Morgan Stanley: News

Morgan Stanley-backed Ixigo's IPO opens for subscription: Should you invest?

The initial public offering (IPO) of Le Travenues Technology, the parent company of the popular travel platform Ixigo, has opened for subscription today. The IPO will close on June 12.

30 May 2024

Elon Musk

Elon Musk accused of covert Twitter stock acquisition before takeover

Elon Musk is facing a lawsuit accusing him of secretly acquiring a multibillion-dollar stake in Twitter in early 2022 before eventually acquiring it.

Hindalco-owned Novelis aims for $12.6 billion valuation with US IPO

Novelis Inc, a subsidiary of Hindalco Industries, is targeting a valuation of up to $12.6 billion, through its initial public offering (IPO) in the United States.

27 May 2024

Hyundai India

Hyundai onboards top advisers for IPO of its India unit

South Korean automaker Hyundai has reportedly engaged the services of Kotak and Morgan Stanley as advisers for its forthcoming initial public offering (IPO) in India.

15 May 2024


Virat Kohli-backed Go Digit raises $141M funding as IPO opens

Indian insurance startup, Go Digit, has successfully secured $141 million from a group of investors as its initial public offering (IPO) opens today.

16 Apr 2024

Federal Reserve

Morgan Stanley forecasts no rate cuts for India in 2024-25

Morgan Stanley's team of analysts predicts that India is unlikely to lower its interest rates in the fiscal year 2024-25.

05 Apr 2024


Google parent considers acquiring marketing software firm HubSpot

Alphabet Inc., the parent company of Google, is considering a bid to acquire online marketing software firm, HubSpot, according to Reuters.

02 Apr 2024


Nifty Realty rises to all-time high: Will real-estate boom continue?

Nifty Realty index gained 2% today, hitting a record high of 959.1.

India's growth unlikely to match China's historic levels: Morgan Stanley

Morgan Stanley's Chief Asia Economist, Chetan Ahya, suggests that India may not match China's historic growth rates of 8-10%.

06 Mar 2024


Lionsgate announces development of 'John Wick,' 'Twilight' series

Lionsgate is developing an animated series based on the Twilight books, as confirmed by company Vice Chairman Michael Burns. The announcement came during a media conference organized by Morgan Stanley.

13 Feb 2024

Stock Market

BHEL, PNB enter MSCI as India's weightage reaches historic high

India has reached a record high of 18.2% in the MSCI Global Standard (Emerging Markets) Index after the February review.

13 Nov 2023

Stock Market

Morgan Stanley expects S&P 500 to hit 4,500 by 2024-end

On Monday, Morgan Stanley revealed its projection for the S&P 500 to reach 4,500 by the end of 2024, indicating a 2% increase from its present standing.

13 Nov 2023


India's GDP to grow 6.5% in FY24, FY25: Morgan Stanley

Morgan Stanley Research on Monday forecasted a 6.5% economic growth for India in FY24 and FY25, attributing this growth to solid domestic fundamentals.

11 Sep 2023


Dojo integration could add $500bn to Tesla's value: Morgan Stanley

Tesla's Dojo supercomputer, designed to handle massive amounts of data for training driving systems, has the potential to add up to $500 billion to the company's market value, according to Morgan Stanley.

08 Sep 2023


Morgan Stanley to soon unveil its AI chatbot for bankers

Morgan Stanley is set to launch a generative artificial intelligence chatbot, this month. It has been in testing with 1,000 financial advisers for quite some time now.

How Wall Street banks are using AI to change finance

As the artificial intelligence (AI) revolution unfolds, businesses are finding it hard to withstand the pull of the new technology. From corporations to mom-and-pop shops, everyone wants a piece of the AI pie.

09 Nov 2022

Indian Economy

India will be third-largest economy by 2027, Morgan Stanley predicts

The future of the Indian economy seems promising as the global financial services giant Morgan Stanley predicted that the country will become the world's third-largest economy by 2027.

22 Dec 2020


COVID's first major casualty: MGM may sell entire content library

It sounds, reads, and seems too awful to be true, but MGM is planning to sell off its assets, including the entire content library.

20 Jan 2019


Guess how much Netflix is spending on content in 2019

Netflix is one of the premiere streaming platforms in the world and they continue drawing public attention by adding new and exciting content regularly.

18 Jun 2018


#CareerBytes: 5 Mumbai University engineering colleges and their placement rates

Established in 1857, the University of Mumbai is one of the country's premier state universities where engineering is a widely-picked undergraduate course.

03 May 2018


Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

26 Feb 2018


India's December quarter GDP growth likely to be 7%: Report

According to a recent report by Morgan Stanley, India's economic recovery is expected to have gathered momentum and GDP growth for the December quarter is likely to have accelerated to 7 percent.

27 Jan 2018


Hackers steal $534.5 million from Japanese cryptocurrency exchange

Japanese cryptocurrency exchange, Coincheck said that on Friday, an attack by hackers led to around 523 million of the exchange's lesser-known NEM cryptocurrency coins getting transferred to another account without authorization.

26 Jul 2017


Facebook is going bullish on Instagram's revenue potential

Facebook threw a curve ball when it, without any prior notice, decided to report solely GAAP earnings last quarter.

02 Jul 2017


The Apple car is no longer a rumour

Rumours about Apple making its own self-driving car had been in the air for quite sometime, but these were just rumours until recently.

17 May 2017


Millennials are changing India, one decision at a time

It is expected that within the next four years, India will have 64% of its population within the working age group, fuelling its growth.

26 Feb 2017


New CFO-backed Flipkart returns to the game

India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.

31 Dec 2016


2016 Year in Review for Indian unicorns

The term "unicorn" was promoted by venture capitalist Aileen Lee to describe start-ups which were valued at over $1 billion.

Deutsche Bank reaches $7.2 billion settlement with US regulators

Deutsche Bank has reached a settlement of $7.2 billion with the Department of Justice in the US (DoJ) over an investigation into the mortgage-backed securities.

Succumbing to cloud rivals, Rackspace goes private in an acquisition

Cloud computing company Rackspace has announced that it has entered into a $4.3 billion cash deal with Apollo Global Management to become a private company.

13 Aug 2016


Flipkart launches office in Palo Alto

On 12th August, 2016, Indian e-commerce giant Flipkart established an office in the United States of America.

03 Aug 2016


JM Financial's chief Nimesh Kampani resigns

One of India's leading investment banker, Nimesh Kamapani, stepped down as Chairman and Managing Director of JM Financial group of companies, of which he was the founder.

02 Aug 2016


SBI plans to shut and relocate 30% of its branches

The biggest bank of the country, State Bank of India (SBI), is considering a proposal to either relocate or shut down 30% of its 24,000 branches.