The Burman family, promoter of Dabur India, is likely to buy less than 26 per cent stake in the Indian unit of Portuguese investment banking and securities firm Espirito Santo.Negotiations are at......
Indices rallied almost 16 per cent from September till end of 2013 partly on expectations that the BJP-led NDA would form the government in 2014. Foreign investors and brokerages, which have been......
India’s public sector banks have a lot more to worry than accumulation of bad loans. Operating metrics of state-owned banks have steadily worsened over five years, affecting return ratios.......
UBS will repay a loan and buy back equity in a fund set up as part of its 2008 bailout, a move the Swiss bank said on Tuesday would bolster its capital later this year. The move draws a line under......
Portuguese investment bank Espirito Santo has raised concerns over the accounting processes of Bangalore-based biotechnology company Biocon.In a report released to the investment community on......