Japan’s $21 billion US chip bet raises questions over its own semiconductor revivalJapan has committed to investing $21 billion to establish two semiconductor factories in New York. This deal comes as Japan seeks to suppor...
20 Oct, 2026, 10.31 AM IST
Japan’s $21 billion US chip bet raises questions over its own semiconductor revivalJapan will invest up to $21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries, whi...
20 Oct, 2026, 10.29 AM IST
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUsLast week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of ...
19 Oct, 2026, 06.33 PM IST
Fairfax's IDBI buy: Biggest-ever banking M&A deal in India had no investment bankersFairfax Financial Holdings’ $5.6 billion acquisition of a controlling stake in IDBI Bank is significant not just for being the biggest fore...
19 Oct, 2026, 04.14 PM IST
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...
19 Oct, 2026, 04.13 PM IST
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...
19 Oct, 2026, 04.13 PM IST
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
19 Oct, 2026, 03.23 PM IST
Public sector banks' Rs 7.8 lakh crore corporate loan pipeline signals capex revivalPublic sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies a...
19 Oct, 2026, 12.44 PM IST
NBFC stocks in focus: Rising funding costs threaten margins despite robust loan growth and asset qualityThe non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset qual...
19 Oct, 2026, 10.55 AM IST
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
18 Oct, 2026, 02.50 PM IST
Axis Bank appoints former HDFC Bank veteran Rahul Shukla to head Commercial, Bharat BankingAxis Bank has appointed Rahul Shukla as the group head of Commercial and Bharat Banking, effective October 19. He brings over three decades...
17 Oct, 2026, 07.26 PM IST
World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
16 Oct, 2026, 01.24 PM IST
Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...
15 Oct, 2026, 07.41 PM IST
A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
15 Oct, 2026, 08.55 AM IST
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
14 Oct, 2026, 09.34 PM IST
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
14 Oct, 2026, 05.57 PM IST
- Bank of America loses bankers, tells staff of big ambition, continued hiring
Recent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
13 Oct, 2026, 04.05 PM IST