BENGALURU/MUMBAI: Top Japanese conglomerates and investment firms are ploughing money into India, putting unsavoury episodes of the past behind them. While Japan's SoftBank has been investing in Indian startups for years, the biggest bets from some of the recent entrants are in financial services and new-age companies, multiple investment bankers said.
Leading companies such as Yes Bank, Avendus Capital Financial Services and HDB Financial Services have attracted bids from large Japanese banks. Earlier this year, Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial firm, approached HDFC Bank for a $2 billion stake in its subsidiary HDB Financial Services. While a Mint report on September 4 said the HDFC Bank board has decided to skip the deal, Moneycontrol reported on Monday that talks have resumed. Meanwhile, MUFG topped up its $400 million investment in digital lender DMI Finance by another $334 million in August, and led a $47 million round in wealth management firm Neo Group.
Diese Geschichte stammt aus der December 17, 2024-Ausgabe von Hindustan Times Bengaluru.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 17, 2024-Ausgabe von Hindustan Times Bengaluru.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
"I CRIED AFTER MY MATHS BOARD EXAM"
During a visit to his school as chief guest, actor Vedang Raina gets nostalgic about his days as a student
Oppn mounts attack on BJP, calls for action over remarks
Members of the INDIA bloc on Wednesday set aside differences to come together and attack the Bharatiya Janata Party (BJP) over Union home minister Amit Shah's comment referring to Dr BR Ambedkar, jamming Parliament and holding protests.
India stresses on peace in key meet after thaw
India on Wednesday emphasised the need for a \"mutually acceptable framework\" for settling the boundary issue with China as talks between Special Representatives of the two sides focused on cross-border cooperation, such as resumption of the Kailash Mansarovar Yatra, data sharing on trans-border rivers and border trade.
Govt to move motion to form JPC on ONOP bills
The Union government will formally move a motion in the Lok Sabha on Thursday to constitute a joint parliamentary committee (JPC) on two bills that aim to usher in simultaneous national and state elections, and propose the names of 21 MPs of the Lower House as members.
India has every reason to be proud: Shahana on Santosh being shortlisted for Oscars nom
Actor Shahana Goswami's film Santosh, has inched closer to being nominated for the International Feature Film category in the 2025 Academy Awards.
Kapil Sharma says 'Don't spread hate' amid criticism for alleged racist remark against Atlee
Comedian-talk show host Kapil Sharma has been facing intense criticism for seemingly making a joke about filmmaker Atlee's appearance on his comedy-talk show, The Great Indian Kapil Sharma Show.
Unbreakable Santosh back to rallying with an eye on Dakar
Astride a rally spec of Royal Enfield Himalayan 450, CS Santosh was riding through the dirt on the banks of the Egidillo river in Spain when memories of him flying through the dunes at the Dakar Rally flashed across his mind. \"It felt the same as when I did the Dakar for the very first time. I loved it then and I love it now,\" says the 41-year-old.
UP Police announce ₹25,000 reward for accused in Sunil Pal, Mushtaq Khan abductions
The Meerut Police in Uttar Pradesh has announced a reward of ₹25,000 for information on Lavi Pal, the main accused in the abductions of comedian Sunil Pal and actor Mushtaq Khan.
INDIA-PAK CLASH TO KICK OFF KHO KHO WORLD CUP
A total of 24 nations, including Pakistan, are expected to participate in the inaugural Kho Kho World Cup here next month with Kho Kho Federation of India (KKFI) planning to take the indigenous sport to new territories, KKFI president Sudhanshu Mittal said on Wednesday.
India leave the Gabba with honours even
At almost all times during the Brisbane Test, Australia were ahead of the game.
