JP Morgan targets bigger M&A role

MUMBAI: JP Morgan is seeing a bigger role for itself in M&A financing after RBI allowed domestic lenders to fund M&A. The relaxation has come at a time when corporates are returning to banks from capital markets in India, in keeping with a global trend.“It provides another corporate-friendly avenue for growth. At JP Morgan, our…

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India’s telecom equipment sector has $50 billion export potential, Niti Aayog highlights key hurdles

India’s telecom and network equipment sector could soon emerge as a major contributor to the country’s GDP, but it still has some connecting to do.The telecom and network equipment sector could play a bigger role in India’s economy, helping double its GDP contribution and achieve $1 trillion in exports by 2030 under the National Telecom…

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When and where will banks stay closed?

Planning a bank visit this August? Before you head to the branch, take a quick look at the holiday calendar. Banks will remain closed on several days this month, with the dates varying from state to state depending on regional festivals and local observances.For customers, this means a quick check of the holiday schedule could…

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