Merrill Lynch Capital

• 

  Bank of America-Merrill Lynch Sees Slow Recovery In Capex

  Foreign brokerage Bank of America - Merrill Lynch (BoA-ML) on Wednesday ruled out capex recovery in the economy this year, saying more investment will begin to flow in only after the Reserve Bank cuts lending rates further.

• 

  Merrill Lynch Capital Markets Sells Some Stake in HDIL

  Merrill Lynch Capital Markets Espana has sold 11.64 lakh shares, or a 0.27 per cent stake, in Housing Development & Infrastructure Ltd (HDIL) through an open market transaction.

• 

  Adani Ports Begins Book Building for Debut Dollar Bond

  India's largest private developer and operator of ports and related infrastructure has mandated Bank of America Merrill Lynch, Barclays, Citigroup and Emirates NBD Capital as joint bookrunners and lead managers for the US benchmark debut.

• Merrill Lynch Capital Ups Stake in Welspun Projects

  Welspun Projects on Tuesday said Merrill Lynch Capital has raised its stake in the company to 7.55 per cent.

• 

  IIM-Calcutta Final Placement Attracts Big Employers in Finance, E-Commerce

  Indian Institute of Management- Calcutta (IIM-C), which achieved 100 per cent final placements for the 2013-15 batch in just two and half days, has witnessed good demand from e-commerce industry this year.

• Merrill Lynch Arm Buys HDIL Shares Worth Rs 29 Crore

  Merrill Lynch Capital Markets Espana on Tuesday picked up over 30 lakh shares of real estate player Housing Development and Infrastructure Ltd (HDIL) for nearly Rs 29 crore through the open market route.

• Promoter-Banker-Foreign Fund Nexus Under Scanner Over Participatory Notes: Report

  Suspecting illicit insider trading and market manipulation through misuse of the 'participatory note' route, the Securities and Exchange Board of India (Sebi) is probing a possible nexus between promoters of listed companies, investment bankers and foreign funds for such activities.

• Idea Raises Rs 3,000 Crore via Qualified Institutional Placement

  Idea Cellular, India's third largest telecom company, on Thursday said it has raised Rs 3,000 crore through qualified institutional placement (QIP), which witnessed strong interest from both foreign and domestic investors.

• Sebi Bars Hedge Fund in L&T Finance Insider Trading Case

  Unearthing a major insider trading case in shares of L&T Finance, capital market regulator Securities and Exchange Board of India (Sebi) on Thursday barred a Cayman Islands-based hedge fund from the Indian securities markets.

• SeQuent Scientific Surges 10% Amid Foreign Fund Buying

  Morgan Stanley Asia, Merrill Lynch Capital Markets Espana and Route One Fund bought about 0.4 million shares each at Rs 250 per share, BSE data shows.

• Wall Street Week Ahead: Don't Leave Small-Cap Stocks for Dead, Say Experts

  There are many reasons for the sharp underperformance of small-cap stocks in the past six weeks, but the recent correction may be winding down, which means investors worried about a broader selloff might be able to breathe more easily.

• Cairn India slumps 6% on muted production guidance

  Cairn India's January-March net profit rose 18.4 per cent to Rs 3,035 crore from a year earlier, the company said in a statement after the market close on Wednesday. The oil and gas explorer's net profit was helped by a more than fourfold jump in other income to Rs 320 crore from a year earlier.

• Financial Tech soars after BofA-Merrill unit buys stake

  Merrill Lynch Capital Markets Espana S.A. SVB bought 235,461 shares of the company at Rs 347.76 a share, in a transaction worth Rs 8.2 crore.

• Finance Ministry proposes BHEL stake sale through block deal to financial institutions: report

  Facing opposition from the Heavy Industries Department on disinvestment in Bharat Heavy Electricals Ltd (BHEL), the Finance Ministry is considering a 5 per cent stake sale in the power plant equipment maker to financial institutions through block deal route.

• India picks seven banks for 5% stake sale in Coal India: report

  At the current market price, the Coal India stake sale will raise about Rs 7,900 crore for the government, which is struggling with a record high current account deficit, growing fiscal pressures and a slowing economy.