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DBS Group Q3 net profit falls 5% to S$2.81 billion, misses estimatesDBS Group reported a 5% year-on-year decline in third-quarter net profit to S$2.81 billion, missing analyst estimates due to weaker market ...- Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
- Global Market: Asian currencies slide as hot US inflation fuels Fed rate hike bets; won hits two-week lowEmerging Asian currencies weakened as hotter-than-expected US inflation revived Federal Reserve rate hike concerns, boosting the dollar and...
- Barclays plans India equity advisory return after a decadeBarclays plans to restart its equity capital markets business in India after nearly a decade, targeting the country’s booming IPO market. S...
- RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
- More RBI rate hikes loading? Decoding what Malhotra's 'caliberated tightening' stance meansThe Reserve Bank of India has increased the repo rate to 5.50% after maintaining it for several months. This shift to a calibrated tighteni...
- A-One Steels India allotment likely today: GMP signals 7% listing gain. Here’s how to check statusThe Rs 405-crore A-One Steels India IPO is expected to finalise its share allotment today. Once the allotment is announced, investors will ...
- Stocks in news: Tata Group, ITC, IRFC, NCC, Zydus Lifesciences and JSW EnergyThe Indian equity markets faced a significant downturn, with benchmark indices slipping past vital support thresholds. The Nifty 50 saw a d...
- Clean Max Enviro bulk deal: Augment India divests stakes worth Rs 1,096 crore; Goldman Sachs, HSBC India among buyersAugment India I Holdings sold 85.03 lakh Clean Max Enviro Energy Solutions shares worth about Rs 1,096 crore through NSE bulk deals. Goldma...
- Rupee sways with oil and intervention cues, keeping traders light-footedTraders pointed to media reports stating that Iran had offered to reopen the Strait of Hormuz, a key energy artery,if the US eases military...
- Bond yields could rise to 7.5% on crude, inflation pressuresDomestic bond yields may rise as much as forty-five basis points. Elevated crude prices and rising inflation expectations weigh on sentimen...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
- Singapore's top banker Piyush Gupta leaves DBS BankPiyush Gupta stepped down as DBS Bank's CEO after 15 years, with Tan Su Shan succeeding him as the first female CEO. Under Gupta, DBS achie...
- DBS Bank CEO Piyush Gupta earns SGD 17.58 mn in 2024; to leave this monthPiyush Gupta received SGD 17.58 million in total pay for 2024 as DBS Group's CEO, before his scheduled retirement in March 2025. Under his ...
- DBS Bank India eyes double-digit growth in loan book, profit"We have seen demand from FAB & storage space and infrastructure. The diversification in Asian supply chains and shift to China-plus is ano...
- The reasons behind the fall of Lakshmi Vilas BankThe mounting of NPAs started from the second half of 2017 largely due to economic distress as well as management failures of several compan...
- IFC eyes 9.92% in Chola DBSInternational Finance Corporation (IFC), the private financing arm of World Bank, has proposed to pick up 9.92% stake in Cholamandalam DBS ...
- Cholamandalam to divest nearly 10% stake to IFCThe company said in a release that it would issue 1,08,93,852 fresh shares at a price of Rs 92 per share.
- Sabre Cap, Temasek eye DBS CholaRana Talwar’s Sabre Capital, backed by private equity giant Temasek, is in talks with Cholamandalam DBS Finance (CDFL) to take over the lat...
- DBS Chola to raise Rs 200 cr via rights issueFinancial services firm Cholamandalam DBS today said it will raise up to Rs 200 crore through a rights issue.
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