Standard Chartered

StanChart posts $981-mn pre-tax loss on rising impaired assets

Standard Chartered on Tuesday said it has incurred a pre-tax loss of $981 million from its India operations owing to rise in impaired assets to $1.3 billion in 2015, the bank said in its annual report.

StanChart reopens its Japan desk in Chennai

Standard Chartered, the largest foreign bank in the country, on Monday reopened its Japan desk in Chennai.

Standard Chartered axes 15,000 jobs, raises $5.1 bn in capital

Standard Chartered said it would axe 15,000 jobs and raise USD 5.1 billion in capital after posting a "disappointing" third-quarter loss as it struggles to return to growth.

standard chartered

Australia mine project: Adani, Standard Chartered severe ties

Adani and the Standard Chartered bank have severed their ties, marking the second big bank to walk away from the Indian mining giant's controversial 16 billion dollar coal mine project in Australia, barely a week after the fe

standard chartered

India Inc needs $80-90 bn

With gross debt of the BSE 500 rising more than 10 times since FY02—to R24.3 lakh crore in FY14...

BPCL raises $500 m via foreign bonds; Indian firms mop up $1.55 bn in 3 days

Moody's Investors Service has assigned a “Baa3” rating to BPCL's proposed drawdown under its $2 billion medium-term note (MTN) programme.

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