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Adani buys Holcim assets for $10.5 bn

Manufacturing

16 May, 2022

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 Cements and ACC Ltd ......

Affirma Capital leads $47 mn equity round in Muthoot's microlending arm

TMT

26 August, 2021

Affirma Capital leads $47 mn equity round in Muthoot's microlending arm

Singapore-based Affirma Capital, the emerging market private equity firm spun out of Standard Chartered PE, has led an investment...

DBS, StanChart among potential bidders for Citi's Asia consumer business

Finance

20 April, 2021

DBS, StanChart among potential bidders for Citi's Asia consumer business

Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to bid for parts of ......

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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 ......

Standard Chartered hires new head of wealth management business

Finance

02 June, 2020

Standard Chartered hires new head of wealth management business

Standard Chartered has appointed Marc van de Walle, a senior executive from Asia-focused Bank of Singapore, as the global head...

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

Manufacturing

15 November, 2019

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......

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India generated about half of $1 bn exits in last 3 years: Affirma's Udai Dhawan

People

26 August, 2019

India generated about half of $1 bn exits in last 3 years: Affirma's Udai Dhawan

In late 2016, London-based banking group Standard Chartered decided to exit the principal finance business after 15 years, which consisted ......

StanChart eyes $100 bn private banking assets in growth push

Finance

14 August, 2019

StanChart eyes $100 bn private banking assets in growth push

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......

PE firm Affirma Capital to invest in Tirupati Group

Consumer

01 August, 2019

PE firm Affirma Capital to invest in Tirupati Group

Affirma Capital, a newly formed private equity firm by the team from Standard Chartered Private Equity, is investing in the ......

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

Finance

26 July, 2019

SoftBank unveils new $108 bn Vision Fund with Apple, Microsoft as LPs

SoftBank Group Corp said on Friday it has secured commitments to raise $108 billion from a wide range of investors ......

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