Morgan StanleyMS -3.34% Wednesday said it has received "in-principle" approval to start commercial banking operations in India, a move that could help the company steal a march over international rivals such as Goldman Sachs Group Inc. GS -2.31% and Bank of AmericaBAC -1.21% Merrill Lynch. CONTINUE READING VIA #KHUSHITAVASANT @WSJ Benny quetell @resilient_ent resilient media entertainment INVESTMENT BANKING
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