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BANKING MERGER
Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...- Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
- Canadian AI lab Cohere moves to buy AI cybersecurity startup AISLECohere has taken a significant step in the cybersecurity arena by signing a letter of intent to acquire AISLE, an AI-driven startup focused...
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- Bank of America consumer retail M&A banker Peacock to leave, sources sayRichard Peacock, a veteran banker in consumer and retail M&A, is leaving Bank of America. He has been with the bank for over a decade. Earl...
- 5 years, no returns: Are these 9 Nifty bluechip stocks finally ready for a turnaround?Investors are witnessing notable losses in well-known blue-chip stocks such as TCS, Infosys, and Hindustan Unilever. These major players ar...
- Bank of America loses bankers, tells staff of big ambition, continued hiringRecent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
- ET Startup Awards 2026 | Tier-II cities rechart startup geography: IDFC First Bank’s VaidyanathanThe startup story is not confined to a handful of sectors or cities, but is being shaped by talent and ideas across the country, Vaidyanath...
- FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
- YouTube was close to selling to Yahoo. How Google sealed the $1.65 billion deal at 3 A.M. in a Denny’s parking lotYouTube was close to selling to Yahoo in 2006 before Google agreed to pay $1.65 billion for the video platform. The deal was finalized in a...
- Citi’s India IB revenue nearly doubles as bank raises $16 billion for clients, shows dataCiti’s India investment banking revenue nearly doubled to $52 million, making it the country’s top-ranked investment bank. The lender helpe...
- At Rs 35.9 crore, HDFC Bank's incoming boss Anup Bagchi set to be India's highest-paid bank CEOHDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for Anup Bagchi. This remuneration could increase to Rs 43.24...
- Nifty’s ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?Anup Bagchi takes charge as HDFC Bank’s new CEO at a critical juncture, with the lender seeking to revive deposit and loan growth, improve ...
- Sharmila Mona Sinha: The third daughter who turned deficit into dividend and became a US Hall of FamerSharmila Mona Sinha, who grew up in Kolkata, has been inducted into the National Women’s Hall of Fame. She became the second Indian woman t...
- Tata Trusts vice chairmen Vijay Singh, Venu Srinivasan inform trustees in letter they weren’t consulted on Tata Sons reorganisationA fresh rift has emerged within Tata Trusts over Tata Sons’ proposed reorganisation, with Sir Dorabji Tata Trust vice chairmen Venu Sriniva...
- Ian Narev turned down a film role, practised law, and later became SEEK’s CEO - Inside his unusual career journeyHow did a child actor Ian Narev become the CEO of SEEK? Here's all about his unexpected career twists. Dive in further to read more
- Motilal Oswal sees Aster DM EBITDA rising 25% CAGR through FY28; sets Rs 910 targetMotilal Oswal has initiated coverage on Aster DM Quality Care with a Buy rating and Rs 910 target, citing merger synergies, capacity expans...
- MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
- Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
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