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Credit Suisse upgrades India to ‘benchmark’ for 2023

Expects GDP growth to surpass consensus

December 16, 2022 02:30 IST

Credit Suisse, gdp, gdp growth, indian economy

India growing faster than official data shows, says Credit Suisse

The brokerage firm’s head of research Neelkanth Mishra said the country will grow at 7 per cent in FY24, as…

December 15, 2022 17:34 IST

Credit Suisse loses Asia deputy wealth head as departures mount

The Swiss lender, contending with a near-record low share price, is facing an erosion of talent in Asia. Five private…

October 5, 2022 13:48 IST

Credit Suisse risk gauge at record high, shares hit new low

Credit Suisse Group AG’s gauge of credit risk rose to a record high while its stock hit a fresh low,…

October 3, 2022 14:34 IST

SpiceJet, SpiceJet dispute with credit suisse, credit suisse, Credit Suisse AG

SC allows SpiceJet to settle dispute with Credit Suisse over $24-m dues

The SC had earlier asked SpiceJet to resolve its dispute with Credit Suisse AG and had stayed the HC’s order…

August 19, 2022 01:30 IST

Supreme Court asks Credit Suisse to rethink decision to allow SpiceJet to withdraw $5-million bank guarantee

The apex court had earlier asked SpiceJet to resolve its dispute with Credit Suisse AG and had stayed the HC’s…

July 20, 2022 03:30 IST

ICICI Lombard share price may rally 10%, Credit Suisse initiates coverage with ‘Outperform’ rating

The stock has de-rated with growth deceleration, rising competition, and lower ROEs, said analysts at Credit Suisse.

July 8, 2022 11:19 IST

Delhivery shares buy or sell? Even analysts disagree with each other; here are their arguments

Initiating the coverage of Delhivery, Credit Suisse has pinned an ‘Outperform’ rating while IIFL Securities has taken a different approach…

June 3, 2022 11:57 IST

SpiceJet, Credit Suisse settle dispute over non-payment of Rs 24 million dues

The issue dates back to 2021, when Credit Suisse dragged SpiceJet to court over non-payment of dues of about $24…

May 26, 2022 00:15 IST

SpiceJet and Credit Suisse conclude settlement of dispute; airline shares close 0.7% lower

The final settlement has been filed before the Supreme Court of India for final orders, low cost carrier SpiceJet said.

Updated: May 25, 2022 16:40 IST

SpiceJet settles dispute with Credit Suisse

The settlement and consent terms, executed on May 23, have also been filed before the Supreme Court for final orders,…

Updated: May 25, 2022 13:23 IST

Credit Suisse is seeking about Rs 660 crore in dues from RCap and Axis Bank about Rs 100 crore. NCLT’s Mumbai bench is slated to hear the matters separately on May 9 and May 10.

Credit Suisse, Axis Bank drag Reliance Capital, administrator to NCLT

At its meeting, the CoC also decided to seek a three-months extension to the June 3 deadline for the completion…

April 14, 2022 01:00 IST

“SpiceJet had already deposited $5million on the direction of the HC in the Credit Suisse case and there is no adverse financial liability on the company. The settlement involves payment of settlement amount over a mutually agreed period of time,” SpiceJet said.

SpiceJet settles $24 million financial dispute with Credit Suisse

A bench, headed by Chief Justice N V Ramana, while asking the lawyers for SpiceJet and Maran to talk to…

April 1, 2022 02:15 IST

According to sources, while the government had provided guarantee to raise Rs 8,000 crore to tide over its operational expenses, it allowed the Corporation to raise Rs 4,000 crore only. The proceeds are to be used for working capital requirements, the chief among them being clearing the dues of generation companies (gencos).

UP Power Corp raises Rs 3,951 crore through bonds

The government of Uttar Pradesh has provided unconditional and irrevocable guarantee for all payment obligations of these bonds, which offer…

March 31, 2022 06:00 IST

Shares of CS Group were down about 3.8% in late morning trading on the Six Swiss Exchange at 8.90 francs, though up from earlier lows after the start of trading.

Credit Suisse posts $2.2 billion loss to end ‘challenging year’

Credit Suisse said that loss also stemmed from “major litigation provisions” and continued fallout from a one-time charge of more…

February 10, 2022 17:42 IST

The CJI also slammed the airline for its conduct, asking, “Do you want to run the show or close it? Why don’t you produce your financial statements? This is not the way to run an airline… this is a serious matter. If they don’t want to run the airline, then we will declare it insolvent and direct it for liquidation…” the CJI said.

SC gives 3 weeks to SpiceJet to resolve financial issues with Credit Suisse AG

The high court had stayed the operation of its order, including the publication of the winding-up order for SpiceJet, till…

January 29, 2022 00:45 IST

More internet companies may get added to Nifty 50, index valuation may rise even more: Credit Suisse

30% of Nifty constituents, which account for 35% of the index weight, to still offer valuation expansion potential in the…

Updated: December 25, 2021 12:24 IST

Massive profit opportunity in consumer durable stocks; Credit Suisse picks these shares

India’s electrical and consumer durable sector is largely dominated by foreign players such as LG and Samsung; however rapid changes…

September 7, 2021 11:38 IST

Foreign investors may stay away from share market for few quarters; divestment may be a challenge | INTERVIEW

Up until the recent wave two of Covid-19, India was seen as an oasis of stability and potential relatively higher…

May 11, 2021 15:57 IST

So the bank is nurturing local leaders within India IT. They would have accountability and ownership for delivery of IT solutions and services to the bank’s global businesses.

Credit Suisse cuts India’s FY22 GDP growth forecast to 8.5-9% due to raging Covid-19 second wave

The consensus forecast for FY22 growth is between 10% and 11% by most analysts, including international raters like S&P, Fitch…

May 6, 2021 21:31 IST

Credit Suisse, Nomura, others staring at up to $10 billion loss from Archegos saga, says JP Morgan

Leading global investment banks Credit Suisse, Nomura and others caught up in the Archegos fallout could face losses adding up…

April 8, 2021 11:23 IST

Credit Suisse raises India to overweight, cuts China weightage in Asia Pacific portfolio

Earnings per share (EPS) momentum offered by Indian stock markets is among the region’s strongest, according to Credit Suisse.

February 17, 2021 12:56 IST

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