Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said.
At a recent retreat in southeast England for his top executives, HSBC Holdings Plc boss Noel Quinn painted a bullish picture for the year just gone as the lender benefited from rising interest rates.
HDFC Bank said deposits are being lifted by its mega-merger with Housing Development Finance Corp., as more customers open savings accounts with India’s largest private sector bank to route their monthly mortgage installments.
India is set to launch a carbon capture policy that it says will allow it to keep exploiting its vast coal resources and deal with its growing emissions, according to to a top government energy adviser.