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Deutsche Bank to Sell Stake in China's Hua Xia Bank

Deutsche Bank has agreed to sell the German bank?s full 20% stake in Hua Xia Bank in a transaction that could be valued as high as $4 billion, exiting a nearly decade-long investment in China.The sale, which will notably help…

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Sterlite Grid wins Rs 2,600-cr Odisha transmission project

Sterlite Grid has won the Rs 2,596 crore ?Common Transmission System (II)? Project for generation projects in Odisha. This is one of eight key power transmission projects put for rate-based competitive bidding, Adani Transmission and Essel Infra were among the…

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PFRDA seeks bids for second record-keeping agency

With 94.22 lakh members in the National Pension System (NPS), the regulator has invited applications for a second record-keeping agency to maintain subscriber accounts.?The record-keeping, administration and customer-service functions for all subscribers of the NPS (NPS Main and NPS Lite)…

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Economy on path to speedy recovery

Viet Nam’s economy this year bounced back and exceeded expectations with the GDP growth rate reaching an estimated 6.7 per cent – the highest rate in five years.The number, released by the General Statistics Office of Viet Nam (GSO) on…

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