Banks general
![US government to inject $3.8 billion into GMAC, hike stake to 56 per cent US government to inject $3.8 billion into GMAC, hike stake to 56 per cent](/companies/companies_g/General_Motors/images/gmac_logo_domain-b.jpg)
US government to inject $3.8 billion into GMAC, hike stake to 56 per cent
31 Dec 2009
The treasury will increase its investment in GMAC to $16.3 billion, from $12.5 billion and will appoint four of the company's nine directors.
![Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine](/industry/Mining/images/copper_mining_sm_domain-b.jpg)
Chinese bank, Kazakh trust to jointly invest $2.7 billion in Kazakh copper mine
31 Dec 2009
As part of their continuing hunt for minerals around the world, Chinese companies are now eyeing copper deposits in Kazakhistan.
PNB ‘has headroom’ to raise Rs7000 crore
24 Dec 2009
![State Street buys Intesa's securities business for $1.87 billion State Street buys Intesa's securities business for $1.87 billion](/finance/banks/images/statestreet_domain-b.jpg)
State Street buys Intesa's securities business for $1.87 billion
24 Dec 2009
The provider of financial services to institutional investors, has acquired Italian banking group Intesa Sanpaolo’s securities services business with operations in Italy and Luxembourg
![Credit Agricole, Societe Generale join hands to form Amundi Credit Agricole, Societe Generale join hands to form Amundi](/finance/banks/images/credit-agricole_domain-b.jpg)
Credit Agricole, Societe Generale join hands to form Amundi
24 Dec 2009
With more than 650 billion euros assets under management, Amundi will rank third in Europe and eighth largest ast manager worldwide
SBS merger with SBI formalised as RS passes bill
19 Dec 2009
![NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion](/finance/banks/images/nab_domain-b.jpg)
NAB to acquire AXA Asia Pacific’s Aussie, NZ units for A$4.6 billion
18 Dec 2009
The surprise announcement comes after Australia's AMP, and France's AXA SA, which owns 54 per cent of AXA AP, moved earlier this week to bring a swift conclusion to their ongoing cash and scrip bid for AXA AP
![Citi sells 5.4 billion shares to raise $20 billion for TARP repayment Citi sells 5.4 billion shares to raise $20 billion for TARP repayment](/companies/companies_c/Citigroup/images/citi_logo_domain-b.gif)
Citi sells 5.4 billion shares to raise $20 billion for TARP repayment
17 Dec 2009
Citi sold 5.4 billion shares at $3.15 apiece against the $3.25 a share the government paid in September for acquiring a stake in Citi.
FDIC hikes 2010 budget to $4 billion
16 Dec 2009
![Banks workers go on strike against mergers; services hit Banks workers go on strike against mergers; services hit](/finance/banks/images/india-bank-strike_sm_domain-b.jpg)
Banks workers go on strike against mergers; services hit
16 Dec 2009
Nearly 600,000 bank employees across the country went on strike today to protest against the merger and consolidation of public sector banks
![Bankers' should say, 'not this year ' to bonuses… Bankers' should say, 'not this year ' to bonuses…](/people/writers_columnists/richard_quest/images/richard_quest_sm_domain-b.jpg)
Bankers' should say, 'not this year ' to bonuses…
15 Dec 2009
The 50-per cent bankers’ bonus levy is a nasty, unworkable piece of policy targeting a specific group, yet, it is entirely understandable in the current climate, says CNN's London correspondent Richard Quest, in his exclusive column for domain-b.
Featured articles
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Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
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COP28 explained: A closer look at COP28's climate change solutions
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What is a Ponzi scheme?
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Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
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India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
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Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
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History of hovercraft Part 3...
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History of hovercraft Part 2...
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