The Burman family, promoter of Dabur India, is likely to buy less than 26 per cent stake in the Indian unit of Portuguese investment banking and securities firm Espirito Santo.Negotiations are at......
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.......
Portuguese investment bank Espirito Santo has raised concerns over the accounting processes of Bangalore-based biotechnology company Biocon.In a report released to the investment community on......
UBS will repay a loan and buy back equity in a fund set up as part of its 2008 bailout, a move the Swiss bank said on Tuesday would bolster its capital later this year. The move draws a line under......
Emerging markets could be affected by a combination of lower liquidity and higher dollar interest rates caused by a hike in the US Fed funds rate, says Abheek Barua. Europe's ability to shock......