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Sumitomo Mitsui open to raising Yes Bank stake, setting up a unit here: Rajeev KannanSumitomo Mitsui Banking Corporation is actively considering establishing a wholly owned subsidiary in India. The bank also plans to support...- Japan's SMBC gets RBI approval to buy up to 24.99% of Yes BankSumitomo Mitsui Banking Corporation (SMBC) has secured approval from the Reserve Bank of India to acquire up to 24.99% of Yes Bank. The dea...
- SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoterThe Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) acquisition of up to 24.99% stake in Yes Bank, th...
- Meta joins Anduril to build XR products for US armed forcesMeta and Anduril Industries are collaborating to deliver integrated extended reality (XR) products for the US military, funded privately. T...
- Yes Bank rallies 9% after SMBC inks Rs 13,483 crore deal for 20% stakeYes Bank share price: Yes Bank's shares surged 9% following Sumitomo Mitsui Banking Corp's (SMBC) definitive agreement to acquire a 20% sta...
- Strategic Reentry: ING weighs buying IDBI Bank for India returnNetherlands’ largest lender examining books, top brass was in India recently.
- Honda to start battery sharing service for e-rickshaws in India this yearHonda will also launch flex-fuel bike models in India by 2023 as part of strategy to meet the company's aim to meet carbon neutrality for a...
- To swap or not to swap: What's best for electric vehiclesWith swapping, the battery packs can become smaller and the average subsidy per vehicle will become lower implying more vehicle support wit...
- Piaggio, KTM, Honda and Yamaha set up swappable batteries consortiumThe Swappable Batteries Motorcycle Consortium (SBMC) aims to broaden the use of light electric vehicles, such as scooters, mopeds and motor...
- Jet Airways grounds four aircraft after failing to pay lessorsJet Airways has a large fleet of mainly Boeing Co 737 jets which it sources from over 20 lessors.
- Kotak Mahindra Capital Company partners Sumitomo Mitsui Banking Corp"Japan is a priority market for cross-border M&A with India, and the growing relationship and synergies between the two countries will only...
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