Barclays India to boost capital

Barclays will infuse an additional equity capital of $50 million to the Indian arm, Barclays India. This marks the second round of capital infusion since the first injection of $50 million in the......

GDP to grow nearly 7% in FY24: Economists

The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations.......

Barclays to realign India biz; 25-30 job cuts soon

Barclays Bank has decided to combine its client relationship teams at Barclays Corporate and Barclays Capital in India.The move would result in around 25-30 job cuts.Karan Bhagat, country head and......

Barclays lays off 250 employees

Leading global bank Barclays on Thursday said it has laid off around 250 staff in India in the last three days, predominantly from its collection team. The British bank has also redeployed around......

Asian sports confident of surviving money crisis

Asian sports bosses remain confident they can ride out the global financial crisis despite conceding the region is not immune and they will have to start tightening their belts. Leading officials......