Mitsubishi Ufj Financial Group

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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 &......

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......

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