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SWISS LOANS
As food inflation bites, Nestle turns to smaller cities to drive growthNestle India is strategically focusing on tier-2 and tier-3 markets for growth, anticipating rising consumption in these areas. Despite fac...- Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...
- Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
- Gold rebounds from one-week low as Iran cites progress in peace talksGold prices surged over 1% as easing U.S.-Iran tensions and falling crude oil prices reduced inflation and interest rate hike fears. While ...
- Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
- Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
- Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...
- JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
- BoB looks to sell Rs 2,700 crore of NPAs; taps ARCs, NBFCsBank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- Canara Bank invites bids for Rs 509 crore loan of Rajesh ExportsCanara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move com...
- ED chargesheets UK national in probe against Videocon GroupThe Enforcement Directorate has filed charges against Sachin Dev Duggal, a British citizen, in a major bank loan fraud case involving the V...
- NARCL makes binding offers for over half a dozen accounts: SourcesNARCL is set to acquire loans of Simplex Infra following an uncontested Swiss auction. The state-backed bad bank has made a binding offer o...
- UBS ends state guarantee granted over Credit Suisse rescueUBS has repaid billions in emergency loans from the Swiss government, freeing it of taxpayer-backed funding. Among the loans repaid was 9 b...
- NARCL gives binding offers for two highway assets and a steel companyIf lenders approve a binding offer for the two road projects and the steel company, it will be followed by a Swiss challenge auction. NARCL...
- SBI to Swiss auction KSK loansThe bank decided to hold a Swiss auction to avoid glare from investigative agencies in future, a bank executive said on condition of anonym...
- Cheaper Swiss loans a big draw for Indian firms; Union Bank, SBI already tapped Swiss institutionsSwitzerland is fast emerging as the fund-raising hub for Indian companies, which are looking to borrow from Europe's new pool of money.
- Swiss loan puts Wockhardt in a spot of botherThe company’s debt-laden Swiss subsidiary is trying hard to strike a deal with offshore lenders even as the parent Wockhardt is involved in...
- Swiss banks to announce massive losses: reportTwo of Switzerland's largest banks, UBS and Credit Suisse, are set to announce combined losses for 2008 of 29 bn Swiss francs later this we...
- Corporates takes to franc for swaps as yen turns volatileCorprorates are increasingly exchanging their rupee loans for Swiss franc liabilities using currency swaps.
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