SINGAPORE: Nomura, Asia’s global investment bank, on Thursday said it has appointed Indian-origin Ravi Raju as Head of International Wealth Management. In this newly created role, Raju will be responsible for expanding Nomura’s wealth management business in Asia ex-Japan as the firm taps into the growing ranks of wealthy individuals in the region, the firm … Read more
Kolkata: India may have slipped back to trade deficit after a brief surplus, but it may not get out of hand and hurt the currency as it did in the past. With the dollar flows remaining strong, it would rather be a test to the Reserve Bank of India‘s resolve in absorbing the inflows to … Read more
Nomura has initiated coverage on FMCG major Hindustan Unilever with a buy rating and a target price of Rs 2,680. According to Nomura, the downturn is the time for Hindustan Unilever and leverage its core strengths to its fullest. “We believe in this downturn HUL can further widen its competitive lead vs peers and is … Read more