, delays joining d

A massive capital raising is in the offing by Indian banks as they are expected to raise over USD 30 billion (Rs 1.67 lakh crore) over the next five years to cater to their growth requirements and Bas

GMR Infrastructure Ltd is in talks with three private equity investors to raise about $200 million through the sale of stakes in a number of road projects, three sources with direct knowledge of the m

Indian rupee, which breached the Rs 48 per US dollar mark to a 2-year low in the intra-day trade on Wednesday, is likely to remain under pressure in the near term and will be around Rs 47/USD by the e