India’s IndusInd Bank beats Q4 profit view on strong loan growth, lower provisions

[ad_1] BENGALURU, April 24 (Reuters) – Indian private lender IndusInd Bank (INBK.NS) reported a bigger-than-expected rise in fourth-quarter profit on Monday, helped by strong loan growth and drop in provisions…

Sweden’s SKF reviewing Aerospace business ownership

[ad_1] Dec 8 (Reuters) – Swedish bearings maker SKF (SKFb.ST) said on Thursday it was looking at the ownership of its aerospace business, amid ongoing consolidation in the industry, in…

Goldman-backed ReNew plugs into U.S. public market with $8 bln blank check deal

[ad_1] Feb 24 (Reuters) – ReNew Power will go public through an $8 billion merger with a blank-check firm in the biggest deal in the fast-growing clean energy sector in…

India ICICI Bank’s net profit jumps 30% in January-March

[ad_1] MUMBAI, April 22 (Reuters) – Indian private lender ICICI Bank (ICBK.NS) on Saturday reported a near 30% increase in net profit for the fiscal fourth quarter ending in March,…

India cenbank gives HDFC Bank selective regulatory relief post HDFC merger

[ad_1] MUMBAI, April 21 (Reuters) – The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd (HDBK.NS) and Housing Development Finance Corp Ltd (HDFC) (HDFC.NS) selective regulatory relief to…

U.S. lawmakers ask for meeting on WTO waiver with Merkel during Washington visit

[ad_1] WASHINGTON, July 12 (Reuters) – Nine Democratic U.S. lawmakers on Monday urged Germany to drop its “blockade” of a COVID-19 related waiver of intellectual property rights under global trade…

D. E. Shaw expands in India as other US hedge funds ramp up hiring

[ad_1] NEW YORK/MUMBAI, April 18 (Reuters) – U.S. hedge fund heavyweight D. E. Shaw is opening two offices in India, the company said on Tuesday, joining rivals Millennium and AQR…

India HDFC Bank’s net profit jumps 19.8% in January-March

[ad_1] MUMBAI, April 15(Reuters) – HDFC Bank Ltd (HDBK.NS), India’s largest private lender, on Saturday reported a 19.8% jump in net profit for the January-March quarter, aided by healthy net…

World Bank’s new boss must push ahead on reforms, fight poverty-French minister

[ad_1] WASHINGTON, April 13 (Reuters) – France’s development minister said on Thursday she will tell the World Bank’s expected next president, Ajay Banga, to maintain the bank’s anti-poverty mission while…

Exclusive: To measure progress on sovereign debt, look to actual deals -World Bank’s Malpass

[ad_1] WASHINGTON, April 13 (Reuters) – World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana,…