The pace of mergers and acquisitions has slowed: Study
Morningstar, Inc., a provider of independent investment research, today published its merger and acquisition insights report for 2012, “Economic Headwinds Shift Catalysts for Takeover Activity.” Morningstar’s More...
Sumitomo Mitsui agrees to buy RBS’ aircraft leasing business
London (UK) – Sumitomo Mitsui, one of Japanese largest banks, has agreed to acquire the Royal Bank of Scotland’s (RBS’s) aircraft leasing business for $7.3 billion. This is the biggest disinvestment More...
US stocks fall owing to bleak earnings
US stocks closed lower Friday as JP Morgan Chase reported worse-than-expected fourth-quarter earnings, while downgrades of several European countries spurred new concerns over the region’s debt crisis. Investors More...
Credit ratings of nine European nations downgraded by Standard & Poor
Credit rating firm Standard and Poor’s has downgraded the ratings of eight European countries, indicating that the eurozone crisis has entered a dangerous phase. The firm slashed France’s AAA rating More...
A comprehensive EMI payment optioned travel package launched
Presenting another spectacular first, Cleartrip is proud to launch the most comprehensive and all-encompassing EMI payment option for its customers. In line with the promise of making travel simple, this offering More...
IDBI Bank & CARE ink MoU
IDBI Bank Head Quaters IDBI Bank Ltd has entered into a Memorandum of Understanding (“MOU”) with Credit Analysis & Research Limited (“CARE “) for utilizing CARE’s ratings for evaluating More...
L&T Infrastructure Finance offers tax savings bond for FY2012
The logo of Larsen & Toubro Ltd. is displayed outside the company's headquarters in Mumbai. Photographer: Kuni Takahashi/Bloomberg L&T Infrastructure Finance Company Limited will be issuing Tranche 2 More...