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RBS seeks buyers for cash equities, M&A biz in India
To eliminate 50-odd staffers as part of global restructuring. Royal Bank of Scotland (RBS) announced on Thursday it was exiting its unprofitable cash equities and mergers advisory operations worldwide — and is scouting for buyers for these businesses in India. RBS, in which the UK government has an 83 per cent stake, is looking to separately sell its cash equities, corporate broking, equity capital

Interest subvention scheme tricks home buyers

Monica and Sameer were in for a rude surprise when they received a letter from the housing company in which they had booked a flat. The mail spoke of an additional interest they had to incur under an

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A'bad retail buyers prefer branded over value products

In what could hint at bulging pockets for retail buyers in Ahmedabad, retailers are finding a shift in preferences towards branded products over discounted value merchandise. While some believe it

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Ahmedabad retail buyers prefer branded over value products

In what could hint at bulging pockets for retail buyers in Ahmedabad, retailers are finding a shift in preferences towards branded products over discounted value merchandise. While some believe it

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Home market being held back by wary first-timers

This should be a great time to buy a first home. Prices have sunk to 2002 levels. Sellers are waiting anxiously as homes languish on the market. Mortgage rates are their lowest ever.

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Indonesia's Lion Air rises from obscurity

A decade ago, Rusdi Kirana sat on the grass at an air show in Britain, eating burgers with his wife. "I didn't know anybody," he says, "and nobody knew me." That will change now that his company,

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