Saikat Das

5 days ago | bloomberg.com | Advait Palepu |Saikat Das

Residential and commercial buildings in Mumbai, India, on Monday, Feb. 19, 2024. India recorded its best year for home sales since 2008. Photographer: Dhiraj Singh/Bloomberg(Bloomberg) -- A $6 billion Indian money manager plans to ramp up hiring of senior bankers by allowing them to keep up to 60% of the revenue they bring in, showing how competition for talent is heating up in one of the world’s fastest growing wealth markets.

2 weeks ago | jbc.org | Shubham Das |Saikat Das |Amrita Maity |Sankar Maiti

Research ArticleArticles in Press108550Open accessDepartment of Biological Sciences, Indian Institute of Science Education and Research Kolkata, Mohanpur, West Bengal, IndiaPublication History:Received January 9, 2025; Revised April 7, 2025; Accepted April 11, 2025; Published online April 30, 2025DOI: 10.1016/j.jbc.2025.108550 External LinkAlso available on ScienceDirect External LinkCopyright: ® 2025 THE AUTHORS.

2 weeks ago | bloomberg.com | Saikat Das |Ishika Mookerjee

A solar power plant in Tuticorin, India. Photographer: Prashanth Vishwanathan/Bloomberg(Bloomberg) -- India could struggle to meet its green targets without a so-called taxonomy framework, which creates guardrails around what can pass as climate finance, according to Standard Chartered Plc. The country needs clarity “around taxonomy as it is still in the works,” said Shobana Chawla, head of sustainable financing for South Asia at the bank, speaking in an interview.

2 weeks ago | news.bloombergtax.com | Saikat Das

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

2 weeks ago | bloomberg.com | Saikat Das

The Mumbai skyline in Mumbai, India. Photographer: Sumit Dayal/Bloomberg(Bloomberg) --  Indian lending firm InCred Financial Services is in talks with potential advisers for an initial public offering to raise about 40 billion rupees ($470 million), people familiar with the matter said. The Mumbai-headquartered company, a partner of KKR & Co., is in discussions with firms including IIFL Securities, Kotak Mahindra Bank Ltd. and Nomura Holdings Inc.