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Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Finance

20 June, 2019

Sundaram Finance to buy out partner BNP Paribas from housing finance unit

Sundaram Finance Ltd said on Thursday it has agreed to acquire BNP Paribas Personal Finance’s entire 49.9% stake in their ......

BNP Paribas appoints insider as head of India wealth management arm

Finance

13 June, 2019

BNP Paribas appoints insider as head of India wealth management arm

French banking group BNP Paribas SA has appointed Ravinder Singh as the chief executive officer and managing director of BNP ......

French bank SocGen to slash 1,600 jobs in bid to boost profits

Finance

09 April, 2019

French bank SocGen to slash 1,600 jobs in bid to boost profits

Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost ......

IFC may back Phoenix for agri supply-chain investments in India, other regions

Consumer

14 November, 2018

IFC may back Phoenix for agri supply-chain investments in India, other regions

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to provide up to $20 million (around ......

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How the pecking order of foreign banks is changing in India

Finance

28 September, 2018

How the pecking order of foreign banks is changing in India

Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......

KKR, Blackstone eye $3 bn Shriram Group deal; BNP Paribas may exit Geojit Financial

General

28 September, 2018

KKR, Blackstone eye $3 bn Shriram Group deal; BNP Paribas may exit Geojit Financial

Global alternative investment firms KKR and Blackstone have held initial discussions to pick up a stake in financial services conglomerate ......

Kedaara-backed Vedant Fashions eyes IPO; Suneet Weling joins BNP Paribas

General

01 February, 2018

Kedaara-backed Vedant Fashions eyes IPO; Suneet Weling joins BNP Paribas

Vedant Fashions Pvt. Ltd, which sells ethnic wear under the Manyavar brand, is planning an initial sale of shares and ......

ADIA leads anchor investors as CX Partners-backed SIS raises $55 mn

Finance

29 July, 2017

ADIA leads anchor investors as CX Partners-backed SIS raises $55 mn

Patna-based Security and Intelligence Services (India) Ltd on Friday raised Rs 350.81 crore ($54.7 million) via share sale to anchor ......

Vinod Joseph joins IDFC Alternatives as general counsel

General

05 October, 2016

Vinod Joseph joins IDFC Alternatives as general counsel

Vinod Joseph, former legal head of Brand Capital, the ad-for-equity investment arm of Bennett, Coleman & Co Ltd (BCCL), is ......

FIPB approves BNP Paribas' acquisition of Sharekhan

General

26 September, 2016

FIPB approves BNP Paribas' acquisition of Sharekhan

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.Among the proposals ......