Amazon plans to lay off 10,000 employees; inflation eases; EY vote on split delayed; L&T Infotech, Mindtree merge; Biden, Xi meet in Bali
15 November, 2022•1 min
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15 November, 2022•1 min
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Business
CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
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CSB Bank’s deposits are a ticking time bomb
The Kerala-based bank has been chasing costly and risky bulk term deposits amid tanking profitability.
Business
Two sovereign wealth funds come together in Abu Dhabi
L’IMAD is taking over ADQ, Dubai is spending $27 billion to expand its financial district and geopolitics hands a blow to Saudi equities.
Business
Debt, dividends, divestment: how solid is Sitharaman’s budget math?
Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.