In May, Sumitomo Mitsui Banking Corporation (SMBC), a Sumitomo Mitsui Financial Group subsidiary, announced plans to acquire a 20 percent stake in Yes Bank, making it the largest cross-border investment in an Indian bank. Analysts, however, say the bank needs to boost its asset mix and focus on accelerating profitability for real results
For Forbes India's 16th anniversary, we have put together a constellation of top thinkers, experts, academics, and businesspeople to tell you how to make the best of a good crisis. It is 16 years since Forbes India started to publish, and we wanted to make this an insightful sixteen for you (sweet is so passe)
The country's early engagement with the US on the bilateral deal may place it ahead of the pack in reducing trade tensions. And the FTA with the UK underlines a change in its policy approach—bilateral instead of regional trade agreements
Indian market for these drugs has grown to nearly Rs 600 crore and is expected to keep growing. Weight-loss drugs are transforming India's health landscape. But without strong oversight, risks may outweigh rewards
Few knew about IndiGo globally when former KLM CEO and president decided to take the reins in 2022. That is perhaps why, since he took charge, Pieter Elbers has turned much of the airline's attention to international operations
The coming together of bureau data, identity proof, and income verification has resulted in a massive expansion of loans in the last decade. Now, lenders want to take it to smaller towns, scaling with technology, while also keeping an eye on the risk uptake
The Supreme Court has set aside the resolutino plan of JSW for the revival of Bhushan Power and Steel. The order has created a furore amongst banks, financial institutions, lawyers, and insolvency professionals, Ramakant Rai, partner, and Ravin Kapur, counsel, Trilegal, write
The two stocks to be included to the Global Standard index are Coromandel International and FSN E-Commerce Ventures, the owner of beauty brand Nykaa
Girish Mathrubootham on life after stepping down as CEO of Freshworks, and the impact of the "monster wave" that is artificial intelligence on his business
We are in a wonderful era of men's tennis after the fade-out of the Big 3. It is a different kind of Big 3 you would read about in this issue, where we at Amitabh Chaudhry's canny strategy of choosing which battles Axis Bank will fight
As Dell Technologies looks to offset falling PC sales with a focus on AI-based servers and services, its India arm is playing a key role with R&D and innovation in global products