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HSBC outshines peers in India as the pecking order of top MNC banks changes

Finance

08 November, 2024

HSBC outshines peers in India as the pecking order of top MNC banks changes

Foreign banks have been steadily increasing their presence in India to capture a share of the world’s fastest-growing major economy. ......

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Grapevine: Multiples, Alpha Wave, VLCC, 360 One WAM, LEAD Group, NTPC, and Arohan in news

General

29 October, 2024

Grapevine: Multiples, Alpha Wave, VLCC, 360 One WAM, LEAD Group, NTPC, and Arohan in news

Multiples Alternate Asset Management and Dutch firm SHV Energy plan to sell stake in Indian assets, while Alpha Wave Global ......

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

Finance

16 October, 2024

BNP Paribas rethinks Middle East HQ as it cuts headcount in Bahrain

BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa head office, ......

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Grapevine: CVC in talks to sell IPL team stake; ENGIE to monetize renewable assets

General

19 July, 2024

Grapevine: CVC in talks to sell IPL team stake; ENGIE to monetize renewable assets

Private equity firm CVC Capital Partners is in talks with Adani Group and Torrent Group to sell a controlling stake in the ......

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Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO

General

25 June, 2024

Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO

Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, in preparation for an ......

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Grapevine: Coca-Cola may cut stake in bottling arm; PE firms eye Indus Towers

General

18 June, 2024

Grapevine: Coca-Cola may cut stake in bottling arm; PE firms eye Indus Towers

Coca-Cola India is in talks with the promoters of four prominent Indian business houses, including the Bhartia family of Jubilant ......

Mirae Asset to acquire BNP Paribas unit Sharekhan for $370 mn

Finance

12 December, 2023

Mirae Asset to acquire BNP Paribas unit Sharekhan for $370 mn

South Korea's Mirae Asset Securities on Tuesday said it would acquire French bank BNP Paribas' Indian retail brokerage unit, Sharekhan, ......

Mubadala looks to raise fresh funding via dual-tranche bonds

Finance

11 May, 2023

Mubadala looks to raise fresh funding via dual-tranche bonds

Abu Dhabi sovereign investor Mubadala is expected to raise $1.5 billion from a sale of bonds maturing in 10-1/2 and ......

BNP Paribas to sell Bank of the West to Canada's BMO for around $16 bln

Finance

20 December, 2021

BNP Paribas to sell Bank of the West to Canada's BMO for around $16 bln

BNP Paribas, France's biggest bank by market capitalisation, said it had agreed to sell its U.S. unit Bank of the West ......

Singapore's GIC ups stake in SBI Life Insurance via secondary deal

Finance

15 March, 2021

Singapore's GIC ups stake in SBI Life Insurance via secondary deal

GIC, the sovereign wealth fund of the island-state of Singapore, has picked up additional stake in SBI Life Insurance via ......