'Most Indian promoters don't want to default'

StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.Illustration: Dominic XavierRediff.com Zarin......

Stalin keeps home portfolio, PT Rajan gets finance

Dravida Munnetra Kazhagam president M K Stalin's cabinet, including him, would be 34-member strong and he has retained senior leaders like Duraimurugan and 15 shall be ministers for the first time.......

StanChart eyes consumer finance

Standard Chartered Bank will venture into the consumer finance business, and take on global giants General Electric and Citi Financial in India. "We propose to offer consumer credit to those who......

StanChart firing big time, employees in India too face axe

India is a priority market for global banking giant Standard Chartered (StanChart) which has announced a major layoff in its retail banking business spread across countries The bank in a press......

StanChart bullish, bets big on India

Most foreign bankers are impatient with the RBI's 2009 roadmap for bank consolidation, but Sir Thomas Harris, StanChart vice chairman is much more bullish. He can afford to be: With 81 branches in......

IDFC buys StanChart AMC for $205 million

Infrastructure Development Finance Company has bagged Standard Chartered's asset management business in India for a total consideration of $205 million (around Rs 820 crore) in an all-cash deal.......

StanChart extends $30 Million/Year Liverpool sponsorship

Asia-focused bank Standard Chartered has extended its sponsorship of Liverpool Football Club for two years, continuing one of the most lucrative deals in English sport. Standard Chartered, which is......