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- Wockhardt's asset sale caught in creditors’ crossfireThe sale of Wockhardt’s nutrition business to Abbott Laboratories has hit a roadblock as differences regarding rights on the sale proceeds ...
- Wockhardt view sought on keeping sale proceedsThe Bombay High Court on Thursday asked Wockhardt and its promoters to clarify if they will deposit proceeds from sale of the nutrition bus...
- Wockhardt told to clarify asset-sale plan to lendersThe Bombay High Court asked Wockhardt to clarify with its foreign lenders which assets the troubled pharma firm could sell during the pende...
- Wockhardt won't sell assets without noticeDebt-ridden pharma firm Wockhardt has assured foreign creditors such as Calyon, Barclays, and a trust, representing the foreign currency co...
- Wockhardt in out-of-court deal with DBSDrug maker Wockhardt has reached an out-of-court settlement with Singapore-based DBS Bank, putting an end to its legal battle over repaymen...
- Wockhardt wins ICICI backing for liquidation fight with DBSPharmaceutical company Wockhardt, which is fighting a legal battle with a clutch of foreign banks, which want the troubled drug-maker to be...
- Bonds FX for 5th JuneTraders sold heavily after the Reserve Bank of India (RBI) sucessfully raised Rs 15,000 crores from sale of long dated securities on Friday.
- Swiss franc up vs dollar as bank concerns lingerThe Swiss franc ticked up against the dollar on Wednesday as concerns about the banking sector and the global economy weighed on stock mark...
- Foreign banks charge up to Rs 200 for collecting chequesWhile most of the public sector banks charge a nominal amount of Rs 7-15 for collection of outstation cheque, some of the foreign banks cha...
- Rupee to remain weak for 2-3 months : Calyon BankRupee may remain under pressure in the coming two to three months on account of high commodity prices, a stronger dollar, and price pressur...
- Tata, BP get $78 million more for solar ventureTata BP Solar, a venture of India's Tata Power Co and BP Solar, said on Monday it had signed an agreement with Calyon Bank, BNP Paribas and...
- Tatas bond risk hits record on Jaguar, Land Rover fundingThe risk of Tata Motors Ltd defaulting on its bonds rose to a record on a proposal of India's biggest truckmaker to borrow $3 billion to fu...
- Foreign banks are top I-T payers in the MNC clubThe banks that top the list are Citi, HSBC, StanChart, Deutsche Bank, Bank of America, Barclays Bank and JP Morgan among others. Why pay ta...
- India's GDP growth to slow to 8% in 2008: CalyonThe softening of global demand should slow exports of goods and services to some extent in the coming months. Challenges for India Inc
- Societe Generale broking arm to set up shop in IndiaFimat, the broking subsidiary of French banking major Societe Generale Group, is entering India, with an investment of $50 million for the ...
- Credit Agricole wants bigger India shareAfter being around for decades, French banks have started betting big on India.
- Highest FMS pay pack @ Rs 16 lakhThe highest domestic salary offered at FMS this year was Rs 16 lakh/annum by Paris-based Calyon Bank.
- Tata Steel to raise $750 mn on expansionTata Steel is planning to raise a syndicated term loan of $750 million to meet capital expenditure requirements as part of its programme fo...
- Credit Agricole, Soc Gen may merge futures bizCredit Agricole and Societe Generale, France’s first and third largest banks, may merge their US-based futures businesses.
- Corporate India still bets on 'phoren' moneyThe markets may be sliding, but Indian corporates of all hues continue to tap the overseas loan markets.
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