The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the road
We now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
SoundCloud, the world's most popular streaming music app said it received new funding on Friday, the company laid off 40 percent of its staff in July.
The financial services firm wants to cash in on the Jain's experience of handling several investment products across Europe, and hence plans to grow its investment banking business in the region
Yahoo Inc has hired boutique investment bank Black Stone IP LLC to sell about 3,000 of the internet company's patents, the Wall Street Journal reported, citing people familiar with the matter.
Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter.
Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said.
25,000 staff to be reduced from Brazil and Turkey units and another 22,000-25,000 by consolidating IT and back office operations
The second highest offer came in at Rs 32 lakh.
As per a tentative plan, MF Global's holding company would file for bankruptcy protection and derivatives trader Interactive Brokers would buy the assets.
The compromise solution to the bank's leadership succession could complicate decision-making at the top.