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SOCIETE GENERALE AND BANK
European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...
Stocks in news: Adani Enterprises, Adani Energy, Hindustan Zinc, Maruti Suzuki, IDFC First BankVolatile trade likely as weak global cues keep sentiment cautious; analysts favour a sell-on-rise strategy until Nifty reclaims 23,700. Sto...
Alkem Labs shares in focus as Goldman, Morgan Stanley, others purchase stake in Rs 930-crore block dealShares of Alkem Laboratories will be in focus after block deals worth around Rs 930 crore saw 17.88 lakh shares traded at Rs 5,200 apiece o...
Alkem Labs sees Rs 930 crore block deal as promoter family entities pare stake; Goldman, Morgan Stanley among key buyersAlkem Laboratories shares experienced significant block deals totaling Rs 930 crore. Promoter family entities divested shares to a group of...
PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buyPB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by var...
Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake salePaytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Genera...
Global bond rout deepens as Iran war drags on and underscores inflation fearsGlobal bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Inves...
Global Markets: Korea, Taiwan emerge as the biggest winners of AI equity boomGlobal investors are shifting focus to Asian markets like South Korea and Taiwan. These markets are seeing strong gains driven by demand fo...
Paytm Payments Bank licence cancellation: Jefferies, Bernstein and Goldman decode impactPaytm shares fell 8% after RBI cancelled Paytm Payments Bank’s licence but recovered sharply as brokerages stayed bullish. Analysts see lim...
Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upsideThe RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...
AI juggernaut rumbles on even as markets whipsawThe artificial intelligence sector continues its strong financial growth. Despite global tensions, significant funding is flowing into AI i...
SocGen CEO expects earnings growth in 2022 to be more moderateSocGen, France's third-biggest listed lender, said this week it would cut 3,700 jobs between 2023 and 2025 as it merges its retail network ...
Societe Generale rolls out first financial inclusion project in Sanand, next in MumbaiSociete Generale India, a subsidiary of Societe Generale S A, a French multinational banking and financial services company had rolled out ...
- Aegis refinances $190 million bridge loan with mix of debt, cash
Aegis said it has refinanced its $190 million bridge loan through a mix of a new five-year debt of $156 million and cash available on its b...
- Societe Generale closing down private banking operations in India
Societe Generale, one of Europe's largest banks with assets of over 1.1 trillion euros, is cutting back its India operations in a phased ma...
- Forecasters see dollar weakness as QE2 end looms
Top forecasters say America's currency will be little changed through June as the Fed lags behind central banks boosting rates.
- French banking watchdog fines Societe Generale
France's central bank has fined Societe Generale $6.3 million for "serious shortcomings" in its internal controls that led to nearly $7.8 b...
- SocGen gearing up for NBFC launch; to grow pvt banking biz
Betting big on the Indian market, French financial services giant, Societe Generale, is gearing up to launch its Non-Banking Finance Compan...