HDFC Bank, India's most valuable lender, is said to have raised up to $300 million in NRE deposits, offering up to 50 basis points more than the prevailing rates, people familiar with the matter said. These deposits were garnered over two days...
Moody's Investors Services has upgraded Yes Bank's long-term foreign currency issuer rating and long-term foreign and local currency bank deposit ratings to Ba3 from B2, a release said. The bank's Baseline Credit Assessment (BCA)...
Reliance Industries maintained its highest ranking among Indian private sector companies in the latest Global 500 list published by Fortune for 2022. Reliance Industries improved its rank by 51 places to 104 from its previous year's rank of...
Proposing a 30 per cent cap on the expenses of management for Indian general insurance companies, sector regulator IRDAI also wants them to have a policy detailing cost control measures which can be transferred to policyholders by way of reduced...
Zomato, the Indian food delivery company backed by China's Ant Group, is considering reorganising its management so that each of its individual businesses would have its own CEO, while the parent company would be renamed "Eternal",...
The bilateral trade between India and Thailand reached an all time high of around USD 15 billion in 2021-22 as the domestic market remains attractive for Thai investors, said Union Minister of State for External Affairs Rajkumar Ranjan Singh....
After FMCG subsidiary Adani Wilmar, Asia's richest man, Gautam Adani is now planning to launch an initial public offering (IPO) of its non-bank lender Adani Capital. The NBFC is planning to raise approximately Rs 1,500 crore ($188 million)...
India’s central bank has suggested financial institutions scale up green lending and voluntarily set up green finance targets to mitigate risks arising out of climate change. There should be “an incremental target for green finance...
Bitcoin price today rose marginally after dipping to a more than one-week low, buffeted by investor skittishness ahead of a looming Federal Reserve interest-rate hike and amid harsher regulatory scrutiny of the cryptocurrency sector. The...
Reliance Industries, Thailand's largest conglomerate CP Group, and Lightspeed Venture Partners - the majority shareholder of online wholesale platform Udaan - have emerged as the three final bidders for Metro Cash and Carry's India...
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