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Emirates NBD eyes majority stake in RBL Bank
Financial Express Mumbai
|October 14, 2025
IN MAY, HOWEVER, the RBI made an exception to allow Japan's Sumitomo Mitsui Banking Corp (SMBC) to buy a 20% stake in Yes Bank. SMBC agreed to acquire a further 4.2% stake in September. Earlier too, the central bank allowed the struggling Lakshmi Vilas Bank and forced its merger with the local subsidiary of Singapore’s largest lender DBS Bank.
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In 2018, Prem Watsa’s Fairfa
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Financial Express Mumbai
ECL may raise provisions, but banks seen resilient
LENDERS WITH HIGH exposure to the MSME or the unsecured segment are likely to face near-term pressure in terms of provisioning and CET-1 ratios due to the draft expected credit loss (ECL) framework, analysts said.
3 mins
October 15, 2025
Financial Express Mumbai
WHO warns against 3 Indian cough syrups
THE WORLD HEALTH Organization issued a global alert over three contaminated cough syrups made in India, the latest development in a series of quality-control failures linked to the deaths of more than a dozen children.
1 min
October 15, 2025
Financial Express Mumbai
Drone delivery firm Airbound raises $8.65 mn in seed funding
BENGALURU-BASED AIRBOUND, a provider of autonomous drone delivery services, has raised $8.65 million in seed funding.
1 min
October 15, 2025
Financial Express Mumbai
No place safe for terrorists now: Shah
OPERATION SINDOOR ENSURED the devastation of headquarters, training centres and launchpads of terrorist groups in Pakistan, Union Home Minister Amit Shah said on Tuesday, asserting that no place is safe for terrorists anymore.
1 mins
October 15, 2025
Financial Express Mumbai
Opportunities for private capex have shrunk’
SANJEEV PRASAD, MANAGING DIRECTOR & CO-HEAD, KOTAK INSTITUTIONAL EQUITIES
4 mins
October 15, 2025
Financial Express Mumbai
MFs pause investments on silver shortage, premiums
Kotak MF anticipates shortage in domestic silver supply to persist throughout this month
1 mins
October 15, 2025
Financial Express Mumbai
TCS to reskill 100,000 staff annually
IT SERVICES MAJOR Tata Consultancy Services will retrain about 100,000 employees each year — around one-sixth of its global workforce — to adapt to the sweeping changes brought by artificial intelligence, Nikkei Asia reported.
1 min
October 15, 2025
Financial Express Mumbai
India reliable partner in Mongolia’s progress: PM
INDIA HAS BEEN a \"reliable partner\" in Mongolia's development and both the nations support a free, open and rules-based Indo-Pacific, Prime Minister Narendra Modi said on Tuesday after holding wide-ranging talks with Mongolian President Khurelsukh Ukhnaa.
1 mins
October 15, 2025
Financial Express Mumbai
TechM profit up 4.7% sequentially
TECH MAHINDRA POSTED a 4.7% sequential growth in net profit for the second quarter of the fiscal at $1,195 crore (Q1: %1,141 crore), the Mumbai-based technology major announced on Tuesday. The figure fell short of Bloomberg estimates of 1,285 crore.
1 mins
October 15, 2025
Financial Express Mumbai
Govt draws up ₹19.3L-cr plan for nuclear power
ELECTRICITY BODY SUGGESTS 49% FDI, LIABILITY CAP FOR SUPPLIERS
2 mins
October 15, 2025
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