Anonymous sources
Reuters India
NEWSMAKER - Ex-UBS star shakes and stirs at BofA Asia - Reuters India
"The way the culture is organised and dictated ... it's absolutely Matthew Koder running the franchise with his lieutenant Fleming," said a banker who works there, but who asked not to be named. Koder had overseen a UBS franchise that was Asia ...
Bidders queue for MF Global LME stake: sources - Reuters India
The Federal Bureau of Investigation is interested in the investigation of MF Global Holdings Ltd, a person briefed on the matter said on Tuesday. By Douwe Miedema LONDON (Reuters) - A raft of bidders including JP Morgan is lining up for failed ...
Momentum accelerates for India to open supermarket sector - Reuters India
"We have already sent it to the cabinet for their approval," the source said, adding that a decision could come next week. Inadequate road, rail and storage facilities mean significant logistical hurdles and extra expense in moving farm and factory ...
Dealtalk: Icahn, Navistar pact raises deal prospects - Reuters India
While Icahn's maneuvers have heightened interest about a Navistar-Oshkosh merger, sources said Navistar executives had already listed Oshkosh as a potential takeover target before the investor came on to the scene. Navistar sees Oshkosh's business that ...
India may allow foreign retail investors to trade equities - Reuters India
"We are looking at allowing QFIs to invest in equities without capping such an investment," said the finance ministry official, who declined to be named. The official said all such investors who meet "know your customer" (KYC) requirements are likely ...
China, India embrace LTE tech for 4G networks - Reuters India
4G is one big step away," said an analyst in Hong Kong, who declined to be named. Another hurdle for the growth of LTE is a lack of compatible smartphones, but industry executives are optimistic of wider availability of such devices. ...
China, India embrace LTE tech for 4G networks - Reuters India
4G is one big step away," said an analyst in Hong Kong, who declined to be named. Another hurdle for the growth of LTE is a lack of compatible smartphones, but industry executives are optimistic of wider availability of such devices. ...
ANALYSIS - SEC targets low-level bankers, spares top execs - Reuters India
If the actions against JP Morgan and Citigroup had been brought several years ago, the SEC likely wouldn't have charged any individuals, even lower-level ones, said one securities lawyer, who declined to be named. "They are looking for these cases, ...
EXCLUSIVE - Indian state cos eye petrol price cut next week - source - Reuters India
The cut could be for at least 0.60 rupees a litre, or about 1 percent, the source said on Friday. Softening Singapore prices have partially offset the impact of a declining rupee to offer a small window of opportunity for a cut. ...
Son of conservative Iranian politician dies in Dubai - Reuters India
Police are investigating the death of Ahmad Rezaie, 31, as a possible suicide, and a coroner's report was expected on Monday, said a Dubai police official who declined to be named. But the Tabnak website, close to Rezaie's father Mohsen Rezaie, ...
EXCLUSIVE - State-run retailers eye petrol price cut next week: source - Reuters India
The cut could be for at least 0.60 rupees a litre, or about 1 percent, the source said on Friday. Softening Singapore prices have partially offset the impact of a declining rupee to offer a small window of opportunity for a cut. ...
EXCLUSIVE - State-run retailers eye gasoline price cut next week: source - Reuters India
The cut could be for at least 0.60 rupees a litre, or about 1 percent, the source said on Friday. Softening Singapore prices have partially offset the impact of a declining rupee to offer a small window of opportunity for a cut. ...
Private equity takes two approaches to Yahoo - sources - Reuters India
Acquiring a minority stake could give the buyout firms an advantage in taking full control once the leverage finance market opens up, and also provide them with the potential for representation on Yahoo's board, the sources said. ...
PCCW to launch up to $1.4 billion trust IPO on Wednesday - Reuters India
The sources declined to be identified as they were not permitted to speak publicly on the matter. It would be the biggest offering in Hong Kong since the $1.77 billion IPO by Citic Securities Co Ltd (6030.HK) in September. Companies around the world ...
Japan likely intervened in fx market after last Monday - sources - Reuters India
The sources said trading evidence showed the central bank probably continued to intervened, albeit in small amounts, since Monday, when Japan spent an estimated 7.7 trillion yen, a daily record for intervention, to curb the yen's strength. ...
Groupon shares surge but concerns linger - Reuters India
One employee in Chicago, who declined to give his name, said workers had been discouraged from speaking to the media. Several uniformed security guards walked the perimeter of the building, keeping an eye on Groupon workers who came outside on their ...
Friday protests seen test of Syrian deal with League - Reuters India
In Homs on Thursday, tanks pounded a residential district and a witness who declined to be named said he saw dozens of civilian bodies at the National Hospital, which is controlled by the security forces. The circumstances of their death were not clear ...
US Air Force may cut Northrop satellite program - Reuters India
"Termination is definitely an option," said one of the sources, who was not authorized to speak on the record. Defense analyst Loren Thompson said the decision would be short-sighted and could have life-or-death consequences if approved, ...
Bitter olive harvest adds to Palestinian animosity - Reuters India
It is not our only problem," said the commander, who declined to be named. "Ninety nine percent of settlers maintain law and order. ... Unfortunately one percent, or maybe less, support these people," he added, speaking from his West Bank headquarters. ...
Some MF Global clients move money away as troubles grow - Reuters India
The company's credit lines have been drawn down upon but not exhausted, according to a source briefed on the matter. Its board voted on Wednesday to review alternatives that could include asset sales, a merger or selling the entire business, ...
EXCLUSIVE - China to reshuffle financial regulators - sources - Reuters India
BEIJING (Reuters) - China's top banking and insurance regulators have reached retirement age, and a shakeup is expected as early as this week, three independent sources said, a step that would be the first major move in a sweeping ...
Carlyle, General Atlantic in talks to invest in Flipkart, sources said. Full ... - Reuters India
The possible fourth round of funding by Carlyle and General Atlantic would help Flipkart to boost its business network ahead of Amazon's entry into Asia's third-largest economy, one of the sources said. Amazon, the world's top online retailer, ...
Prince's death sets challenge to ageing Saudi royals - Reuters India
"Doing a cabinet reshuffle in Saudi Arabia is like Sudoku," said an analyst who asked not to be named because of the sensitivity of the subject. "You think you have solved it and then, whoops, the nine is in the wrong place. ...
Turkish military says kills 49 Kurdish militants - Reuters India
The man did not want to be identified for fear of reprisal. Other residents suggested they were caught in the middle, saying they feared for their lives during Wednesday's PKK attack. "The bullets came down like rain. We just laid down on the ground ...
US fears more plots from Iran's Quds Force - Reuters India
The official and others insisted on anonymity because they were not authorized to speak on the record and because of the sensitive nature of the matter. US officials have long charged that the Quds Force -- the Arabic word for Jerusalem -- has used ...