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Thursday, September 4, 2025
TopicUBS

Topic: UBS

Spying, cocaine, money-laundering, historic losses: The sordid tale of the fall of Credit Suisse

Switzerland’s 2nd largest bank has been merged with country’s largest bank & its rival UBS for a lot lower than its market value. Regulators say this was the best way forward.

Money fleeing China may avoid Indian stocks as they’ve become pricey, UBS says

UBS predicts Nifty 50 Index will fall to 15,500 by June end 2022. Current surge has Nifty trading at 21.3 times estimated 12-month earnings, much higher than its 5-yr average of 18 times.

Indian-American Dhivya Suryadevara to become CFO of General Motors

Suryadevara, currently the vice president of corporate finance, will succeed Chuck Stevens on 1 September.

On Camera

Counter-insurgency is Indian military’s reality. Op Sindoor was brief flash in combat spectrum

The Chief of Defence Staff was spot on when he declared war fighting as ‘military’s bread and butter.’

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Choppy ride for India’s submarine ambition: Project P-751 chugs forward, Scorpenes a stinging tale

With P75I still years away & the follow-on Scorpenes stuck, India’s long-promised 30-yr submarine plan remains behind schedule

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.