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One option is to use some of SoftBank’s 26% stake in Chinese e-commerce major Alibaba Group Holding Ltd as collateral, the people said. (Reuters)SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have…

Image: PTIEquity benchmark BSE Sensex turned volatile on Monday, dropping over 150 points in opening session amid stock-specific action after a rejig of its constituents. Yes Bank, Vedanta, Tata Motorsand Tata Motors DVR have exited the…

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The expansion project will be implemented at the customer’s brownfield plant in Germany over 30 months.L&T Technology Services on Monday said it has bagged a multi-million-dollar engineering, procurement and construction management…

The new investigation also did not find indications that Thiam or others in the board or management “had any knowledge of the observation of Peter Goerke until media reported on it,” the statement said. (Reuters)An internal Credit Suisse…

The Indian rupee on Friday had closed at 71.12 against the US dollar. Meanwhile, brent crude futures, the global oil benchmark, fell 0.32 per cent to USD 65.93 per barrel.The Indian rupeeopened on a flat note and fell 5 paise to 71.17…

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Investors are starting to get the feeling that whatever Masayoshi Son brings to the public is troubled. Photographer: Akio Kon/BloombergThis is the year that brought a $100 billion venture capitalist to his knees.  In January, SoftBank…

For NBFC-MFIs’ total exposure in Assam is around Rs. 4,000 crore, and on monthly basis 8-10% of the total exposure comes for loan repayment from customers.The Microfinance industry is facing the heat of the current turmoil in Assam.…

Economic growth slowed to a more than six-year low of 4.5% in the July-September quarter but that hasn’t stopped the Sensex from climbing nearly 16% this year.India’s largest stocks are likely to be winners again in 2020, after…