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Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologised and insisted that the only way forward for the once-venerable lender was a government-engineered takeover by rival UBS. A largely polite if at times boisterous, emotional, angry and even humorous mood pervaded at the first in-person shareholder meeting in four years and likely the last in the bank's 167-year history: Credit Suisse is set to be swallowed by its crosstown competitor in the coming months in a deal that was forced through without a shareholder vote. Despite speech after speech airing concerns ranging from Switzerland's role in global finance to environmental impact to wiped-out pension savings, shareholders narrowly approved a compensation plan for last year that will pay out millions to executives and board members. Investors also reelected board members who will shepherd th

Updated On: 04 Apr 2023 | 11:17 PM IST

Only four startups in India's fintech sector received unicorn status in 2022, far lower compared to 13 new Unicorns in 2021

Updated On: 04 Mar 2023 | 6:25 PM IST

Shares of KFintech closed 0.95 per cent higher on Friday

Updated On: 24 Feb 2023 | 7:52 PM IST

Chief Minister Shivraj Singh Chouhan on Thursday said that the investors are excited and keen about investing in Madhya Pradesh

Updated On: 12 Jan 2023 | 12:38 PM IST

The platform became one of the fastest-growing angel network communities and has already facilitated funds worth over Rs 100 crore across 53 startups with 71 deals, it said in a statement

Updated On: 05 Jan 2023 | 12:35 PM IST

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Updated On: 02 Jan 2023 | 5:24 PM IST

Along with making the process completely online, Sebi has suggested measures for reducing cost

Updated On: 19 Dec 2022 | 11:32 PM IST

An Indian-origin entrepreneur, who lost $2 million after FTX went kaput last month, is taking legal action against the cryptocurrency exchange's founder, according to a report

Updated On: 08 Dec 2022 | 10:29 AM IST

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

Updated On: 02 Dec 2022 | 11:19 PM IST

Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively

Updated On: 16 Nov 2022 | 6:23 PM IST

In a filing with BSE, the company said improved macro environment and sell-down capabilities were driving faster book reduction

Updated On: 10 Nov 2022 | 11:29 PM IST

The big question now looming over giants from China's $1.2 trillion sovereign wealth fund to California's public pension, the largest in the US, is how long those private bets will remain insulated

Updated On: 14 Oct 2022 | 7:47 AM IST

Only those investors who remain invested for 10 years will get a guaranteed return and if the actual return falls below the assured amount, pension fund managers shall bridge the gap

Updated On: 26 Sep 2022 | 11:13 PM IST

Ground-handling arm would be monetised first; investor roadshows for all companies organised

Updated On: 19 Sep 2022 | 3:17 PM IST

Mumbaikars expressed shock over the passing away of ace investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffet, with some describing him as an idol for the common investor

Updated On: 14 Aug 2022 | 4:36 PM IST

Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks

Updated On: 19 Jul 2022 | 10:21 PM IST

1.4% jump comes on the back of easing recession fears, China policy support

Updated On: 19 Jul 2022 | 1:20 AM IST

WASHINGTON (Reuters) - Global equity markets and oil slipped and the safe-haven dollar rose after the latest red-hot U.S. inflation reading heightened investor fears about Federal Reserve interest rate hikes and a possible recession.

Updated On: 14 Jul 2022 | 10:38 PM IST

The two funds together have invested over $11-12 billion in the country. Together with Softbank's direct investment, this goes up to $14 billion

Updated On: 09 Jul 2022 | 1:48 AM IST

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options

Updated On: 08 Jul 2022 | 10:22 PM IST