Reason for rejection hasn't been stated; deal among seven rejected transactions.
Amid improving fundamentals, the bank is keen to double the corpus over the next year and a half, said a senior official.
The recovery in the emerging markets can be attributed to the fiscal measures taken by their respective governments, which would help them to post positive growth next year, the report said. Amid this global recession, the longest and deepest since the Second World War, the world economy is expected to contract 1.3 per cent and advanced economies would see a contraction of as much as 3.8 per cent.
BNP Paribas is planning to set up a company that will provide discretionary portfolio management services, even as it plans to expand its private banking business in India by adding real estate and art investment advisory services.
Deposing before the special court on Tuesday, Sabesan said the CBI had given the bank a set of documents that it seized during its investigation into the Satyam scam and asked it to ascertain if they were issued by the bank.
French banking major BNP Paribas is planning to sell its domestic retail broking unit, Sharekhan, according to news reports on Tuesday. The reports even named leading financial institutions as possible suitors. "We would not be able to comment on the mentioned queries at this time," said a company spokesperson in response to a query from Business Standard seeking clarification on the news item.
Barclays and BNP Paribas are considering the acquisition of Lehman Brothers' investment banking and brokerage businesses in India.
The move will help BNP Paribas expand its operations in India.
Australian Open champion and top seed Victoria Azarenka recovered from a sluggish start to beat Slovakia's Daniela Hantuchova 6-4, 6-1 in the second round of the BNP Paribas Open on Saturday.
In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.
Sania Mirza and her Zimbabwean partner Cara Black lost to top seeds Hsieh Su-Wei of Taiwan and Peng Shuai of China in straight sets in the women's doubles final of the BNP Paribas Open, a Premier WTA tournament, at Indian Wells.
Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors.
So far this calender year, the 30-share benchmark index Sensex has moved up by around 16 per cent in rupee terms and 11 per cent in US dollar terms.
The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
French bank BNP Paribas' wealth management arm said it expects the economy to expand by 4.3 per cent this fiscal and the growth to pick up and touch 5.1 per cent in FY15.
According to the financial services major, the recent decline in inflation, driven largely by food prices, gives the RBI room to pause monetary tightening.
BNP Paribas Securities sees the benchmark Sensex touching 22,000 mark in 2014, even as it cautioned over the earnings estimates in medium term.
The first voice by the new government clearly indicates growth and fiscal consolidation and that tells we are in a bull run for a long time.
Buoyant domestic sales are expected to lift revenues for pharma companies by 8-11 per cent in Q3FY26, even as declining generic Revlimid (cancer drug) sales in the US remain a key drag. Most brokerages forecast a modest 2-4 per cent growth in profit after tax (PAT) for the quarter. Hospitals and diagnostics companies, meanwhile, are likely to post much stronger numbers, with revenues seen growing 20-22 per cent year-on-year (Y-o-Y).
Domestic equities surged on Tuesday, posting their best single-day gains in more than eight months after a long-awaited trade deal between India and the US. The deal, which lowered tariffs on Indian goods to 18 per cent from 50 per cent, significantly improved investor sentiment and lifted a key overhang for the market.
A strong third-quarter (October-December/Q3) performance for 2025-26 (FY26) has helped the stock of India's largest listed pharmaceutical (pharma) company, Sun Pharmaceutical Industries, gain about 7 per cent since the start of February.
FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
India's two-wheeler industry is seen growing 6-9% in 2026, though a proposed ABS mandate for sub-125cc models could push up prices and temper volumes.
With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26).
With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
The banks says that valuations are reasonable.
French banking major in equity tieup talks with NBFC, housing finance firm.
The last time these two indexes recorded a negative performance on a calendar year basis was in CY19.
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.
India may see its busiest EV festive season in 2025 with SUVs, luxury cars and scooters set to launch, but rare-earth supply bottlenecks risk delaying rollouts.
Daniil Medvedev jumped for joy in an uncharacteristically emotional celebration after holding off young Frenchman Arthur Fils for a 6-4, 2-6, 7-6(7) win amid gusting winds on centre court in quarter-finals of the BNP Paribas Open, at the Indian Wells Tennis Garden, on Thursday.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
Sumit Nagal got the big break as he was the highest ranked player in that draw.
Financial services major BNP Paribas on Wednesday cut India's GDP growth forecast for the current fiscal to 3.7 per cent from 5.7 per cent earlier, saying the country's 'macro muddle' is fast approaching crisis proportions.
Carlos Alcaraz's hopes of capturing a third successive Indian Wells title went up in smoke on Saturday and the Spaniard said his inability to tame his nerves was more of a disappointment than the stunning semi-final defeat by Jack Draper.
Conservative investors seeking equity-like tax benefits with low risk may go for them.
Paes-Damm went down fighting against Jeff Coetzee of South Africa and Rogier Wassen of Netherlands 6-3, 6-7(5), 9-11 in the first round match in Paris on Monday.
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