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standard chartered
Rupee Vs Dollar: Rupee may fall to a new record low on worsening current account | India Business…
NEW DELHI: The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets. The currency may drop to between 79 to 81 per dollar over the next few months, according to…
Adani Buys Ambuja Cement, ACC From Holcim In India’s Largest Cement Deal; 6 Key Points
Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim’s stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. Gautam Adani said the group expects…
Citi joins list of foreign banks scaling down India ops
Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis Bank for an estimated Rs 12,325 crore.…
Bank CEOs now think they are running technology companies: Bill Winters, CEO, Standard Chartered
Technology is now at the heart of big finance, prompting bankers to change their approach to running an industry that is considered more traditional than any other in existence today. Bank CEOs now 'think themselves as running technology…
Ukraine war to give China chance to escape US hegemony over SWIFT, CHIPS and the dollar?
The key pillars of U.S. economic hegemony are SWIFT, CHIPS, and the dollar. Weaponizing any one of them against Russia in the war against Ukraine will make China eye an alternative.…
Five-Day office week is dead? Work from home here to stay? Even bosses are giving up
For the vast majority of desk-based staff, the Monday to Friday commute has disappeared forever.
With pandemic restrictions in the U.K. largely gone, offices are getting busier.…
Barclays plans to restart hiring in India, other Asian countries after hiatus
Barclays Plc plans to make key hires in investment banking and wealth management across Asia next year as the British lender plots its return to some of the world’s fastest growing economies after a 2016 restructuring.…
Greta Thunberg joins London climate protest ahead of COP26 – Times of India
LONDON: Teenage climate activist Greta Thunberg attended a small protest in London on Friday against global banks' role in the fossil fuel industry, ahead of travelling to the upcoming COP26 summit in Scotland. The 18-year-old environmental…
GST Council’s clarifications could spell relief for companies
Two clarifications issued by the GST Council at its Lucknow meeting are likely to provide relief to businesses. The businesses that could benefit include Indian entities like telcos, insurers and banks having operations across several…