DEUTSCHE BANK AG
TCS completes acquisition of Postbank Systems from Deutsche Bank AGTCS has announced to acquire Postbank Systems in November through its subsidiary Tata Consultancy Services Netherlands B.V.
- Anil Agarwal ready with $10 billion war chest for India's disinvestment program
The billionaire is teaming up with London-based Centricus Asset Management Ltd. to seek investments in Indian companies offering substantia...
- Australia shares extend rally to sixth day as business sentiment improves
The S&P/ASX 200 index rose 0.2% to 6,687.7, adding about 3% in the past six sessions.
- RBI likely to hold rates amid inflation: Things to watch out for
A spike in consumer prices forced the panel to pause after cutting rates by 115 basis points this year, although it’s expected to conserve ...
- Goldilocks year awaits EMs defying pandemic rout
A plethora of tailwinds from accommodative central banks to an impending change of US president and Covid-19 vaccine progress has put the a...
- TCS to acquire Deutsche's Postbank Systems AG
TCS will acquire 100% of the shares of Postbank Systems and its 1,500 employees will become part of TCS.
- Adani Gas signs pact to acquire defaulter Jay Madhok Energy's 3 city gas licenses
Adani Gas Ltd on Wednesday announced the acquisition of city gas licenses for Ludhiana, Jalandhar and Kutch (East) from Jay Madhok Energy f...
- Tired of Trump, Deutsche Bank wants to end ties but sees no good options: Sources
In meetings in recent months, a Deutsche Bank management committee that oversees reputational and other risks for the lender in the America...
- Tata Consultancy in talks to buy Deutsche Bank’s technology unit
The bank has set 2022 as the deadline for the technology migration of Postbank’s systems. Deutsche Bank is an existing customer of TCS and ...
- NCLT admits insolvency plea against Uttam Galva Steel Ltd
UGSL was among the companies in the Reserve Bank of India’s second list of loan defaulters and had been directed to come up with immediate ...
- July-September GDP expected to contract by nearly 9%
We would expect the government to announce some fiscal stimulus measures now that the economy has started opening up, says Kaushik Das.
- India faces dwindling policy options after record GDP slump
The 23.9% decline in gross domestic product in the June quarter from a year ago, prompted banks like Nomura Holdings Inc. to downgrade thei...
- Fed’s new plan to lift inflation faces skepticism
Fed policy makers meet again Sept 15-16 when they’ll have a chance to spell out how the new strategy will shape their policies aimed at pul...
- Biggest forex buyer in emerging Asia builds on record buffer
It purchased $30 billion of foreign exchange in the four months to July to bolster what is already the world’s fifth-largest FX hoard.
- Firms cutting capital spending set to prolong India’s slump
Kumar Mangalam Birla’s Hindalco Industries Ltd. plans to cut capital expenditure by as much as 40% globally as the company plans to conserv...
- SoftBank’s Masa-Misra partnership strained by losses, infighting
Misra is at the heart of the problem in ways that go beyond how the fund’s companies are performing.
- The pandemic’s long-term pain is just becoming clear to markets
An indisputable takeaway from the crisis is a massive expansion in global debt.
- Deutsche Bank boosts loans to cash-strapped tycoons in India
The NBFC crisis is creating new prospects for Deutsche Bank. Goldman Sach has been another beneficiary.
- Deutsche Bank considers cutting bonus pool by as much as 20%
Germany’s largest lender may reduce discretionary compensation by as much as 20%, outpacing a 5% decline in the bank’s workforce this year,...
MORE NEWS
