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Abe, Singh to meet today; investment deals likely

 The annual summit between India and Japan on Saturday will seek to forge greater bilateral trade and investment ties, with Japanese Prime Minister Shinzo Abe coming with a high-powered business......

SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

 The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan......

India Opens Doors To Foreign Banks, But...

 But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In September 2006, the Union government had put the Satara......

M&M to exit Swaraj Mazda, to sell pie to Sumitomo

 Auto major Mahindra & Mahindra is understood to have decided to exit from commercial vehicle maker Swaraj Mazda by selling its stake to Japan's Sumitomo Corporation. According to sources close to......

Strategic pacts reshape energy turf

 Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain — from sourcing more crude oil......

Japan's Sumitomo to buy 4.5% in Kotak Bank

 Japan's Sumitomo Mitsui Banking Corporation on Wednesday announced that it would invest Rs 1,366 crore (Rs 13.66 billion) for a 4.5 per cent stake in private sector lender Kotak Mahindra Bank. The......

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