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BARCLAYS BUSINESS IN INDIA
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Inside India’s biggest banking and financial services tech hubsStandard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office ...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
Indian banks need AI-led defence systems as Anthropic’s Mythos heightens cyber risks: BarclaysIndian banks must upgrade their technology. They need AI-powered defenses to fight new cyber attacks. Outdated systems are vulnerable to ad...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
NBA appoints Sunny Malik as India Country Head to drive market growthThe NBA has appointed Sunny Malik as its Country Head for India. Malik will now lead the league's strategy and operations in the country. T...
Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
Hindustan Unilever to focus on regaining market share: Global CEO Fernando FernandezUnilever's leader, Fernando Fernandez, has placed his trust in Priya Nair, the head of India operations, as she embarks on a transformative...
Barclays may restart ECM business in India soonBarclays is reportedly preparing to re-enter India's equity capital market after a decade-long hiatus. The London-based bank, which previou...
Adani’s go-to bankers at Barclays turn cautious after HindenburgBarclays has reduced its exposure to Indian conglomerate Adani following allegations made by short-seller Hindenburg Research earlier this ...
Libor scandal: Split of UK parent will weaken Barclays' India operationsThe Indian unit of Barclays may become a weaker entity if the parent is split into retail and investment banks.
- CCI okays acquisition of Barclays' creditcard business by Standard Chartered Bank
CCI has given approval to the proposed acquisition of credit card business of Barclays India by the Indian arm of Standard Chartered Bank.
- Barclays India freezes retail business
Barclays said it is freezing the retail business, a move that comes a day after it sold nearly three quarters of its credit card business t...
- Barclays likely to exit retail business in India
As part of its downsizing strategy for India, the bank will also exit from Barclays Finance, a non-banking finance company (NBFC) launched ...
- Barclays India trims staff as its business slows
Barclays has laid off scores of staff in its unit in India as it cuts costs amid slowing opportunities for growth, said people familiar wit...
- Barclays hires S N Bansal to run onshore business
Barclays Wealth, the private banking unit of Barclays Bank PLC, announces the appointment of Satya Narayan Bansal to build its onshore weal...
- Samir Bhatia to head Barclays' retail banking venture in India
UK Financial services group Barclays has roped in Samir Bhatia, head of corporate and SME banking in HDFC Bank, as managing director of its...