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STANCHART BLOCK DEAL
Defaulters may follow Essar route to block bankruptcyThe steelmaker got a stay on hearings on an insolvency petition moved by a bank. Other large loan defaulters may soon follow in its footste...
Sensex, Nifty end at record closing highs; ITC, L&T top gainersThe benchmark indices continued their record breaking spree with the S&P BSE Sensex at fresh record closing high of 26,638.11.
- Reliance Industries on track despite bumps, Q1 net profit up 17%
The key driver of profits was the refining and marketing division, whose revenue swelled 45.8%, while the segment's operating profit soared...
Merger with Enam has filled the product gap that we had: Shikha Sharma, AxisAxis Bank's Shikha Sharma said the bank has done well, but it has always had a product gap and the merger with Enam Securities fills that g...
- StanChart, BBVA eye Indonesia bank stake
Standard Chartered and Spain's BBVA are among the banks showing interest in the sale of the Gunawan family's $1.4 billion stake in Indonesi...
- HSBC may get to take over some branches of ABN
HSBC may get a go-ahead from the regulator to take over some of the branches of ABN Amro in India when it acquires the retail and commercia...
- StanChart seen raising $500m through IDR
Standard Chartered Bank expects to list on Indian stock exchanges as early as April next year, market conditions permitting.
- Wockhardt-Abbott deal hits lender wall
Foreign lenders, upset over Wockhardt’s corporate debt restructuring (CDR) package, have threatened to block the pharma company’s $130-mill...
- StanChart set to buy RBS' SME business in India, China, Malaysia
Standard Chartered is set to seal a deal to buy Royal Bank of Scotland’s retail and small and medium enterprises (SME) operations in India,...
- ANZ left in race as HSBC, StanC exit RBS assets bid
The planned sale of Asian assets by British Bank RBS may take longer than expected with key contenders pulling out.
- Wockhardt Towers up for sale
The Khorakiwala family, the promoters of Wockhardt, one of India’s leading pharma firms, has put its headquarters, Wockhardt Towers, on the...
- RBS may face tough bargaining
Potential bidders have a bargaining chip because of ABN's recent losses recorded in India, post-write-offs.
- StanChart likely to call off AMC deal with UBS
Standard Chartered is likely to call off the deal with Swiss giant UBS to take over its asset management operations in India.
- UBS bid to buy StanChart AMC may run into a wall
RBI cites bar on the Foreign Investment Promotion Boards transferring shares without its clearance. Heard on the street | Analysts' picks |...
- UBS to enter India via StanChart MF buy
ET had first reported that Aviva had walked out of the race and UBS would takeover the AMC.
- Aviva quits StanChart MF race
As Aviva walks out of the bid, the Swiss banking major UBS leads the race with the second highest bid.
- Four foreign cos in last lap of race for StanChart MF
Standard Chartered Mutual Fund’s (StanChart MF) sell-off may be finalised soon, with four foreign investment management firms in the biddin...