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About 11 results for "deutsche bank rsquo"

'Long term view on India remains optimistic'

Deutsche Bank's co-CEO Anshu Jain has described India as a ‘strategic’ market for the Germany-based global banking major, saying that its long term view on the country remains optimistic. "India has long been important for Deutsche Bank. “We are a large investment bank and commercial bank there, and we have growing retail and asset management businesses in the country. We have a large amount of vital back office and mid office infrastructure in India. India is ... Rediff.com, 1 month ago

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Deutsche Bank's Bagga quits

Ajay Bagga, managing director and head of the private wealth management business of Deutsche Bank in India, has resigned from his post, people familiar with the development told Business Standard. Bagga, who joined the German lender in 2009, quit last week.   When asked, Bagga declined to confirm if he was leaving. A spokesperson of Deutsche Bank in India also refused to comment. But sources say the bank had accepted Bagga's resignation. It is also learnt the bank has initiated a ...
 Rediff.com4 weeks ago
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Rs 9,600-cr QIP: SBI spared the blushes by LIC

State Bank of India’s (SBI’s) much-hyped share sale fell way short of its Rs 9,600-crore target on Wednesday, as many foreign institutional investors (FIIs), including the top names, skipped the issue over difference on pricing and concerns over bad assets. Investment banking sources in the know said SBI received bids for over 75 per cent of the shares on offer; this translates into Rs 7,200-7,300 crore. Had it not been for investments by Life Insurance Corporation (LIC) of India, ...
 Rediff.com2 months ago
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Investors lap up govt's big-ticket share sales

Institutional investors - both foreign and domestic - lapped up the government’s big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.  The Centre sold a nine per cent stake in Axis Bank, held by the Specified Undertaking of UTI (Suuti), worth about Rs 5,500 crore, to a clutch of institutional investors through block trades on stock exchanges. Also, it raised another Rs 3,000 crore by divesting stakes in a handful of central public-sector ...
 Rediff.com3 weeks ago
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Capital crunch for smaller public sector banks to worsen

India’s public sector banks have a lot more to worry than accumulation of bad loans. Operating metrics of state-owned banks have steadily worsened over five years, affecting return ratios. While costs have risen and margins declined, dividend payouts remain elevated. Analysts believe this is uncalled for, as the bank’s core capital has gotten eroded over time, thanks to such payouts. In FY14, the government infused Rs 14,000 crore (Rs 140 billion) into public sector banks, a ...
 Rediff.com1 month ago
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Exports drive earnings for another quarter

Corporate India’s earnings in the quarter ended December were largely in line with Street expectations but the overall performance looked similar to that in the previous quarter -- export-driven sectors like information technology and pharmacheuticals again stole the show. While revenue of 3,253 companies grew 10 per cent, a large part of this growth came from export-dominated sectors. According to analysts led by Espirito Santo Securities’ Mukul Kochhar, this is a second straight ...
 Rediff.com1 month ago
DNA

India-born Rajiv Suri may become Nokia?s next CEO

According to sources, when software giant Microsoft concludes the acquisition of Nokia’s handset business, an announcement elevating Suri will be made by the end of March or April. After the acquisition, Nokia will be left with the telecom equipment, ...
 Jagran Post1 month ago After Microsoft's Satya Nadella, Nokia to give charge to Indian-origin Rajeev Suri as CEO  DNA1 month ago
Jagran Post

Naipaul, Malala among Britain's most influential

The first-ever ‘Influential 500’ list, compiled by specialist publisher Debrett’s and ‘The Sunday Times’ newspaper, includes personalities in 25 areas chosen by experts in their field. While Yousafzai makes the cut in the ...
 Jagran Post2 months ago
Jagran Post

Bharti Airtel raises over Rs 2,400 crore from overseas bond sale

The proceeds will be used to refinance its existing debt. The company said in a statement that ‘its wholly-owned subsidiary Bharti Airtel International (Netherlands) BV has successfully priced CHF 350 million 3 percent guaranteed senior notes due March ...
 Jagran Post1 month ago
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