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Adani buys Holcim assets for $10.5 bn

Manufacturing

Adani buys Holcim assets for $10.5 bn

The Adani family has agreed to buy Swiss building materials maker Holcim Ltd’s India assets Ambuja...

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Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

Finance

Investors offer massive haircuts for LIC's $1 bn stressed loan accounts

At least five large investors including private equity players have bid very low to acquire stressed...

Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal

General

Grapevine: MobiKwik starts IPO process; Carlyle frontrunner for Mphasis deal

Fintech startup MobiKwik has appointed investment banks ICICI Securities and IIFL, besides a few law...

JLL ropes in former Deutsche Bank exec as new India chief

Infrastructure

JLL ropes in former Deutsche Bank exec as new India chief

Radha Dhir, a former senior executive at Deutsche Bank and Yes Bank, has been appointed as the India...

TCS inks deal to acquire Deutsche Bank's IT unit

TMT

TCS inks deal to acquire Deutsche Bank's IT unit

Tata Consultancy Services Ltd has agreed to acquire Postbank Systems AG from Deutsche Bank AG in a ...

TCS in race to acquire Deutsche Bank's IT unit

TMT

TCS in race to acquire Deutsche Bank's IT unit

Germany's Deutsche Bank is in talks to sell IT services division Postbank Systems, people with ...

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Finance

‘FinCEN' documents reportedly show banks moved illicit funds: Reports

Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades...

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

Finance

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 ...

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InCred group's asset management arm buys equity-focused fund in first acquisition

Finance

InCred group's asset management arm buys equity-focused fund in first acquisition

The asset management arm of InCred Capital has wrapped up its first acquisition with the purchase of...

Grapevine: Indiabulls Housing Finance to sell loans; Mindspace REIT IPO soon

General

Grapevine: Indiabulls Housing Finance to sell loans; Mindspace REIT IPO soon

Indiabulls Housing Finance is in talks with Deutsche Bank, Oaktree Capital, Brookfield and SSG ...