Four top local lenders, including HDFC Bank and Kotak Mahindra Bank, and the Singapore-based DBS Bank have emerged as the top five contenders to take over Citi Indias estimated $2-billion retail ... ( read original story ...)
Five Banks, Including HDFC & Singapore-Based DBS, In Fray For Citi India’s Retail Business
The Economic Times, which mentioned this in a report, cited top banking sources as saying that Kotak Mahindra, HDFC and DBS are considered favourites to grab the franchise. ( read original story ...)
Fitch affirms Glenmark Pharmaceuticals at BB on IPO
Fitch Ratings has affirmed Glenmark Pharmaceuticals Ltd long-term issuer default rating at BB after its active pharmaceutical ingredient API business comple ... ( read original story ...)
Singapore’s GIC invested an additional $94m into Bukalapak before its IPO
Bukalapak’s stock rose almost 25% to US$0.074 apiece on its IPO debut, but went down to US$0.072 in today’s trading session. ( read original story ...)
mm2 Asia to pursue Kingsmead transaction and cinema IPO options in parallel
The proposed sale process of mm2 Asia's cinema business will run in parallel with its runway toward listing it on the Singapore Exchange's Catalist board, the company said on Tuesday (August 10). In a ... ( read original story ...)
Top 10 Fintech and Insurtech Innovation Labs in Singapore to Check Out in 2021
Singapore, which has set out to become one of the leading fintech hubs in the world, has witnessed the establishment of dozens of innovations labs in recent years as banks and foreign tech firms are ... ( read original story ...)
Singapore’s fintech industry sees 3-year record of 72 deals worth US$614.2m in H1
Singapore's financial technology (fintech) industry saw a three-year high in deals transacted in the first half of this year, thanks to corporates speeding up their digital transformation.. Read more ... ( read original story ...)
HDFC Bank, Axis Bank, three others in race to buy Citi India’ retail business: Report
In April this year the US banking major Citigroup had announced its exit from the consumer banking business from 13 countries across Asia and Europe, including India. The move, according to the group, ... ( read original story ...)
OWNDAYS Introduces Membership Programme in Singapore to Reward Loyal Customers with Exclusive Perks
Japanese fast fashion eyewear brand, OWNDAYS, unveils a membership programme in Singapore today, allowing customers to earn membership points for their purchases and receive members-only perks while ... ( read original story ...)
Stock Market Today: SGX Nifty flat; Asian markets open higher; all eyes on 2 IPOs opening today
Nifty futures on Singapore Exchange traded 2.5 points, or 0.02 per cent, lower at 16,269.50, signaling that Dalal Street was headed for a muted start on Tuesday. Nifty50 on Monday came under selling ... ( read original story ...)
5 lenders including HDFC Bank and Kotak in race for Citi India’s retail business
Four top local lenders, including HDFC Bank and Kotak Mahindra Bank, and the Singapore-based DBS Bank have emerged as the top five contenders to take over Citi Indias estimated $2-billion retail ... ( read original story ...)
Ahead of IPO, Chemplast Sanmar raises over Rs 1,732 crore from anchor investors
The company has decided to allocate 3,20,24,029 equity shares to anchor investors at Rs 541 apiece, valuing the transaction to Rs 1,732.5 crore, according to a circular uploaded on the BSE website. ( read original story ...)
Stripe is the most awaited IPO this year
Stripe is one business expected to go public this year, according to investors which handle billions of dollars in payments each year. ( read original story ...)
Best DBS/POSB Deals To Feel Celebratory About In August Even With NDP Postponed
On 8th and 9th August 2021, DBS/POSB Cardmembers can look forward to a slew of attractive deals, including cashback on food delivery. ( read original story ...)
DBS and SIA chairman Peter Seah heads list of National Day Award recipients | Video
Mr Peter Seah, chairman of DBS Group Holdings and DBS and Singapore Airlines, heads this year’s list of National Day Award recipients. Mr Seah, who is also the chairman of Lasalle College of the Arts ... ( read original story ...)
Is DBS Group Holdings (DBSDY) A Worthy Stock Investment?
Fiduciary Management, an investment management firm, published its “International Equity Fund” second quarter 2021 investor letter – a copy of which can be downloaded here. The FMI International ... ( read original story ...)