multinational

Sumitomo Mitsui offloads Rs 2,069 crore stake in Kotak Mahindra

Japanese multinational Sumitomo Mitsui Banking Corp (SMBC) Tuesday offloaded stake worth Rs 2,068.81 crore in Kotak Mahindra Bank through open market transactions.

Mar 01, 2016, 20:03 PM IST

IMF chief hails AIIB as US mellows down criticism

IMF chief Christine Lagarde today hailed China-funded Asian Infrastructure Investment Bank (AIIB) as Beijing reached out to a suspicious US, saying any country willing to join the USD 50 billion multinational lender is welcome.

Mar 23, 2015, 19:03 PM IST