Credit Suisse reaching out to minority Snapdeal stakeholders to build consensus for sale to Flipkart
Snapdeal's largest investor, SoftBank has been proactively mediating the sale for the past few months.
Snapdeal which has been burning money to compete with its larger rivals Flipkart and the Amazon, is reported to have only cash left for a year at best
Reliance Jio's network coverage is significantly ahead of the other operators but the newcomer trails Airtel in 4G speeds given the high load on its network during the free offer period, says a report by Credit Suisse.
Formula One: No race in three years but Buddh Circuit won't be sold, insist debt-ridden Jaypee Group
Getting Formula 1 back to the Buddh International Circuit (BIC) is not on the priority list for the Jaypee Group but it has no plans to sell either.
A report by PAX last week listed the government-owned bank as one of 158 lenders - including JP Morgan Chase, Barclays, Bank of America and Credit Suisse
Technology security firm Symantec Corp said it would buy privately held cyber security company Blue Coat for $4.65 billion in a cash deal that will ramp up Symantec's enterprise security business.
Investment banking firm cited sharp drop in oil prices, "asynchronous" policies by top central banks, lower liquidity, a strong Swiss franc and "uncertainties on Chinese growth
Reliance Jio will launch 4G services for the Reliance Group employees on December 27, on the eve of its founder chairman's birth anniversary
Download speed on 4G network of Reliance Jio during its beta-test phase peaked at 70 megabit per second but remained in 15-30 mbps range on most occasions, as per field trial report by brokerage firm Credit Suisse.
Banks' reluctance prompted the government this week to extend the deadline for bids from banks for a third time
The ECB is committed to buying €60 billion a month in bonds to push down interest rates and help economies that use the euro.
Credit Suisse Group AG said the merger would also need an approval of the Income Tax Department.
RJio is the only private player with pan-India broadband wireless access (BWA) spectrum. It also acquired spectrum in 800 MHz and 1,800 MHz in auctions held in 2014 and 2015.
A total of 267 start-ups had applied for the programme launched last September, the company said in a statement.
IOB reported a net loss of Rs 516.03 crore for the quarter ended December 2014 due to higher provisions for bad loans.
The figures, based on the definitive rich list compiled by Forbes in March 2014 and the data from investment bank Credit Suisse indicates that the London-based entrepreneurs are now the richest Britons in the world.
India's economy will see the fastest USD nominal growth in the world in 2015, says Credit Suisse.
Alibaba's online and mobile commerce businesses will be controlled by a "variable interest entity," an arrangement meant to allow investors to buy into Internet and other businesses in which Beijing bans or limits foreign ownership