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Stent maker SMT lines up bankers for IPO

Healthcare

04 June, 2021

Stent maker SMT lines up bankers for IPO

India’s largest cardiac stent maker Sahajanand Medical Technologies Pvt Ltd (SMT) has signed up four bankers for its proposed initial ......

Flashback 2020: Global M&As fall as fewer companies catch deal bug

Finance

31 December, 2020

Flashback 2020: Global M&As fall as fewer companies catch deal bug

Global mergers and acquisitions (M&A) activity fell to a three-year low in 2020, as companies grappled with the financial fallout ......

Mahindra unit Ssangyong defaults on $55 mn loans

Manufacturing

15 December, 2020

Mahindra unit Ssangyong defaults on $55 mn loans

Automaker Mahindra & Mahindra’s South Korean unit Ssangyong Motor Co has defaulted on loan repayment of about 60 billion won ......

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

General

29 September, 2020

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......

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HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

Finance

04 September, 2020

HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up

The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Finance

30 June, 2020

Coronavirus pulls down global M&A to decade-low as companies keep their distance

Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data ......

Frustration, fear and family: lockdowns test investment bankers

Finance

25 June, 2020

Frustration, fear and family: lockdowns test investment bankers

Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and ......

Coronavirus crisis a window of opportunity for bankers to the rich

Finance

14 May, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra-rich clients ......

Dash for cash as most investors expect drawn-out recovery: BofA survey

Finance

14 April, 2020

Dash for cash as most investors expect drawn-out recovery: BofA survey

Investors have been hoarding cash at a rate not seen since the immediate aftermath of the 9/11 attacks of 2001, ......