News Muncher - searching for sumitomo

5 days, 19 hours ago

Japan Brokerages Boost Pay, Perks to Keep Retirement-Age Workers

Japan’s biggest securities firms are raising pay and benefits for workers who reach retirement age, highlighting the urgency to retain talent in one of the world’s fastest-aging countries. Sumitomo Mitsui Financial Group Inc.’s securities unit also hiked pay levels for senior workers for two years in a row. “The diverse experience and skill sets of employees at 60 or over …

Japan Employees Experience Securities Nomura 60 According

2 weeks ago

Japan’s Megabanks Are Flush With Cash and Hunting Overseas Deals

Live Mint

Japan’s megabanks are awash in cash and eager to invest. “Their investment strategy including M&A is key to whether the banks can reach the next level of growth,” said Nana Otsuki, a senior fellow at Pictet Asset Management Japan Ltd. “Given their price-to-book ratios still aren’t comfortably above one, it’s a priority to better utilize their capital.” All of the …

India Growth Financial Investment Indian Bank Japanese

2 weeks, 4 days ago

Japan Credit Rating Agency awards SMFG India Credit AA- Rating, 4 Notches Above India’s Sovereign Rating

Live Mint

NewsVoir Mumbai, December 6: SMFG India Credit, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, has been awarded an international credit rating of "AA-" with a stable outlook by the Japan Credit Rating Agency. This exceptional outcome places SMICC four notches above India's sovereign rating and only one notch below its parent financial group SMFG's own "AA" rating. Pankaj Malik, …

India Japan Financial Credit Loans Rating Smfg India Credit

3 weeks, 4 days ago

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Live Mint

-- Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to people familiar with the …

India Indian Companies Japanese Group Banks Bloomberg

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today

India Today

Adani Group stocks rallied sharply on Friday, climbing up to 15% as investors responded positively to clarifications on the US bribery case and assurances of financial stability. Most other Adani Group stocks also registered gains in early trade. The rally comes after Japan’s largest lenders, including Mizuho Financial Group, Sumitomo Mitsui Financial Group, and Mitsubishi UFJ Financial Group, reportedly reaffirmed …

Adani Group Highlighted

1 month, 1 week ago

Japan’s Nikkei rises as auto, bank shares gain

Live Mint

TOKYO, - Japan's Nikkei share average rose on Friday as a weaker yen lifted automakers, and financial stocks gained after raising their annual profit forecasts. Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease …

Japan Weaker Yen

1 month, 2 weeks ago

Mortgage-tech startup Easy raises $35 million from Claypond Capital, Japanese fund

New Indian Express

MUMBAI: Easy, a mortgage-tech startup, has raised $35 million in its series B funding round led by Claypond Capital and Sumitomo Mitsui Banking Corporation's Asia rising fund apart from the existing investors including Xponentia Capital, Finsight Ventures, Harbourfront Capital and Pegasus India's evolving opportunities fund. With this funding, the company has raised over $100 million in equity and debt financing, …

Capital Fund Easy

1 month, 2 weeks ago

Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round

Live Mint

Claypond Capital, the family investment office of Manipal Hospitals head Ranjan Pai, has backed Easy Home Finance Ltd. in a $35 million funding round that also saw Sumitomo Mitsui Banking Corporation Asia Rising Fund invest in the mortgage-tech startup. We've seen multiple clients from origination to moving-in the property on the same day,” Rohit Chokhani, managing director of Easy Home …

Finance Easy Easy Home Finance

2 months, 2 weeks ago

Why this Japanese group is the favourite to win Yes Bank's hand

Live Mint

Japan's Mitsubishi UFJ Financial Group has emerged as the favourite to acquire a majority stake in Yes Bank as it is agreeable to the regulatory cap on voting rights in private banks, three people aware of the matter said. "MUFG has started due diligence last week after SMBC and Emirates NBD dropped out due to the Reserve Bank of India's …

India Bank Voting Rights Emirates Nbd Cap Yes Bank Person

3 months, 1 week ago

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy

Live Mint

Breakout stocks to buy or sell: Domestic equity benchmarks Sensex and Nifty 50 settled higher on Tuesday, driven by pharma and IT stocks ahead of crucial US inflation data that could pave the way for Fed interest rate cuts. A 1.7 per cent rise in IT companies ahead of Wednesday's US inflation report helped lift domestic equities. Pharma stocks gained …

India Stocks Breakout Stocks Price Cent Buy Sumeet Bagadia

3 months, 2 weeks ago

Sumitomo acquires 8,054 sq m land from The Bombay Dyeing and Manufacturing Company for ₹440 crore in Mumbai

Hindustan Times

Goisu Realty Private Limited, a subsidiary of Japanese real estate developer Sumitomo Realty & Development Company, has acquired a 8,054-square metre land parcel from The Bombay Dyeing and Manufacturing Company Limited in the city's Lower Parel area for ₹440 crore, property registration documents accessed through real estate data analytics platform Propstack showed. Sumitomo acquires 8,054 sq m land from The …

Mumbai Land Japanese Realty Crore Bkc Worli

4 months, 1 week ago

SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

Hindustan Times

State Bank of India is reportedly aiming to strike a deal by end-March for the sale of its 24% stake worth 184.2 billion rupees currently in smaller rival Yes Bank, four sources with direct knowledge said. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in …

Bank Japanese Rbi Reuters Emirates Nbd Yes Bank Stake

5 months, 2 weeks ago

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan

Live Mint

New Delhi: First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in India’s Yes Bank Ltd, according to Bloomberg. The Middle Eastern lender is weighing a bid for as much as a 51% stake in YES Bank, the people said, asking not to be identified as the deliberations are private. Private lender YES Bank …

India Bank Rbi Yes Bank Billion Stake

6 months, 3 weeks ago

World's first wooden satellite built by Japan researchers

The Hindu

The world's first wooden satellite has been built by Japanese researchers who said their tiny cuboid craft will be blasted off on a SpaceX rocket in September. The creators expect the wooden material will burn up completely when the device re-enters the atmosphere -- potentially providing a way to avoid the generation of metal particles when a retired satellite returns …

Space Japan Earth Satellite Iss

7 months ago

Zeus Law Associates Represented Krisumi Corporation Private Limited For Land Collaboration For Krisumi Waterfall Residences, Gurugram

Live Law

ZEUS Law Associates, a prominent law firm specialising in Corporate & Commercial laws and Dispute Resolution practice, represented Krisumi Corporation Private Limited, a joint venture between Sumitomo Corporation, headquartered in Japan, a global leader with projects across several countries and real estate arm of Krishna group. ZEUS Law advised the Krisumi Corporation in their collaboration for another 3 acre of …

Zeus Zeus Law

9 months, 2 weeks ago

Stocks to Watch: Zomato, Coal India, Samvardhana Motherson, Adani Green Energy

Live Mint

Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. Samvardhana Motherson International: Sumitomo Wiring, a key stakeholder in the automotive firm Samvardhana Motherson, is reportedly planning to sell a 4.5 percent stake through a block deal, reported CNBC-Awaaz …

India Coal Company Deal Zomato Khavda Coal India

11 months ago

Disruption to shipping in Red Sea caused by Houthi militant attacks could affect supply chains for months, warn Business chiefs

The Hindu

Business chiefs warned on January 17 that disruption to shipping in the Red Sea caused by attacks by Yemen's Houthi militants could affect supply chains for months and lead to a shortage of tankers needed to transport fuel. "It's one of the most important arteries of global trade and global supply chains and it's clogged up right now," Maersk CEO …

Europe War Shipping Iran Yemen Red Gaza

11 months, 3 weeks ago

Honeywell Automation, Adani Wilmar and more: 10 biggest midcap losers of Nifty 50 in 2023

Hindustan Times

India's primary benchmark index Nifty 50 ends 2023 with a stellar performance, touching the record high of 21,800 in the last few days of the year. 10 biggest midcap losers on Nifty in 2023 Rajesh Exports Ltd recorded a share price of ₹367 on December 29 when markets closed, and is the biggest midcap loser of 2023 in Nifty 50. …

Nifty 50 Midcap Nifty Share Decline 2023 Biggest

1 year ago

Toshiba to be delisted after 74 years, faces future with new owners

Live Mint

Toshiba will be delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan's biggest brands and ushered in a buyout and an uncertain future. The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners which also includes financial …

Japan Toshiba Jip Investors Orix

1 year, 2 months ago

Japan firms to issue digital currency by July 2024 for transaction, settlement of clean energy certificates

Firstpost

GMO Aozora Net Bank will issue the yen-based digital currency, called “DCJPY”, which will operate on a network launched by DeCurret A group of Japanese firms will issue a digital currency by July 2024 for the transaction and settlement of clean energy certificates, cryptocurrency exchange DeCurret said on Thursday. GMO Aozora Net Bank will issue the yen-based digital currency, called …

Japan Settlement Bank Digital Digital Currency Currency Dcjpy

1 year, 2 months ago

Embassy Office Parks REIT leases 1.94 lakh sq ft office space in Mumbai to SMFG India Credit

Hindustan Times

Embassy Office Parks REIT has provided on lease 1.94 lakh square feet office space in its commercial project in Mumbai to SMFG India Credit Co. Ltd. Embassy REIT owns and operates a 42.4 million square feet portfolio of eight infrastructure-like office parks and four city-centre office buildings in India’s best-performing office markets of Bangalore, Mumbai, Pune, and the National Capital …

India Mumbai Credit Embassy Office Space Reit Square Feet

1 year, 2 months ago

Japanese firm inks 80-yr lease with MMRDA for BKC plots

Hindustan Times

Mumbai: The Mumbai Metropolitan Region Development Authority has once again earned big bucks from its plot in Bandra Kurla Complex. Earlier this week, Japanese group Sumitomo Corporation formally inked an 80-year lease agreement for two MMRDA plots measuring 2.94 acre in G Block of BKC for a sum of ₹2,067 crore. According to real estate analytics firm CRE Matrix, who …

Mumbai Japanese Bkc Real Plot Transaction Plots

1 year, 4 months ago

Japan’s OMRON Healthcare begins construction of manufacturing unit in Chennai

The Hindu

Following the signing of a memorandum of understanding with Tamil Nadu Chief Minister M.K. Stalin in May 2023, OMRON Healthcare Manufacturing India, a subsidiary of OMRON Healthcare Corporation Japan, has begun the construction of its new plant in Chennai with a groundbreaking ceremony. This state-of-the-art facility will mark OMRON’s debut into the healthcare manufacturing space in India, and will further …

Healthcare Japan Chennai Omron Begins Construction Omron Healthcare Manufacturing India

1 year, 5 months ago

No Baggage: Why Japan Airlines is encouraging flyers not to carry clothes

Firstpost

Japan Airlines wants passengers travelling to the country to ditch their suitcases. Starting on 5 July, Japan Airlines Co and trading house Sumitomo Corp have started an experiment that will give passengers the option to rent clothes during their stay in the country. For example, most travellers now enjoy eating at restaurants and staying at hotels at their destination, but …

Japan Airlines Emissions Rent Clothes Sumitomo Japan Airlines

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Search results for sumitomo

Japan Brokerages Boost Pay, Perks to Keep Retirement-Age Workers

Japan’s Megabanks Are Flush With Cash and Hunting Overseas Deals

Japan Credit Rating Agency awards SMFG India Credit AA- Rating, 4 Notches Above India’s Sovereign Rating

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Adani Green, Adani Energy Solutions: Why these Adani Group stocks are surging today

Japan’s Nikkei rises as auto, bank shares gain

Mortgage-tech startup Easy raises $35 million from Claypond Capital, Japanese fund

Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round

Why this Japanese group is the favourite to win Yes Bank's hand

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy

Sumitomo acquires 8,054 sq m land from The Bombay Dyeing and Manufacturing Company for ₹440 crore in Mumbai

SBI aims to sell Yes Bank stake worth $2.2 billion by end-March: Report

Yes Bank’s $5 billion stake said to attract lenders from the Middle East, Japan

World's first wooden satellite built by Japan researchers

Zeus Law Associates Represented Krisumi Corporation Private Limited For Land Collaboration For Krisumi Waterfall Residences, Gurugram

Stocks to Watch: Zomato, Coal India, Samvardhana Motherson, Adani Green Energy

Disruption to shipping in Red Sea caused by Houthi militant attacks could affect supply chains for months, warn Business chiefs

Honeywell Automation, Adani Wilmar and more: 10 biggest midcap losers of Nifty 50 in 2023

Toshiba to be delisted after 74 years, faces future with new owners

Japan firms to issue digital currency by July 2024 for transaction, settlement of clean energy certificates

Embassy Office Parks REIT leases 1.94 lakh sq ft office space in Mumbai to SMFG India Credit

Japanese firm inks 80-yr lease with MMRDA for BKC plots

Japan’s OMRON Healthcare begins construction of manufacturing unit in Chennai

No Baggage: Why Japan Airlines is encouraging flyers not to carry clothes