Financial Insights That Matter (Bloomberg) — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg UBS Group AG is recommending to short India’s rupee and go underweight on the country’s stocks amid slowing economic growth, a trend that could […]
Financial Insights That Matter A renewed push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country head for Barclays Plc.“We are certainly seeing a higher degree of competition from some of the banks, including many […]
Financial Insights That Matter PARIS — Unilever’s India unit is acquiring Minimalist, a premium beauty brand born in India. Financial terms of the deal were not disclosed. But Hindustan Unilever Ltd. said it is taking a 90.5 percent stake in the company through secondary buyouts plus primary infusion. Within two years, HUL should own the […]
Financial Insights That Matter NewsVoir Mumbai (Maharashtra) [India]January 23: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated Profit After Tax (PAT) at Rs. 2,007 Crore for the nine months ended December 31, 2024, a growth of 14% over nine months ended December 31, 2023. The […]
Financial Insights That Matter (Reuters) – India’s Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the company said in a exchange filing on Wednesday. BPCL’s exploration unit, Bharat PetroResources, holds a 16.23% stake in the Nunukan block, operated by Indonesia’s national oil company, Pertamina. […]
Financial Insights That Matter CleanMax has secured AED 99 million ($27 million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the United Arab Emirates. January 22, 2025 Uma Gupta CleanMax announced this week that it will obtain AED 99 million ($27 million) long-term credit facility from HSBC to develop and finance […]
Financial Insights That Matter India’s government is evaluating options ranging from a trade deal, cutting tariffs and importing more goods from the US if US President Donald Trump follows through with threatened trade action. Officials in the Narendra Modi-led administration have sketched out various scenarios to counter any steps a new Trump administration may take […]
Financial Insights That Matter Bharat Petroleum Corporation Limited (BPCL) has reached a financial milestone for its Bina Refinery expansion and petrochemical project, securing a loan agreement of Rs318bn ($3.67bn). This financial closure was achieved with the support of a consortium led by the State Bank of India. Located in Madhya Pradesh, India, the Bina Refinery […]
Financial Insights That Matter How do I plan the smooth transition and safety of the estate that I have accumulated over my lifetime? -Name withheld on request The initial step in estate planning involves a thorough assessment of one’s assets and liabilities. This entails cataloguing all properties, business interests, investments, bank accounts, and personal possessions […]
Financial Insights That Matter The historical resonance of 2025 cannot be overstated. It marks the halfway point to achieving the United Nations’ Sustainable Development Goals, reflecting progress and challenges in poverty alleviation, gender equality and climate action. It is an especially pivotal year in advancing regional commitments, such as the Addis Ababa Action Agenda on […]