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Credit Suisse's troubles unlikely to impact India's banking system say experts

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has…

PTI   


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1 min read

Rupee falls 10 paise to 82.75 against US dollar in early trade

The rupee depreciated by 10 paise to 82.75 against the US dollar in early trade on Thursday amid ne…

PTI   


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AI to digitalisation and green energy: Supertrends defining investment for today and the future

The contours of the global economy are changing rapidly and are being shaped by factors like techno…

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Credit Suisse is in trouble, but this is not 2008 – investors remain wary of the ‘all is well’ soundbites

Credit Suisse, one of the largest and oldest banks of the world, is in trouble after the sharp rise…

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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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Sensex shoots up 419 points, Nifty over 17k level

In Asian markets, Hong Kong's Hang Seng went up 320 points, Japan's Nikkei surged 183 points, …

ANI   


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Sensex snaps 5-day losing streak on value-buying; Nifty closes near 17,000 level

Halting its five-day losing streak, the 30-share BSE benchmark rose 78.94 points or 0.14 per c…

PTI   


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Credit Suisse is looking to hire over 1,000 IT employees in India as it battles controversy at home

Credit Suisse’s staff in India already accounts for 25% of its workforce and the Switzerland-based …

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1 min read

New India Assurance net profit drawn down by huge operating loss in the health insurance segment

Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net pro…

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3 mins read

Windfall taxes won't take the wind off Reliance's earnings say experts

"With fuel export tax for refiners being reviewed every fortnight, we see limited impact on RIL's e…

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5 mins read

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…

Theron Mohamed   


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5 mins read

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

The UBS-Credit Suisse megadeal could make it tougher for the Fed to fight inflation without causing…

Theron Mohamed   


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'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS

On a Monday call, the overarching view from executives was that "this is very rushed," and "nobody …

Kate Duffy,Lina Batarags,Huil…   


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Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank.

People at the beleaguered investment bank are working in a state of limbo as many question their fu…

Aaron Weinman   


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3 mins read

UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here are some of the passive-aggressive digs from both sides.

UBS acquired Credit Suisse in a rescue takeover this weekend. But neither side seemed to be too hap…

Matt Turner   


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2 mins read

Credit Suisse credit traders jump to HSBC

Robbert Vorhoff, General Atlantic's top healthcare dealmaker, details the hottest trends in the spa…

Dan DeFrancesco,Jordan Parker…   


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Credit Suisse bank chairman broke Covid-19 quarantine rules to attend Wimbledon tennis tournament: report

Swiss bank Credit Suisse first began investigating in December after Antonio Horta-Osorio broke qua…

Stephen Jones   


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4 mins read

Delhivery is nothing like Zomato or PayTM - Credit Suisse expects the stock to outperform

Though the logistics company banks on delivering goods for top e-commerce players, it doesn’t fa…

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1 min read

Indigo stock gains as a plea to shut down SpiceJet has been admitted

Further, the court has asked the official liquidator (Credit Suisse) to take over the assets of …

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4 mins read

A playbook for Budget 2021 to boost electronics manufacturing in India

In line with its Atmanirbhar Bharat (self-reliant India) campaign, the Indian government has put ma…