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PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in MayQuant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other ...
- SpaceX raises $2.2 billion in Japan slice of record-breaking IPOSpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering....
- BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exitBank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. Thi...
- GIFT City showcases India’s scale, growth opportunities to global investors: SitharamanUnion Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...
- Central Bank of India to open 150 branches, recruit about 1,400 officers in FY27: MDCentral Bank of India is planning a major nationwide expansion with the opening of 150 new branches across India. To support its growth str...
- Central Bank to launch GIFT city branch next month: MDCentral Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...
- Quant Mid Cap Fund exits Lenskart Solutions and 2 other stocks, adds SAIL in AprilQuant Mid Cap Fund exited Lenskart Solutions, NMDC and SBI Cards in April, while adding Steel Authority of India to its portfolio, the fund...
- HSBC names Gautam Anand to lead Global India private banking unitHSBC has appointed Gautam Anand to lead its global India private banking division, aiming to bolster cross-border services for affluent cli...
- Global Markets | Nikkei closes off record high, JGBs wobble on BOJ's hawkish holdJapan's Nikkei share average slipped from a record high, government bonds swung and the yen rallied on Tuesday, after the central bank stru...
- Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
- UiPath raises $568 mn in Series D at $7bn valuationThe firm said Rowe Price Associates, Inc. Accel, who led the Series A and B rounds, and CapitalG and Sequoia, who led the Series C round, a...
- Colonial BancGroup shut down by federal officialsThe FDIC has approved the sale of Colonial's $20 billion in deposits and about $22 billion of its assets to BB&T Corp. US mortgage crisis |...
- 53 US banks going belly up in seven monthsIn a sign that the US economic recession is still far from over, the Bank of Wyoming shut shop two days ago, taking the tally of failed ban...
- Carlyle, Blackstone line up fresh US acquisitionBlackstone Group and Carlyle Group, along with David Bonderman’s TPG Capital, are attempting to buy First Republic Bank, according to peopl...
- More banks turn 'problem lenders'US “problem” banks climbed 21% to the highest total in 15 years in the first quarter, and provisions set aside for loan losses weighed on i...
- 36 US banks go belly up in 6 monthsThere seems to be no respite for the American banking industry as 36 banks have collapsed so far this year.
- Large US banks to shoulder more cleanup costs: FDICBig US banks deserve much of the blame for fueling the financial crisis and must pay a large share of the costs needed to restore a bank in...
- 34 US banks go belly up in 2009; BankUnited collapsesIn one of the biggest bank failures in the US in 2009, Florida-based BankUnited has been shut down by the authorities, pushing the total nu...
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