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Global Market | Europe's wealthy return to hedge funds offering daily liquidityEurope's wealthiest investors are increasing their allocation to liquid alternative UCITS funds, seeking higher yields as interest rates fa...
IIM-Ahmedabad wraps up summer placement process for first clusterIIM Ahmedabad's summer placements saw top consulting firms like Accenture Strategy, BCG, McKinsey, Bain, and Kearney leading in offers. Inv...
BCG, Accenture Strategy, Goldman Sachs among top recruiters at IIM-ABoston Consulting Group and Accenture Strategy emerged as top recruiters in IIM Ahmedabad’s Class of 2025 placements. Other key recruiters ...
BCG top hirer at IIM Ahmedabad summer placement; large pool of recruiters make 60 offersCompanies who participated in Cluster 1 comprised six cohorts – investment banking & markets, management consulting, niche consulting, advi...
Boston Consulting Group emerges as top recruiter with 28 offers for IIM Ahmedabad's summer placementIn the PE and VC domain, IIM-A saw participation of firms like Blackstone, Gaja Capital, Jupiter Capita, Multiples, Premji Invest and Ventu...
K’taka gaming ban ‘in two months’; Swiggy spins off Supr DailyKarnataka, which passed a bill banning online gaming last week, will now draft rules and implement the ban in two months, the state’s home ...
IIM Calcutta completes final placements with average salary of Rs 29 lakh; median salary Rs 27 lakhConsulting Sector emerged as the top recruiter with 149 students (32%) opting for them. Accenture Strategy and The Boston Consulting Group ...
L'oreal to buy back shares from Nestle for $8.2 billionL'Oréal, world’s largest maker of cosmetics, will pay about $8.2 billion to buy back 8% of its shares from Nestlé, the companies said in a ...
- Montblanc: Watch gets mightier than pen as company shifts focus
"In the next five years or so, watches have the chance to become bigger than writing instruments," CEO Lutz Bethge said in an interview.
- Philips plans to cut an additional e500 million in costs after loss
Royal Philips Electronics NV Chief Executive Officer Frans van Houten said he'll embark on a e2 billion ($2.8 billion) share buyback progra...
- Dewan Housing in race to buy Indian ops of Deutsche Postbank
Deutsche Postbank, the German lender being acquired by Deutsche Bank, is close to selling its Indian operations for about Rs 1,100 crore ($...
- Basel panel softens some banking capital rules
The Basel Committee on Banking Supervision softened some of its proposed capital and liquidity rules while introducing new restrictions on ...
- Philips posts unexpected net profit of e174 mn in Q3
Royal Philips Electronics, Europe’s biggest consumer-electronics maker, unexpectedly posted a profit in the third quarter as operating earn...
- Cadbury may get $21 bn if Nestle, Hershey trump Kraft
Cadbury, the confectioner that rejected Kraft Foods’ bid on Monday, may attract suitors ranging from Nestle to Hershey and sell for as much...
- German government may buy 70% in Hypo
Germany is considering buying a 70% stake in Hypo Real Estate Holding AG and may nationalize the lender after the government twice tried to...
- UBS may slash 8,000 jobs after $11-b Q1 loss
UBS may cut as many as 8,000 jobs as it grapples with the biggest credit writedowns of any European bank and a 12 billion franc ($11.4 bill...
- TPG, Blackstone likely to bid for Cadbury unit
Cadbury, the world’s largest confectioner, may get offers for its US drinks unit by the end of the week from buyout groups, including TPG a...