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BENCHMARK EXCLUSIVES

KSEBL loss multiplies 6.76 times to Rs1822 cr

By CL Jose Auditors pick holes in several key aspects of financial statements KOCHI/January 12-2022: The state’s power generator (or the power broker?), Kerala State...

Kerala Bank routes Rs25,000 cr to govt securities

Auditors raise serious questions about Kerala Bank bad loans

RBI prunes CSB Bank’s proposal for MD’s ESOS by 88 pc

Many coop banks (PACS) could be ticking financial time bombs

All 425 Articles

NEWS AROUND

GAIL acquires 26 pc stake in ONGC Tripura unit from IL&FS

BBN Bureau NEW DELHI/January 06-2022: GAIL (India) Ltd has acquired 26 per cent equity stake in ONGC Tripura Power Company (OTPC), which owns and operates...

Fall in bad loans helps PNB post Rs506 cr Q3 profit

V-Guard acquires 19 pc stake in Mumbai-based Gegadyne Energy Labs for Rs33.5 cr

Legacy employees of ‘Catholic Syrian Bank’ now a minority!

Tata Power bags Rs488 cr solar project from KSEBL

All 398 Articles

SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers

BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced a 10-year strategic preferred partnership...

UAE-UK deal to boost trade, export credit opportunities

GFH Group collective investments portfolio valued at AED991mn

Shuaa announces partnership with Arton

Auditors ‘qualify’ Gulfa Mineral Water accounts

All 60 Articles

GULF & ABROAD

Emirates NBD to sell controlling stake in Dubai Bank

CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the control of Dubai Government one way or other right from...

Takaful Emarat turns around; makes AED7mn profit

FAB completes payments business carve-out

Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts

Indosat Ooredoo to sell 4200 towers for $750 mn

All 313 Articles

CSB gives marching orders to hundreds of officers through new circular

January 22, 2019 CL Jose 1 BENCHMARK,

About 300 officers will retire two years in advance THRISSUR: A circular issued by Catholic...

KSEBL loss multiplies 6.76 times to Rs1822 cr

January 12, 2022 Benchmark Bureau 0 BENCHMARK,

By CL Jose Auditors pick holes in several key aspects of financial statements KOCHI/January 12-2022:...

GAIL acquires 26 pc stake in ONGC Tripura unit from IL&FS

January 7, 2022 Benchmark Bureau 0 NEWS AROUND,

BBN Bureau NEW DELHI/January 06-2022: GAIL (India) Ltd has acquired 26 per cent equity stake...

Kerala Bank routes Rs25,000 cr to govt securities

December 28, 2021 Benchmark Bureau 0 BENCHMARK,

Lending ratio (CD) falls to 59 pc; State Govt stake in bank hiked to 44 pc...

Auditors raise serious questions about Kerala Bank bad loans

December 20, 2021 Benchmark Bureau 0 BENCHMARK,

By CL Jose Has bank resorted to evergreening loans to conceal loss? KOCHI/December 20-2021: Is...

RBI prunes CSB Bank’s proposal for MD’s ESOS by 88 pc

August 12, 2021 Benchmark Bureau 0 BENCHMARK,

Volume of shares downsized from 34.70 lakh  to 4.33 lakh By CL Jose KOCHI/August 12-2021:...

Many coop banks (PACS) could be ticking financial time bombs

August 8, 2021 Benchmark Bureau 0 BENCHMARK,

Sitting on too low capital; no count on bad loans By CL Jose KOCHI: The...

Emirates NBD to sell controlling stake in Dubai Bank

April 7, 2021 Benchmark Bureau 0 GULF AND ABROAD,

CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the...

Takaful Emarat turns around; makes AED7mn profit

April 6, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report DUBAI/April 05-2021: Takaful Emarat, the DFM-listed Shariah-compliant life and health takaful provider, has...

FAB completes payments business carve-out

April 4, 2021 Benchmark Bureau 0 GULF AND ABROAD,

BBN Report Magnati now a fully-owned subsidiary of FAB ABU DHABI/April 04-2021: First Abu Dhabi...

Auditors express ‘Adverse Opinion’ on BILDCO FY20 accounts

March 31, 2021 Benchmark Bureau 0 GULF AND ABROAD,

CL Jose 'Negative cash flow, large current liabilities raise concerns' ABU DHABI/March 30-2021: The auditors...

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GULF & ABROAD

Emirates NBD to sell controlling stake in Dubai Bank
CL Jose Eradah Capital to conclude acquisition during 2021 DUBAI/April 07-2021: After being under the control of Dubai Government one ...
Read More
Takaful Emarat turns around; makes AED7mn profit
BBN Report DUBAI/April 05-2021: Takaful Emarat, the DFM-listed Shariah-compliant life and health takaful provider, has reported a net comprehensive income ...
Read More
FAB completes payments business carve-out
BBN Report Magnati now a fully-owned subsidiary of FAB ABU DHABI/April 04-2021: First Abu Dhabi Bank (FAB) on Sunday completed ...
Read More
More

SME HUB

RakBank, MetLife join hands for life insurance solutions for bank customers
BBN Report DUBAI/December 14-2020: MetLife, one of the largest global providers of insurance, annuities, and employee benefit programs, has announced ...
Read More
UAE-UK deal to boost trade, export credit opportunities
By Renji C DUBAI/ November 24-2020: Etihad Credit Insurance (ECI) and the UK Export Finance (UKEF) have signed a reinsurance ...
Read More
GFH Group collective investments portfolio valued at AED991mn
GFH holds minority stakes in Snowflake, UiPath, DoorD, etcash, DataRobot, Samsara, BYJUs, Outreach BBN Report BAHRAIN/November 19-2020: The GFH Financial ...
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LATERAL VIEW

Saudi organisations witness dramatic increase in cyberattacks in 12 months
About 61% of attacks also involve operational technology, Tenable report shows Dubai: As cybercriminals continue their relentless attacks, 95% of ...
Read More
Google’s Pixel 4, Pixel 4a, Pixel XL are first smartphones to be certified by ioXt Alliance
Devices with ioXt SmartCert give consumers and retailers greater confidence in a highly connected world Dubai: Google’s three smartphones - ...
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DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme
Applications exceed its previous record of 425 received in 2019 Dubai: The financial technology accelerator DIFC FinTech Hive has attracted ...
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TECH

Saudi organisations witness dramatic increase in cyberattacks in 12 months
About 61% of attacks also involve operational technology, Tenable report shows Dubai: As cybercriminals continue their relentless attacks, 95% of ...
Read More
Google’s Pixel 4, Pixel 4a, Pixel XL are first smartphones to be certified by ioXt Alliance
Devices with ioXt SmartCert give consumers and retailers greater confidence in a highly connected world Dubai: Google’s three smartphones - ...
Read More
DIFC FinTech Hive attracts 620 startups for fourth cohort accelerator programme
Applications exceed its previous record of 425 received in 2019 Dubai: The financial technology accelerator DIFC FinTech Hive has attracted ...
Read More
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