Davos

Swiss banks lure clients with gold accounts, cash vaults

Sunday February 3, 2013

Swiss banks are selling a new safe-haven idea to the rich and mighty from India and other countries -- special accounts for holding gold bars and high-value Swiss franc notes in the safety of their cash vaults.

Investors want progressive, consistent regulations in India: Naina Lal Kidwai

Wednesday January 30, 2013

India needs to have a regulatory regime that is consistent and progressive in nature to find a place in the investment road map of foreign companies, global banking giant HSBC's India chief Naina Lal Kidwai has said.

Yes Bank eyes acquisitions for business expansion

Wednesday January 30, 2013

Looking to expand its business and grow its financial metrics going forward, new-generation private sector banking major Yes Bank has said it is open to possible acquisitions in banking, broking and asset management businesses, even as its organic gr...

Hinduja Group eyes Africa for business expansion

Monday January 28, 2013

Global business conglomerate Hinduja group is planning to significantly expand presence in Africa in areas ranging from transport, infrastructure and coal, and would look to partner governments of various African countries for its new businesses in t...

Young workforce from India more relevant than China: Manpower Group

Monday January 28, 2013

India has a big advantage over China in the global labour market, as its young and English-speaking literate workforce is much more relevant on the global level, as per leading human resource consultancy giant Manpower Group.

Mahindra Satyam may drop scam-tainted surname after marriage to Tech Mahindra

Tuesday January 29, 2013

After having to work twice harder than its peers to get business for nearly four years since rescuing scam-hit erstwhile Satyam Computer, Mahindra Satyam said it is now ready for a new era and a stronger market position, sans the stigma attached with...

Kotak Mahindra eyes takeover targets in banking, financial services sectors

Monday January 28, 2013

Looking to further expand operations, Kotak Mahindra group is looking for potential acquisition targets in banking, asset management, broking and other areas of financial services sector and hopes to strike a deal thisyear.

Fragile economy, other global woes dominate Davos

Monday January 28, 2013

The fragile state of the world economy, along with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions during this year's annual gathering of the global elite at Davos, leaving many participants uneasy ab...

In Davos, world seeks US engagement

Monday January 28, 2013

As President Barack Obama starts his second term, the world's business and political elite pines for greater American engagement to tackle a thicket of security challenges.

Basking in the shadows? Regulators are watching you

Monday January 28, 2013

Unconventional lenders that have enjoyed a cozy spot while central bankers were busy trying to make banks stronger should watch out as shadow banking is coming back on to regulators' agenda.

Business leaders warn against complacency, call for job creation

Sunday January 27, 2013

The global economy may be in a better shape after its worst-ever crisis, but it is no time to relax, and governments as well as business leaders must persist with job creation, income and gender diversification as also to meet aspirations of the yout...

Rise in power tariffs a 'bitter pill': Power Minister

Sunday January 27, 2013

Terming rise in tariffs as 'bitter pill', Power Minister Jyotiraditya Scindia has said Indian power distribution companies need to reduce technical and commercial losses as well to improve financial health.

New banks welcome, but systemic controls important: Uday Kotak

Sunday January 27, 2013

Conglomerates being considered for new banking licences in India should be asked to have systemic controls to safeguard against any contagion impact of problems in their other businesses, eminent banker Uday Kotak has said.

Great potential for banks in India: Chanda Kochhar

Sunday January 27, 2013

Dismissing concerns of high corporate debt exposures posing possible default risks to banks in India, top banker Chanda Kochhar has said loans have been mostly given for projects in investment phase and leveraging won't appear high once companies st...

India realty space to see $4-5 billion foreign inflows in two years: Jones Lang LaSalle

Sunday January 27, 2013

India's realty sector is set for robust inflows of $4-5 billion from overseas investors in the next couple of years, with Bangalore, Delhi and Mumbai emerging as the favourites, global real estate consultancy giant Jones Lang LaSalle has said.