Kotak’s Best Chance To Merge Axis Bank: Nomura

Kotak’s Best Chance To Merge Axis Bank

Axis Bank CEO’s request to revise down her term to Dec-18 (earlier Jun-21) has been accepted by the board. Our assessment suggests that Axis Bank will have to look for an external CEO, said Nomura in a research report.                         

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WhatsApp May be Sharing your Payments Data with Facebook

WhatsApp May be Sharing your Payments Data with Facebook

Gold Silver Reports (GSR) – WhatsApp May be Sharing your Payments Data with Facebook — Based on the Unified Payments Interface (UPI) platform, WhatsApp launched payments on trial for some of its users in February. It is expected to introduce the service to all its users soon.

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U.S.-China Tensions May Put Up to $400 Billion in Investment at Risk

China to shut its consulate in Houston within 72 hours

Gold Silver Reports (GSR) – Chinese investment into the U.S. slumped last year to $29 billion from $46 billion, as the Asian nation restricted outbound capital and the Trump administration took a tough stance on deals, according to the report Tuesday from New York-based research firm Rhodium Group and the National Committee on U.S.-China Relations. U.S. investment into China was little changed at $14 billion.                             

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