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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 ......

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

Finance

28 July, 2021

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 corporate loans worth about ......

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

General

23 February, 2021

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 firms, to kickstart work on ......

JLL ropes in former Deutsche Bank exec as new India chief

Infrastructure

19 January, 2021

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 chief executive ......

TCS inks deal to acquire Deutsche Bank's IT unit

TMT

09 November, 2020

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 deal that will ......

TCS in race to acquire Deutsche Bank's IT unit

TMT

22 October, 2020

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 knowledge of the matter said ......

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

Finance

21 September, 2020

‘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, despite red flags ......

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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 ......

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

Finance

13 August, 2020

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 an equity-focused alternative ......

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

General

17 July, 2020

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 Capital, among others, to sell its ......