Macquarie Group Ltd

Indian banks' large reliance on local deposits cushions them as global peers are facing potential contagion from the woes emanating from Silicon Valley Bank, according to Macquarie Group Ltd

About 80 to 90 jobs would be eliminated at Australia's No.1 investment bank, one of the people told Bloomberg. It said Jeremy Wernert, who less than a year ago was named head of Macquarie Capital, the group's investment-banking unit, is leaving.

Foreign fund house Morgan Stanley Asia (Singapore) on Monday picked up nearly 26.7 lakh shares in clothing retail firm Pantaloons for a little over Rs 32 crore through open market.

Yahoo Inc again posted anemic quarterly revenue growth as the internet company's advertising business continued to lag its rivals, nearly two years into chief executive Marissa Mayer's comeback effort.

GMR Group has signed a pact with Macquarie SBI Infrastructure Investments Pte and SBI Macquarie Infrastructure Trust to divest 74 per cent stake in GMR Jadcherla Expressways Ltd (GJEL) for Rs 206 crore. GJEL is operating the Farukhnagar-Jadcherla highway in Andhra Pradesh under a concession agreement signed with NHAI.

Ashoka Buildcon will get $150 million from the private equity fund jointly managed by SBI and Macquarie.

GMR Infrastructure Ltd is in talks with private equity investors to raise roughly $200 million by selling stakes in road projects, three sources with direct knowledge of the matter said.

Indian banks' large reliance on local deposits cushions them as global peers are facing potential contagion from the woes emanating from Silicon Valley Bank, according to Macquarie Group Ltd

About 80 to 90 jobs would be eliminated at Australia's No.1 investment bank, one of the people told Bloomberg. It said Jeremy Wernert, who less than a year ago was named head of Macquarie Capital, the group's investment-banking unit, is leaving.

Foreign fund house Morgan Stanley Asia (Singapore) on Monday picked up nearly 26.7 lakh shares in clothing retail firm Pantaloons for a little over Rs 32 crore through open market.

Yahoo Inc again posted anemic quarterly revenue growth as the internet company's advertising business continued to lag its rivals, nearly two years into chief executive Marissa Mayer's comeback effort.

GMR Group has signed a pact with Macquarie SBI Infrastructure Investments Pte and SBI Macquarie Infrastructure Trust to divest 74 per cent stake in GMR Jadcherla Expressways Ltd (GJEL) for Rs 206 crore. GJEL is operating the Farukhnagar-Jadcherla highway in Andhra Pradesh under a concession agreement signed with NHAI.

Ashoka Buildcon will get $150 million from the private equity fund jointly managed by SBI and Macquarie.

GMR Infrastructure Ltd is in talks with private equity investors to raise roughly $200 million by selling stakes in road projects, three sources with direct knowledge of the matter said.