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Malaysian fintech major TNG Digital eyes IPO in next 2-3 yearsTNG Digital could potentially fetch the valuation of a unicorn - a startup with a market value of $1 billion or more - before the potential...- Analysts are ditching AirAsia in droves after record lossThe airline fell 2.8% to 0.685 ringgit Wednesday, taking its loss for this year to 60%. Its long-haul unit AirAsia X Bhd. has fared similar...
- Brokerage firm CGS-CIMB Securities may scale down its India operationsIndustry sources said CGS-CIMB may have decided to move out as they have not been able to scale up the business. With competition intensify...
- Palm oil spikes 5% as Malaysian plantations shut down for two weeksSoyoil prices on the Chicago Board of Trade were also trading up 2.34 per cent.
- Coal India stock fails to impress, but government made a cool Rs 74,000 croreThe stock is down nearly 7 per cent at Rs 268.20 against its listing price of Rs 287.75.
- IIM Indore's Summer Placements see 15 per cent increase in the average stipendWhile bulge bracket investment banks like Credit Suisse, Deutsche Bank, Goldman Sachs and J.P. Morgan Chase together rolled out more than 3...
- Investment bankers lap up Rs 7,500 crore Tata Motors rights issueThe rights offer by India's largest automobile company based on revenue is to open on Monday at a discount of 10-12% to the market price.
- New gas price of $5.61 per unit inadequate to attract investments"The current pricing policy, in our view, will not lead to new capex in the development of complex deepwater discoveries," HSBC said
- Palm Oil advances on biggest weekly gain in three yearsPalm oil advanced, sending futures into a bull market and capping the biggest weekly gain in almost three years.
- CIMB Bank, Malaysia’s second largest lender hires 40 staff for India busines roll-outCIMB Bank, owned by Khazanah Nasional Berhad, has hired 40 staff for the build-out of its investment banking and cash equities biz in India
- CIMB calls off plan to buy RBS India assets, cites legal issueMalaysian financial services group CIMB today said it would not go ahead with the proposed acquisition of certain assets of the Royal Bank ...
- Rupee may slip to record lows, 2-month NDF weakerA record low for the rupee may be on the cards, despite the aggressive string of intervention from the central bank.
- Heard on the street: CIMB, Kotak Mahindra groups may revisit 'working alliance'Malaysia's CIMB Group and Kotak Mahindra Group may revisit their 'working alliance' in the wake of CIMB's acquisition of most of Royal Bank...
- Malaysia's CIMB buys Royal Bank of Scotland' India divisions for Rs 720 croreMalaysia's CIMB Group said it has acquired certain businesses of Royal Bank of Scotland in Asia Pacific, including some of its assets in In...
- RBS sells Asia-Pacific equities business to CIMB for $120 millionRBS today said it has reached an agreement with Malaysian financial services major CIMB Group to sell its cash equities.
- Malaysia Bank CIMB to buy Royal Bank of Scotland's India divisionsMalaysia's largest lender CIMB may sign deal for UK bank's corp finance, i-banking and institutional broking business next week.
- GMR Energy (Singapore) achieves financial closureGMR Energy (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure Ltd, has achieved financial closure on its 800MW combined cycle power pr...
- Fortis gets backup for Parkway as major banks commit $2 bnSeveral Indian banks have assured Fortis Healthcare that they will line up the $2 billion that the firm may need if it decides to place a c...
- Domestic banks offer to lend Fortis up to $2 bn for ParkwaySeveral Indian banks have assured Fortis Healthcare that they will line up the $2 billion the firm may need if it decides to place a counte...
- Singapore property firm inks deal for Islamic bond offeringSingapore property developer City Developments on Thursday inked a deal with Malaysian financial group CIMB in a bid to raise one billion S...
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