Deutsche Bank CEO invests 15% of monthly pay in bet on shares
The bank has yet to convince investors that it can meet goals for raising revenue in businesses it wants to keep.
Having consistent rules is important but change is bearable for high RoE: Joel Werner, Solitude Capital
In India, everyone is focused on slowdown in money supply and how that has affected everything.
India plans mega banks but analysts say bet on rivals instead
ICICI Bank Ltd. and Axis Bank Ltd. remain UBSs most-preferred picks.
Board Meetings Today: Globus Spirits, PPAP Automotive, Raj Oil Mills, Jumbo Finance and RCL Retail
It makes sense to have a look at the corporate agendas for the days as announced to the stock exchanges.
US to withdraw 5,000 troops from Afghanistan, close bases: US negotiator
The deal, reached after months of negotiations with representatives from the insurgent movement, must still be approved by U.S. President Donald Trump before it can be signed, Khalilzad said in an interview with Tolo News television.
Saudi Aramco gets new chairman to prepare for public listing
The move puts some distance between Khalid al-Falih’s energy ministry portfolio and Aramco, which Saudi.
Netflix’s Indian Rival ALT Balaji Eyes Profits With 60 New Shows
Digital subscribers in India are expected to increase to about 110 crorein 2030 from 52.8 crore in 2018, according to KPMG India.
China lodges WTO trade complaint against US: Govt
The world’s two biggest economies have been embroiled in a bruising year-long trade war which escalated further on Sunday when both sides moved ahead with fresh tit-for-tat levy hikes.
Huawei denies US allegations of technology theft
The US Department of Justice is looking into the claim, potentially adding to existing criminal cases against Huawei, the WSJ reported last week.
US Democrats plan to probe Donald Trump’s role in hush-money payments: Report
The House of Representatives Judiciary Committee is preparing to hold hearings and request testimony from people involved in the 2016.
L&T Construction bags order for Navi Mumbai International Airport
Reliance Power inks pact Japan’s JERA to set up 750 MW power project in Bangladesh
The project will be set up within 36 months of signing the agreements, the company added.
PSU bank merger: Quality of advances & management matters more than size
It removes the uncertainties surrounding the combination of PSU banks that would be merged together.
Maruti Suzuki clocks over 1 million sales of Vitara Brezza, Ertiga and S-Cross in India
Tata Steel To Shut Some Operations In United Kingdom
Tata put up five of its non-core businesses in Europe on sale in May 2018 as it looked to focus on its strip products business.
Punjab National Bank To Consider Infusion Of Rs 18,000 Crore
PNB had earlier said that its board would consider capital infusion of Rs 16,500 crore by the government in its September board meet.
Most Asian Units Slip As Trade Tensions Weigh; Rupee Falls Most
The Indian rupee and the Malaysian ringgit were the worst performers in the region, playing catch up with peers as both markets re-opened for trade after a holiday on Monday.
Anil Ambani’s Shipyard Risks Insolvency As Banks Spurn Debt Plan
Any court ruling favoring the banks would deal another blow to the tycoon’s stressed empire after his wireless carrier slipped into insolvency earlier this year.
Top Court Seeks NBCC Response On Completing Stalled Jaypee Group Projects
The bench said it will first look what NBCC has to offer and only then it may look into Jaypee group”s fresh proposal.
‘Watch’ out! GDP slowdown has Jhunjhunwala among its victims
Jhunjhunwala said he has never seen such pessimism in the market.
ONGC slips 3% on massive fire at Uran complex
There has been no impact on oil processing, while gas has been diverted to its plant in Hazira in Gujarat, company said.
The report also reduced India’s estimated GDP growth rate to 5.8 per cent for the current fiscal year, from its earlier estimate of 6.3 per cent.
Why The Fate Of Samsung’s Billionaire Heir Turns On Horses
Jay Y Lee took a more active and urgent interest in the matter after a second meeting where Park told him again to “buy a good horse,” said the court.
Cabinet approves one-time capital infusion of over Rs 9,000 crore in IDBI Bank by government, LIC; shares jump 11%
DHFL rises 3% on board’s approval to convert debt into equity
The board approved increase in the authorized share capital of the company.
Google introduces UPI payment option in Play Store: All you need to know
UPI system allows immediate money transfer from a bank account through mobile device to any other bank account.
Gold Prices Jump Over Rs 500 On Global Cues
In the international market, gold prices ruled at $1,530 an ounce in New York while silver was quoted at $18.50 an ounce.
Bad Loans May Come Down To Rs 9.1 Lakh Crore By March 2020: Study
There is significant potential opportunity for stressed-assets investors, given around Rs 9.4 lakh crore NPAs in the banking system as on March 31, 2019, the study said.
Rupee Closes At 9-Month Low Against Dollar
The slump marked rupee’s worst single-day fall since August 5 and the lowest closing level since November 13, 2018.
NPAs may come down to Rs 9.1 lakh cr by FY20: Report
Centre Likely To Announce Measures For Real Estate Sector Soon: Report
The government is likely to increase the ambit of affordable houses from Rs 45 lakh to Rs 70 lakh, according to the report.
Budweiser Beer Maker AB InBev’s Plea To Put Delhi Ban On Hold Rejected
AB InBev is the second biggest player in Indias $7 billion beer market, accounting for a 17.5 per cent market share.
RBI-Appointed Task Force Recommends Moves To Ease Credit Markets
It also proposed setting up a self-regulatory body to standardize loan documents and promote transparency in the secondary market.
Centre Hikes Ethanol Price To Cut Oil Import Bill
The price of ethanol from ‘C-heavy molasses’ has been raised by 29 paise per litre to Rs 43.75.