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Latest India M&A Banking News

  • The Mail's City reporters reveal their share tips for 2009 1 Jan 2010 22:53 GMT
    ... tough held their nerve, buying into bombed-out banks and retailers. And boy, oh boy did ... leader in the hospitality industry in Russia, India and China. The surprise package in 2010 ... £120m and over £91m cash in the bank, which compares with a modest market cap ...

  • Top 100 ways to profit this year 1 Jan 2010 13:30 GMT
    ... operational performance and $1bn cash in the bank to offset debt obligations makes OZ Minerals ... in years are on offer as the banks substitute domestic borrowing for offshore. Commonwealth Bank ... slowed, but it's still growing, as is India. Take a long-term view. 99. AMP Capitals ...

  • Stock market: Doom, Gloom and Boom 1 Jan 2010 05:52 GMT
    ... light the biggest accounting fraud in corporate India. This sparked off a selloff in software ... year, eclipsing other high profile sectors like banking (84%), real estate (69%) and capital goods ... and capital goods (104%). January 12: World Bank bans Wipro, Sensex down 296 points at 9110 ...

  • HK stocks open higher; Bank of East Asia rises 31 Dec 2009 02:50 GMT
    ... last trading day of the year, with Bank of East Asia leading gains after a share ... unit of Spain's Criteria and Sumitomo Mitsui Banking Corp, raising proceeds to strengthen its capital ... S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. ...

  • Ford India to increase prices of its models 30 Dec 2009 16:13 GMT
    ... Agencies New Delhi, Dec 30: Ford India, a wholly owned subsidiary of the Ford ... Pranab Mukherjee said today at a Corporation Bank function while recalling his interactions with Japanese ...

  • Of affordable housing and low-interest home loans 30 Dec 2009 14:55 GMT
    ... in 'affordable housing' and found help from banks who offered low interest home loans to ... on top two three per cent of India's population. Now we want to reach the ... (QIP) besides selling office building in south Delhi [ ] for Rs 500 crore (Rs ...

  • Of affordable housing and... 30 Dec 2009 13:45 GMT
    ... in 'affordable housing' and found help from banks who offered low interest home loans to ... on top two three per cent of India's population. Now we want to reach the ... (QIP) besides selling office building in south Delhi [ ] for Rs 500 crore (Rs ...

  • Borrowers make merry in 2009 30 Dec 2009 12:25 GMT
    ... February, 2009, the country's largest lender State Bank of India [ ] introduced special home loan scheme ... The repo rate, the rate at which banks borrow from RBI in exchange of government ...

  • India Inc looks within for M&As 30 Dec 2009 11:51 GMT
    ... The global economic slowdown forced corporate India to look largely within the country for ... said that total 267 M&A deals were announced during 2009, for a total value of ... leveraged acquisitions are still off limits for banks and access to alternate credit markets is still ...

  • Election laws need new dimensions 30 Dec 2009 11:26 GMT
    ... given for the villages. While the positive spin-off is that the villages could be spared ... of all,' he said, 'and not just vote-banks'. Good. Negative vote is what makes democracy people-centric ... way in stimulating the democratic processes in India [ ]. Time the country realised that ...

  • HK stocks open lower; Chinese insurers, banks down 30 Dec 2009 03:30 GMT
    ... Life was 0.92 percent lower at HK$37.50. Bank of China eased 0.98 percent and China Construction ... S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. ... news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A ...

  • 30 Dec,2009 30 Dec 2009 02:51 GMT
    ... Goa benefits from expansion of MPT port facilities Expansion ... Ministry of Environment and Forests (MoEF), New Delhi, as well as from the Goa Coastal ... of MPT’s notified limits on the southern bank of the Zuari River, in an area ...

  • ICICI Bank sells card payment terminals 29 Dec 2009 21:10 GMT
    ... McClatchy-Tribune Information Services via COMTEX) -- MUMBAI, India -- ICICI Bank has concluded the sale of its network ... Merchant Services. "First Data, along with partner banks, is keen to proliferate payment transactions not ...

  • Sumitomo may return to India if Japanese firms increase presence 29 Dec 2009 19:14 GMT
    ... years, the head of Japan’s No. 3 bank said. Asia focus: Sumitomo Mitsui’s Teisuke Kitayama ... interview the bank would consider returning to India, which it all but pulled out of ... leaving a ā€œJapan deskā€ in the New Delhi office of Standard Chartered Plc. ā€œIf Japanese ...

  • A launch pad for the Indian multinational 29 Dec 2009 14:30 GMT
    ... be yet another multi-billion outbound deal by India Inc. (the deal size is estimated by ... South Africa fell through, there were 10 banks standing by with $500 million each to ... Prahlad Shantigram, Global Head (MandA), Standard Chartered Bank. Indeed, there are a lot of "sale" ...


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