Virgin Money formed a rare female chair and chief executive team among Britain’s top 350 listed companies by hiring former HSBC executive Irene Dorner as chairwoman.
Two units of Japan’s “MUFG” agreed to pay $30 million to end private US antitrust litigation claiming they conspired with other banks to rig yen Libor and Euroyen Tibor.
Standard Chartered is looking to drive returns by boosting lending to key industrial sectors and clients, in a move that could cut about a dozen investment banking jobs.
LINK said it will do “whatever it takes” to retain free access to cash for all communities.
Arcapita has been appointed as an advisor to HSBC Saudi Arabia for a $150 million investment fund that will target logistics and warehouse assets.
US derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called “spoofing” and manipulation.
British lender HSBC said waning effects from the GST impact will help push the Indian GDP growth to 7 percent in FY19.
Carillion collapsed when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of the govt’s important suppliers.
Several institutional investors are backing Ryanair to bounce back from a pilot rostering mess-up.
European shares opened slightly lower, with most sectors except financials in the red as concerns grow over the direction of the bond market.
To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI
SBI puts Rs 1935 Cr worth loans up for sale to 24 entities
Seeks bids on cash basis or a mix of cash and security receipts
Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt
Financial Express Reports
POWER GRID CORP
Emerges as lowest bidder for Rs 1000 cr project
To set up Vindhychaal-Varanasi 765 KV transmission line
Financial Express Reports
Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr
Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group
Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility
AVIATION IN FOCUS
Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY
Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM
Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM
IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM
SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM
Air India Jan Market Share At 13.3% vs 13.1% MoM
Jet Airways Jan Market Share At 14.3% vs 14.6% MoM
IndiGo Jan Market Share At 39.7% vs 39.4% MoM
SpiceJet Jan Market Share At 12.6% vs 12.7% MoM