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Monday, August 18, 2025
TopicBank of America

Topic: Bank of America

Vodafone Idea picks banks to sell its fibre assets and boost finances

A deal, if successful, would help Vodafone Idea add to the funds it’s been raising to pare debt and fend off rivals Airtel and Jio.

HDFC picks Bank of America, Morgan Stanley to manage IPO of its non-bank finance unit

HDFC plans to sell the shares in HDB Financial Services Ltd. and raise about Rs 100 billion, generating funds that will help it expand lending amid a crunch faced by shadow banks.

Bank of America buys its biggest distressed asset in India 

The decision to purchase soured loans of Jayaswal Neco Industries Ltd, that makes cast iron pipes, adds to a growing trend of foreign investors exploring the India's massive pile of bad debt.

India’s SBI is said to select banks for $1.4 billion share sale

SBI’s sale will help bolster its capital buffers as it attempts to grow loans at a faster pace.

On Camera

Why Modi, BJP should worry about bad blood between CEC Gyanesh Kumar and Rahul Gandhi

If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

India provides Nepal with military equipment, medical supplies; PM Oli likely to visit next month

New Delhi: India has handed over military equipment, medical supplies, and trained animals to the Nepalese Army Monday, ahead of Prime Minister K.P. Sharma...

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?