Credit Suisse Reported $69 Billion of Outflows Amid Meltdown That Led to UBS Merger
Credit Suisse reported a total of 61.2 billion Swiss francs (CHF) ($69 billion) in outflows in the first quarter of 2023, with a net asset...
Author : Chinmay Bohra
Reliance Brands Partner with Pret a Manger to Compete with Tata Starbucks, Opens First Store
Billionaire Mukesh Ambani-backed Reliance Brands is all set to take on Tata Starbucks after signing a long-term franchise agreement with UK-based French food and organic...
RBI Clarifies Terms of HDFC-HDFC Bank Merger
On Friday, HDFC Bank told the exchanges that it had obtained clarifications from the Reserve Bank of India on its merger with HDFC. The explanations...
Bank of Baroda Board Approves Funraisal of Up to $4 Billion via Bond and Certificate of Deposits
The Bank of Baroda said in its most recent exchange statement that the bank board has examined and sanctioned a $1 billion foreign currency fundraising...
Credit Suisse Bondholders Sue Swiss Regulator FINMA over Bond Wipe Out
Credit Suisse Group bondholders have filed a lawsuit against Switzerland’s banking regulator over its decision to wipe out their investments during last month’s emergency government-orchestrated...
Birla Rejoins VI Board after 2 Years, Shares Rose 6%
Vodafone Idea (Vi) shares rose 6% in intraday trade on Friday on heavy activity after the firm announced the reappointment of Indian billionaire Kumar Mangalam...
Musk Lost $13 Billion on 4/20, Owed to Tesla’s Disappointing Result, Starship Explosion and Twitter Blue Tick Removal
Elon Musk is anarchy incarnate, but not always cleverly and brilliantly. Elon Musk’s fortune plummeted in a volatile 24-hour period, including Tesla’s disappointing quarterly results,...
Indian Indices Open High Ahead of RIL Earnings, Defy Global Market Sentiment
Indian equities markets began moderately higher on Friday, defying bearish indications from foreign counterparts, driven by index heavyweights Reliance, ICICI Bank, and HCL Tech. At...
Adani Groups’ Stocks Continue to Face Trimmmings from Indian Money Managers
Money managers in India have continued to sell Adani Group shares, indicating that worries over governance linger even if the worst of the collapse appears...
Cryptocurrencies Fell Up To 8% Amid Sell-Off Due To Rate Uncertainty
On Wednesday, Ethereum fell as much as 7% as part of a larger crypto market sell-off as traders navigated a hazy environment. Bitcoin also dropped...