Category: Companies

HDFC Bank says chairman's exit may be due to a management rift. The bank confirms no material issues involved.

Swatch Group CEO Nick Hayek expressed concern over the Swiss franc's strength and its impact on domestic industry.

HDFC Bank shares fell after chairman Atanu Chakraborty resigned citing ethical differences.

HSBC is considering job cuts affecting about 20,000 roles, approximately 10% of its workforce, according to Bloomberg.

HDFC Bank's part-time chairman Atanu Chakraborty resigned citing differences over values and ethics.

UniCredit prioritizes pan-European growth over Italian market consolidation, says CEO Andrea Orcel.

BNP Paribas opts for smaller deals amid UniCredit's approach to Commerzbank, says Germany head Lutz Diederichs.

Reliance Jio hires 17 banks for Mumbai IPO, will not raise new funds

Standard Chartered is reviewing offers from Kotak Mahindra and Federal Bank to acquire its credit card customers in India.

KKR to invest $310 million in Indian electric vehicle firm PMI Electro Mobility through Allfleet India partnership.

UniCredit CEO Andrea Orcel discussed the effects of the digital euro on banks’ liquidity and profits.

UBS finished moving Credit Suisse clients in Switzerland to its platforms, marking a key phase in the integration process.

Axis Bank will invest $162 million in its consumer lending unit, Axis Finance.

Reliance Industries plans to file a draft red herring prospectus for Jio Platforms’ IPO by March end.

The US raises Golden Dome missile defense cost to $185 billion, with Lockheed Martin, RTX, and Northrop Grumman as prime…

UBS CFO Todd Tuckner expressed comfort with the bank’s exposure to private credit funds amid market concerns.

Debt investors are selling software company loans at a discount amid AI-driven industry changes.

Intercontinental Exchange launches a platform to improve transparency in the private credit market amid investor concerns.

Macquarie exits Kuwait oil pipeline stake bidding, citing Iran war risks.

Commerzbank CEO Bettina Orlopp called UniCredit's offer a very low price, expressing resistance to the takeover bid.

Deutsche Bank CEO Christian Sewing says private credit worries will persist but do not pose systemic risk.

Bank of Montreal plans to open over 130 new locations in California and 15 in Arizona within five years.

India’s antitrust authority investigates fragrance firms Givaudan, Firmenich, and IFF over anti-poaching agreements.

Indian state-owned fuel retailers are demanding advance payments from dealers due to losses from retail gasoline and gasoil sales.

Zydus Lifesciences and Lupin sign licensing and supply deal to co-market semaglutide injections in India before patent expiry.