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MITSUI INDIA
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
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-...
Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
Japan's Mitsui OSK Lines, world’s second-largest ship owner by fleet size, eyes shipbuilding in India and investments in terminals & logisticsJapan's Mitsui OSK Lines plans to build ships in India. The company is also exploring opportunities for roll-on, roll-off terminals. MOL ai...
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
Despite litigation, IHH says it is focused on key milestones for FortisMalaysia-based hospital operator IHH Healthcare has reached out to its largest shareholder Mitsui & Co. to help open communication with Jap...
Sumitomo Mitsui infuses Rs 1,075 cr into NBFC armJapanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a sign...
Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
Global lenders to back Brookfield’s 1.04 GW project with $600 mnA group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, ...
Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
Transport Corp allots 20% stake in Cold Chain Business to Japan's Mitsui & Co"The cold chain business is seeing considerable growth because of the demand for processed foods, vegetables and of course the pharma," sai...
Toshiba chairman says banks ready to offer conditional financial supportThe company is seeking creditors' support to weather yet another financial blow, even as it still tries to recover from a $1.3 billion acco...
Anil Ambani and Mukesh Ambani led Reliance group companies tie up with two Mitsui firms from JapanBoth the deals, announced within a gap of few hours, materialised within months of PM Modi pitching for stronger biz ties between the two o...
- CCI approves Mitsui's 26% stake buy in Arch Pharmalabs
Competition Commission of India (CCI) has approved Japanese firm Mitsui's proposed takeover of 26.71 per cent stake in domestic biopharmace...
- Mitsui acquires control of Multigrain to raise sales in Asia
Japan's trading firm Mitsui & Co Ltd on Thursday said it will acquire 44.2 per cent stake in Brazilian grain broker Multigrain AG for USD 2...