Fairfax deal: CSB says the wait was worth
February 22, 2018
MUMBAI: The limit for taking positions on currency derivatives for persons resident in India and foreign portfolio investors (FPIs) has been substantially raised to a combined value of $100 million across all currency pairs and combined across all exchanges, a statement from Reserve Bank of India (RBI) said.
KOCHI: Did Catholic Syrian Bank (CSB) gain from its nonchalant and a pretty long wait until it got a decent price for its shares? After the first rou...
KOCHI: A long-drawn-out dispute between a wholly owned subsidiary of Cochin International Airport Ltd (CIAL) and a private aviation institute landed t...
The government of Dubai, global trade enabler DP World and the government of Jammu and Kashmir have signed a Memorandum of Understanding (MoU) to expl...
Kochi: It’s close to nine months since the ‘almost-through’ deal between Catholic Syrian Bank (CSB) and Prem Watsa’s Fairfax Holdings Ltd fell through...
KOCHI: Several prospective initial public issuers view Aster DM Healthcare initial public issue (IPO) as a litmus test for them as they also operate l...
The aggregate primary issuance of bonds and sukuks by GCC entities, including Central Banks local issuances, GCC sovereign and corporate issuances, to...
India’s banking system needs a further gradual reduction in its statutory liquidity ratio (SLR) requirements, and the evolving liquidity requirements ...
Kochi: Yusuffali MA, one of the key founding promoters of Cochin International Airport Ltd (Cial), increased his stake in the company from 7.87 per ce...
UAE residents consider VAT to be a challenge, but are largely optimistic about the year ahead, a YouGov survey revealed. The results found that 50 per...
Kochi: Close on the heels of the Federal Bank move to introduce cost to company (CTC) remuneration structure in the bank for its senior grade staff, a...
When several entities from the Kerala public sector undertakings (PSUs) are struggling for their survival in the absence of a consistent profitability...
The Catholic Syrian Bank (CSB), the financial institution that boasts about nine decades of banking history in Kerala, has moved to ease out or extend...
By Matein Khalid 2018 is the year the world financial markets will embrace the unloved, underowned Saudi stock market, whose TASI index is down 42% si...
Malabar Cements Ltd (MCL), a fully owned Government of Kerala undertaking, is seriously working on an ambitious plan to modernize its plants and substantially increase capacity at an investment estimated to be in the region of Rs270-Rs300 crore.