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Mitsubishi Ufj

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Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Why foreign banks are going slow on India

Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march. Illustration: Uttam Ghosh/Rediff.com Foreign banks are......

Why Japan is betting big on Indian pharma cos

One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions, report Sohini Das &......

Nissan to acquire 34% stake in Mitsubishi for over $2 billion

Japanese auto major Nissan Motor Co on Thursday announced plans to acquire 34 per cent stake in beleaguered compatriot Mitsubishi Motors Corporation for 237 billion yen (over $2 billion). Nissan......

RJio ties up with lenders for $1.5 billion loan

Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans. Mukesh Ambani-led......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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