JP Morgan sets up unit in GIFT City for derivative products
Business Standard|November 15, 2024
JPMorgan Chase & Co, in a first for any global bank, has set up a unit to develop derivative products in India's newest international hub, according to people familiar with the matter.

The US bank will pitch the products to clients in Asia-Pacific and Europe, in addition to providing support for the offerings developed from the Gujarat International Finance TecCity (GIFT City), said the people who asked not to be identified citing private information.

Esta historia es de la edición November 15, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición November 15, 2024 de Business Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS STANDARDVer todo
Business Standard

JP Morgan sets up unit in GIFT City for derivative products

JPMorgan Chase & Co, in a first for any global bank, has set up a unit to develop derivative products in India's newest international hub, according to people familiar with the matter.

time-read
1 min  |
November 15, 2024
Brokerages upbeat on Vedanta despite 15% fall
Business Standard

Brokerages upbeat on Vedanta despite 15% fall

Operational efficiencies, capacity expansion driving analysts' optimism

time-read
2 minutos  |
November 15, 2024
Business Standard

1 of 4x listed firms paid over 20% of profit to related party as royalty: Sebi study

A study conducted by the Securities and Exchange Board of India (Sebi) has uncovered some alarming trends in royalty payments made by listed companies, with some of them doling out more than 20 per cent of their net profits as royalty to related parties.

time-read
1 min  |
November 15, 2024
Business Standard

Near-term demand woes to keep Samvardhana's margins under pressure

The stock of the largest listed auto component company, Samvardhana Motherson International, has shed about 23 percent of its value over the past month.

time-read
2 minutos  |
November 15, 2024
New F&O entrants to reshuffle the deck for Nifty 50, Sensex
Business Standard

New F&O entrants to reshuffle the deck for Nifty 50, Sensex

Newcomers primed to shine, driven by index inclusion hopes

time-read
2 minutos  |
November 15, 2024
Equity MFs keep powder dry amid volatile markets
Business Standard

Equity MFs keep powder dry amid volatile markets

Active equity schemes held nearly ₹1.7 trillion in cash at the end of October

time-read
2 minutos  |
November 15, 2024
Musk's call for $2 trillion spending cut bad for markets: Chris Wood
Business Standard

Musk's call for $2 trillion spending cut bad for markets: Chris Wood

Billionaire Tesla Chief Executive Officer (CEO) Elon Musk's ambitious plan of cutting at least $2 trillion of federal spending under incoming President Donald Trump's administration will boost the US dollar while hurting stock markets, Christopher Wood, global head of equity strategy at Jefferies, said on Thursday.

time-read
2 minutos  |
November 15, 2024
FTA SOP OPERA
Business Standard

FTA SOP OPERA

After years, a standard operating procedure for FTA talks is back on the govt's agenda. How far can it help?

time-read
4 minutos  |
November 15, 2024
Universal Studios looks to join Excel cast with stake buy
Business Standard

Universal Studios looks to join Excel cast with stake buy

This comes hot on heels of Poonawalla-Dharma deal

time-read
2 minutos  |
November 15, 2024
Business Standard

Jabil to invest ₹1K cr for setting up electronics unit in Gujarat

The Gujarat government on Thursday signed a memorandum of understanding (MoU) with leading electronics manufacturing services (EMS) company Jabil to set up its EMS unit with ₹1,000 crore investment in Dholera Special Investment Region (DSIR).

time-read
1 min  |
November 15, 2024