7 March 2019: Distressed asset funds of Deutsche Bank and Hong Kong’s SC Lowy have bid for the Essar Steel and Bhushan Power & Steel loan accounts put up for sale by Central Bank of India, said two people familiar with the matter. … Read More ›
Deutsche Bank
ET: Kotak Investment and Karvy put in bids for Ricoh India
13 February 2019: Kotak Investment Advisors and Karvy are among multiple investors who have put in bids or Ricoh India, which is facing insolvency. Minority shareholders are also looking to buy the company, sources told ETNOW. The committee of creditors… Read More ›
WEEKEND EQUITY UPDATE: 18 AUGUST 2012 – 19 AUGUST 2012
ASIA Prices of new homes in China rose in 49 of the 70 cities in July over the previous month’s data. The cutting of interest rates, improved sentiment and incentives for new home buyers weighed in on the data. Prices… Read More ›
DEUTSCHE BANK DOWNGRADES SBI TO HOLD
Deutsche Bank downgraded State Bank of India from ‘buy’ to ‘hold’ on deteriorating quality of assets evident from its 1Q12 results. Declining net interest margins, high exposure to SME loans could all lead to higher NPA’s in the future. (Moneycontrol)
EQUITY UPDATE: 1 AUGUST 2012
ASIA China’s steel factories saw a 96 percent decline in profits for the 1HY12 period on economic slowdown lowering demand. The China Iron and Steel Association revealed that profits came in at RMB 2.39 b (GBP 376 m) on rising… Read More ›
EUROPEAN EARNINGS: DEUTSCHE BANK; KPN
EUROPEAN EARNINGS Deutsche Bank – Co. reported preliminary 2Q12 profits at EUR 700 m (USD 844 m) vs EUR 1.2 b a year ago. Expectations came in at EUR 999 m, as the bank missed its target by some distance…. Read More ›
DAILY MARKET REPORT – 19 JULY 2012
The Indian indices closed the day in the positive territory on the back of strong gobal cues. The Sensex ended the day at 17278.85 points, up 93.84 points or 0.55 percent. The Sensex touched a high of 17318.93 and a… Read More ›
