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Banking & Finance

Citibank India CEO calls selling consumer business to Axis an ’emotionally difficult decision’

Michael Grunwald Jan 14, 2023
Citibank India sold its consumer business to Axis Bank in a $1.6-billion deal last year. While it weighed hard on the emotions, CEO Ashu Khullar calls it a ‘strategically right’…
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Business Profiles

90% of businesses accepting blockchain: data

Michael Grunwald Jan 14, 2023
China, where more than half of respondents intend to invest in blockchain technology by 2023. Although the cryptocurrency and blockchain industries have had a difficult year,…
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Business Profiles

L&T Tech To Buy Smart World And Communication Business Of Parent Firm For Rs 800 Crore

Michael Grunwald Jan 14, 2023
L&T Technology Services will acquire the Smart World & Communication Business in an all-cash deal worth Rs 800 crore. IT company L&T Technology Services will acquire…
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Business Profiles

Ahead of global meet, UP roadshow in Delhi to woo investors

Michael Grunwald Jan 14, 2023
NEW DELHI: Ahead of its Global Business Summit from Februaty 10-12 this year, the UP government held a road show in the national capital on Friday, projecting the state as an ideal…
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Business Profiles

Modi: Global risks offer new openings for desi businesses

Michael Grunwald Jan 14, 2023
NEW DELHI: Amid the backdrop of looming risks, the emerging global environment presents new and diverse openings in digitisation, energy, health care and agriculture, PM Narendra…
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Finance

Save Now, Buy Later: A New Business Model In Fintech That Is Grabbing Eyeballs

Michael Grunwald Jan 14, 2023
SNBL builds on the existing tendency of Indians to save for their purchases instead of using credit A nascent trend globally, Save Now, Buy Later, or SNBL business model, is the…
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Business Profiles

Business schools alumni: 48% want lifelong learning

Michael Grunwald Jan 10, 2023
Business school alumni are seeking further lifelong learning opportunities from their alma maters, new research has suggested. The Alumni Matters study by CarringtonCrisp and…
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Business Profiles

Redefining Business: The IBLF Way

Michael Grunwald Jan 10, 2023
IBLF recognises and appreciates the life and career experience of industry veterans, who should be celebrated as heroes in their own right Business is an ever-evolving,…
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Digital Currency

Paytm shares rally after company shares strong Q3 business update

Michael Grunwald Jan 10, 2023
At one point during intraday trade, Paytm shares gained over four per cent but settled 2.29 per cent higher at the closing bell. In Short Paytm disbursed loans worth Rs…
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Loans

Small business loans & merchant OD facility helped Equitas SFB loan growth: CEO

Michael Grunwald Jan 10, 2023
Synopsis “We do not expect our risk profile of the portfolio to change pre Covid and post Covid. Also pre Covid, our average annual credit cost used to be in the range of 1 to…
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