Capital Raising & Corporate Finance
India’s Capital Markets Brace for Blockbuster NSE IPO
India’s National Stock Exchange (NSE) has filed for an initial public offering with the Securities and Exchange Board of India,...
India
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News
Citi Taps Gaming Exec as India M&A Chief
Citigroup Inc. has appointed veteran investment banker Raj Rathi as its new head of mergers and acquisitions in India, effective...
Editor's Letter
Taking Stock at the Halfway Mark
From conflict to innovation, our June issue takes stock of the turbulent year thus far and anticipates the challenges still ahead.
News
Industry Insider Takes Reins of HSBC’s India Private Bank
Industry veteran Gautam Anand took over as HSBC’s head of Global India, HSBC Private Bank at the end of April....
Economics, Policy & Regulation
India: Modi Dealmaking Spree Spurred By Tariffs
As US-China tensions escalate, India accelerates trade deals with Canada, UK, EU and Brazil, slashing tariffs and expanding global alliances.
Capital Raising & Corporate Finance
MUFG Seeks Stake In Indian Finance Company
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank by assets and market cap, is close to buying a 20% minority stake in India’s Shriram Finance Limited (SFL), for an investment of $4.4 billion.
Capital Raising & Corporate Finance
Brookfield To Pump $12 Billion Into India Energy Projects
New York-based Brookfield agreed to invest $12 billion in green energy projects in Andhra Pradesh, India, over the next three years.
Winner Insights
CS Setty: Room For Growth
Challa Sreenivasulu Setty took over as chairman of the State Bank of India, named Best Consumer Bank, in August of last year. He discusses SBI’s digital journey, the trajectory of its consumer banking businesses, and the challenge posed by AI and fintechs.
Banking
Emerging Market Private Credit Steps Up
Expanding economies and bank regulatory hurdles prompt emerging-market companies to tap the private credit market.
Economics, Policy & Regulation
India: Credit Rating Gets An Upgrade
S&P Global Ratings raised India’s sovereign credit rating in mid-August from BBB- to BBB, one notch above its lowest investment-grade rating.
Capital Raising & Corporate Finance
WeWork Eyes $407 Million IPO Comeback
WeWork India is preparing to raise up to 35 billion Indian rupees ($407 million) through an initial public offering expected in August.
Banking
Japan’s SMBC Buying Stake In Yes Bank
India’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.