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Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
Zydus Semaglutide approval: Delhi HC directs CDSCO to decide on patient safety concerns
The Delhi High Court has asked the Central Drugs Standard Control Organisation to review a petition challenging Zydus Lifesciences' approval for semaglutide injections. A diabetes patient raised concerns about the drug's delivery system, alleging it deviates from global standards and poses health risks. The court has directed the CDSCO to consider the patient's representation within two months.
India's Derivatives Margin Rules Deter Global Investors Despite Record Trading Volumes
At the centre of the debate is India's margining framework, particularly the exposure margin charged in addition to the Standard Portfolio Analysis of Risk, or SPAN, margin.
Wall Street is focused more on AI than war fears now: Standard Chartered strategist
Steven Englander, Managing Director - Global Head of G10 FX Research, and North American Macro Strategy at Standard Chartered Bank explains why the dollar remains strong despite softer oil prices, discusses the rupee and emerging market flows, and says rising AI-related investments may be supported by genuine productivity gains rather than speculative excess.
Stock Alert: ITC, Honasa Consumer, Aurobindo Pharma, Nykaa, Welspun Corp - Business Standard
Stock Alert: ITC, Honasa Consumer, Aurobindo Pharma, Nykaa, Welspun CorpBusiness Standard
Stock Alert: Apollo Hospitals, Lenskart Solutions, Metro Brands, Whirlpool of India - Business Standard
Stock Alert: Apollo Hospitals, Lenskart Solutions, Metro Brands, Whirlpool of IndiaBusiness Standard
‘Future of Standard Chartered depends on talent’: CEO tells staff after ‘lower-value human capital’ comment backfires
Bill Winters, CEO of Standard Chartered, addressed staff regarding concerns over automation and AI replacing jobs. He emphasized the bank's commitment to workforce evolution and the importance of talent for its future.
Standard Chartered likely to exit ICICI Pru Life bancassurance tie-up; may join Bharti Life Insurance
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
Nykaa Q4 preview: PAT may rise 226% YoY; BPC demand, margin outlook eyed
Nykaa Q4 results preview: Brokerages tracked by Business Standard estimate Nykaa's net profit at an average of ₹65.06 crore year-on-year (Y-o-Y) from ₹19.93 crore a year ago, up 226.44 per cent
The many shades of a bull market: What they mean for FII, retail flows - Business Standard
The many shades of a bull market: What they mean for FII, retail flowsBusiness Standard
MSCI rejig: These 14 smallcap stocks may see inflows worth $135 million. Do you own?
MSCI's rejig will see 14 Indian smallcap stocks added to its smallcap index, potentially attracting $135 million in inflows. While Jubilant Foodworks and Kalyan Jewellers face net outflows due to their exclusion from the broader MSCI Standard index, other stocks like Escorts Kubota and IREDA are poised for significant inflows.
Federal Bank, Indian Bank, MCX & Nalco in MSCI Global
Global index provider MSCI has announced significant changes to its indices. Federal Bank, Indian Bank, Multi Commodity Exchange of India, and National Aluminium Company are set to join the Global Standard Index. This move is anticipated to bring substantial investment into these stocks. Adani Energy Solutions will not be added due to surveillance measures.