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• • DBS Bank unveils Treasures Priority Banking in India (Business Standard India)
  • Thu, 04 May 2006 14:15:49 GMT
  • Singapore's DBS Bank has launched its wealth management services, called "Treasures priority banking", in India. Kankipati Rajan Raju, managing director & head (south and southeast Asia) at DBS Bank, said the bank would leverage on its Asian strengths and tap the growing number of Indians moving to other Asian countries for work.
• • Wachovia nears $26bn deal with Golden West for greater access to the fast-growing West Coast market (India Daily)
  • Mon, 08 May 2006 07:51:25 GMT
  • Wachovia was on Sunday close to acquiring Golden West Financial for about $26bn in stock and cash, in a deal that would give the fourth largest US banking group greater access to the fast-growing West Coast market.
• • India IT sector tightens security (Financial Times)
  • Sun, 07 May 2006 21:04:33 GMT
  • India’s information technology sector will set up a self-regulatory body to tighten security after incidents of data theft last year shook confidence in the industry.
• • MONEY & BANKING (The Hindu)
  • Sun, 07 May 2006 18:44:17 GMT
  • AP Grameena Bank plans more branches Andhra Pradesh Grameena Vikas Bank, formed on March 31 with the merger of five regional rural banks (all sponsored by the State Bank of India), is planning to add 35 branches to its present network of 489, according to Mr A. Anantha Krishna, the ...
• • India weightage set to go up in Morgan Stanley index (The Hindu)
  • Sat, 06 May 2006 19:16:16 GMT
  • Bharti Televentures, along with Reliance Communications, Suzlon Energy and NTPC are among the favourites expected to be included in the MSCI India Index, when the Morgan Stanley Capital International Inc (MSCI) announces the next quarterly revision of its indices on May 10.
• • India to take cautious stance on inking FTAs (Deccan Herald)
  • Sat, 06 May 2006 20:38:35 GMT
  • India will adopt a “cautious and calibrated” approach while finalising Free Trade Agreements (FTAs) with Japan, China and other fast growing economies, Finance Minister P Chidambaram said here on Saturday.
• • BA-CA joins race to expand in Russian banking (India Daily)
  • Mon, 08 May 2006 04:06:45 GMT
  • Bank Austria Creditanstalt is joining the race to expand in Russia through International Moscow Bank, a majority owned joint venture. BA-CA will gain control of IMB in the complex takeover of Germany’s HVB Group, its former parent, by Italy’s UniCredit.
• • IPO scam in India: How banking system was abused (rediff.com)
  • Fri, 05 May 2006 19:21:55 GMT
  • Growing demand, dynamic innovations and trim bottomline paint a pretty picture for the company.
• • Contract farming lures India Inc biggies (The Economic Times)
  • Sun, 07 May 2006 20:47:54 GMT
  • MUMBAI: A combination of agriculture reforms and a huge business opportunity has generated a huge buzz in contract farming.
• • India's TOP 5 mutual funds (rediff.com)
  • Sun, 07 May 2006 13:37:05 GMT
  • Smart, unique strategies will create tomorrow's mutual fund winners.