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.
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.
Hinduja group acquires Belgium media firm Alfacam
Sunday January 27, 2013
Alfacam is best known for its broadcasting vehicles for filming and broadcasting of major sports and entertainment events.
