Goldman Sachs exits China bank 7 years, billions later

/PRNewswire/ -- China Renaissance Group has appointed Christine Low as Chief Operating Officer. In her role, Ms Low will report directly to Mr Fan Bao, CEO of China Renaissance Group. Ms Low was previously with UBS where she was the Asia Investment ...

NEW DELHI: UB Group’s Mangalore Chemicals and Fertilisers Ltd (MCFL) posted about 22 per cent drop in standalone net profit at Rs 16.84 crore for the quarter ended March, 2013, as sales dropped due to poor demand in drought-hit states and rise in ...

Vijay Mallya-led UB group has inked a loan agreement for one million with Heineken along with a brewing pact, under which if the Indian partner defaulted in payment the Dutch firm would gain rights to produce and sell Kingfisher beer in the UK for five years.

UBS has tapped a former Deutsche Bank investment banker to join its financial institutions group in the Americas.

no change of control at Royal Challengers Bangalore (RCB) as Diageo has not been able to raise its stake to 53.4% in United Spirits, the company that owns the IPL team. Mallya had sought BCCI's approval to transfer the ownership of the team to Diageo, a top ...

Kingfisher submits plan to DGCA to restart airline; has sought renewal of flying license, funding to be provided by UB Group

The Videocon group has planned to retire a substantial portion of its Rs 29,000-crore (Rs 290-billion) debt from the proceeds of the sale of its 10 per cent stake in a Mozambique gasfield, which could raise up to $3 billion (Rs 16,300 crore) by this month-end.According to a banking source, Videocon is aiming to bring down its debt to a manageable Rs 10,000 crore (Rs 100 billion) over the next few years. With interest rates at a high, the reduction in finance costs will help the group to free ...

The author investigates the real link between inequality, poverty and growth Sikkim's clash of civilisations Sunanda K Datta-Ray The old faultlines of identity remain despite aggressive modernity The learnings from Boston suggest that India's police need to ...

Soanes, who spent not quite six months in the job, will run the newly established financial institutions group. Both Vereke and Soanes will report to Orcel.