BNP Paribas acquires broking firm Sharekhan for over Rs 2,000 crore

  French banking major BNP Paribas on Thursday reached an agreement with the shareholders of Sharekhan to acquire 100 per cent equity stake in the Indian brokerage for an undisclosed amount.......

Book extract: HDFC Bank, Warts and All

HDFC Bank was penalised R15 lakh in April 2011 for its role in the so-called derivatives scam. By no means is this big money for the bank but such regulatory actions tarnish the image of a bank. In......

Markets gain on IT shares, European cues

The markets surged in late-noon trades as investors bought shares from select sectors.A recovery in European markets also helped the Sensex to climb to a high of 16,754.The BSE benchmark index......

Rising prices draw investors to Africa

Rising prices are luring an increasing number of private investors to Africa's food sector, where they are convinced of making profits -- for the first time in decades, a media report said.......