Investment pros seeing market as overvalued hits record high

Professional investors see the stock market higher than it should be and likely to lose one of its key supports, according to a closely watched sentiment gauge. A net 46 percent of respondents to the latest Bank of America Merrill Lynch Fund Manager Survey consider stocks “overvalued,” the biggest gap ever recorded in the survey, […]

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On the Record: The Dessert Travels

When Kainaz Messman opened a small bakery and patisserie in Mumbai called Theobroma (literally meaning “food of the gods” and referring to the cocoa bean), she unwittingly created a Mecca of sorts in the world of patisserie pilgrimage. The decadent brownies and desserts became sought after gifts and or favours from anyone who was returning […]

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UK consumers run down savings to record low – business live

Analysts at Oxford Economics believe markets have overreacted to comments made by Mark Carney on Wednesday, when he said “some removal of monetary stimulus is likely to become necessary” if certain conditions prevail. Andrew Goodwin, lead economist, does not think the Bank’s MPC will be rushing to raise rates this year. Markets have been very sensitive to […]

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Staples Adds Record Storage and Cloud Management for Business

Small businesses looking for record storage or cloud management services just got another option from a familiar source. Staples (NASDAQ:SPLS) is partnering with GRM, a leading provider of information management solutions, to offer these services under the Staples brand. Staples Records and Cloud Management offers a range of specific services that businesses of all sizes […]

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CIC tells school boards to record corporal punishment data, take action

The CIC suggested that grievance redressal cells should work out strategies for preventing cases of corporal punishments in schools. Photo: Hemant Mishra/Mint New Delhi: All school education boards must take note of cases of corporal punishment in their schools, form a grievance redressal cell to receive such complaints and take quick action, the Central Information […]

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Vistara, AirAsia India are seeking for brief Fleet growth As Aviation policies Eased: record

Singapore: Vistara and AirAsia India, airline ventures of India’s largest conglomerate Tata organization, goalto reinforce their fleet sizes to twenty planes inside a year and launch global offerings after the u . s .overhauled aviation policies, humans acquainted with their strategy said. The government revised on Wednesday its so-called ‘five/20′ policy, putting off a limit […]

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HSBC slicing ‘Dozens’ Of Senior Jobs In investment bank: record

London: HSBC has begun cutting senior posts in its funding banking division in a cull that would lead todozens of personnel international losing their jobs, in keeping with resources with direct knowledge of the cuts. HSBC started informing workforce in its global banking and markets division in London remaining week,one of the assets stated, with […]

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