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RBI temporarily relaxes margin cap for large MFIs
The Reserve Bank of India has decided to set the margin cap to 12 per cent for large microfinance institutions ......
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McGraw Hill Financial seeks to up stake in CRISIL with $340M offer
McGraw Hill Financial Inc is making a voluntary open offer to acquire up to 22.23 per cent additional stake in ......
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Rupee hits record low, RBI intervention watched
The rupee hit a record low on Tuesday, with the absence of RBI intervention prompting importers to rush to cover ......
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Sumitomo cuts Barclays stake with $400M sale
Japan's Sumitomo Mitsui Banking Corp (SMBC) has sold a 260 million pound ($400 million) stake in Barclays, about half its ......
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Rupee falls to 57/dollar; RBI watched
The rupee recovered after touching the key psychological level of 57 to the dollar on Thursday, helped by dollar selling ......
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Calpers plans to sell entire 4% stake in Carlyle
The California Public Employees' Retirement System (Calpers) plans to sell its entire 4 per cent stake in Carlyle Group LP ......
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RBI clarifies rules for new bank licences
The RBI issued guidelines in February allowing any type of company to set up a bank in India, paving the ......
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For Indian IT firms, redefined cross-border M&A goals critical for enterprise value
Cross-border M&A is nothing new for the Indian IT services industry. The difference between cross-border M&A of the past and ......
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Choose marketplace only if you know what you are getting into
Twenty months ago, when I landed in this country, I found it very difficult and frustrating to let people know ......
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Microsoft reorganization - Crafty or confusing?
Microsoft CEO Steve Ballmer appears to be planning a major reorganization. The apparent objective is to help the company move toward becoming a ......