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RBI: A $25 billion fund manager says market is wrong on RBI-hike bets

The growing market wagers about the most aggressive interest-rate tightening in India of any nation in Asia are wrong, according to Aditya Birla Sun Life AMC. Five-year interest-rate swaps jumped to 5.42 per cent on March 8, the highest in more than a year, reflecting surging expectations of a tighter monetary policy, and were at 5.32 per cent on Monday. โ€œMarkets are mispricing quick rate hikes,โ€ said Maneesh Dangi, co-chief investment officer at Aditya Birla. Dangi, who oversees 1.8 trilli...
Aditya Birla Sun Aditya Birla Maneesh Dangi Standard Chartered Plc Aditya Birla Sun Life Reserve Bank

Investegate |3M Company Announcements | 3M Company: Annual Financial Report

ย  ย  Consolidation: 3M is a diversified global manufacturer, technology innovator and marketer of a wide variety of products. All applicable subsidiaries are consolidated. All intercompany transactions are eliminated. As used herein, the term "3M" or "Company" refers to 3M Company and subsidiaries unless the context indicates otherwise. ย  Basis of presentation: Certain amounts in the prior years consolidated financial statements have been reclas...
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