Credit Suisse Group Ag

Rupee spike positive for auto part makers, says Credit Suisse

Financial services firm Credit Suisse rated stocks of auto component majors such as Bosch and Exide positively saying that due to the rupee hike, most automakers will turn to local sourcing.

Maruti Suzuki goes from 'underperform' to 'outperform'

Credit Suisse raised Maruti Suzuki's target price to 1,671 rupees a share from 1,021 rupees, valuing the shares at their historical average of 11 times FY13 expected cash earnings per share.

'Asia Pacific responsible for 54 percent rise in global wealth'

Global wealth could rise 50 percent to $345 trillion over the next five years, spurred by a near doubling of total household wealth in China.

Despite upgrade, it may be prudent to book profits in Tata Steel

Tata Steel's European operations continue to be affected by a liquidity and demand crunch. Events in China are also adding to the woes of the industry.

Credit Suisse upgrades Tata Steel on better valuation

However, weak steel market will continue at least till the first half of FY13 on back of supply-chain unwinding in Europe, uncertainty in China and demand slowdown in India.

No buyer bells for telecom? Here's what's behind it

The research firm said the chances of TRAI recommendations being accepted were fairly high and would force incumbentplayers to give in to the demands of a cash-strapped government.

Credit Suisse downgrade: Double whammy for Everonn

Two foreign institutional investors (FII) have partly sold their shares in Everonn. Morgan Stanley Mauritius Company sold 1,97,602 shares at an average of Rs 244.45 while JF Eastern Smaller Companies Fund offloaded 1,11,953 shares at Rs 250.59 on Wednesday.

RBI has done the right thing: C Rangarajan

Firstpost brings you reactions from some who's who on the new monetary policy announced today

Dozen global banks come together to set up one-stop bond shop

The initiative, called "Neptune," will not be for executing trades, rather it will link up banks and investors in the market and potentially some of the existing trading platforms they use

Mobile gaming firm King.com sets sights on US IPO: source

King.com Ltd, the British mobile gaming company best known for its hit puzzle game 'Candy Crush Saga', has filed confidentially for an IPO