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Japanese merger creates world's largest bank

Japan's Mitsubishi Tokyo Financial Group and UFJ Holdings said on Thursday that they have clinched a deal to create the world's largest bank by October 1, 2005.The merged entity -- Mitsubishi UFJ......

SBI initiates fund-raising for Tata Motors

State Bank of India-led consortium will raise $3-billionloan by April for Tata Motors' acquisitions abroad, including the $2-billion Jaguar and Land Rover deal. Apart from SBI, the consortium will......

Why Japan is betting big on Indian pharma cos

One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions, report Sohini Das &......

SBI in 'Hall of Shame' of banks funding cluster bomb makers

The maximum number of banks are from the US (74), followed by China (29) and South Korea (26). State-run banking behemoth SBI has been named in a 'Hall of Shame' list of 158 banking and financial......

Why foreign banks are going slow on India

Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march. Illustration: Uttam Ghosh/Rediff.com Foreign banks are......

Mitsubishi Tokyo Financial Group

News for Mitsubishi Tokyo Financial Group

Japanese merger creates world's largest bank

SBI initiates fund-raising for Tata Motors

Why Japan is betting big on Indian pharma cos

SBI in 'Hall of Shame' of banks funding cluster bomb makers

Why foreign banks are going slow on India

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