APAC Banking Sector Performance in 2022-2023: Navigating Economic Headwinds


The Asia-Pacific (APAC) banking sector faced a dynamic landscape in 2022-2023, marked by economic headwinds and varying performance across emerging markets (EMs) and developed markets (DMs). Let’s delve into the key trends and outlook for APAC banks during this period. 1. Steady Outlook Despite Challenges Despite challenges stemming from weakening global demand, high inflation, and […]

IFAD President calls for increased investment in rural transformation at G20

Alvaro Lario, President of the International Fund for Agricultural Development (IFAD), made a strong pitch for increased investment in small-scale farmers and rural communities at the G20 Agriculture Ministers’ meeting in Hyderabad, India, from 15-17 June. His call for greater investment in rural people echoes the recognition of G7 leaders that we urgently need more support […]

DSP Asset Managers opens its first offshore office in London

DSP Asset Managers recently opened its first offshore office in London catering to institutions seeking investment opportunities in Indian markets. DSP International UK Limited, situated on 1 St. Katherine’s Way, next to London Tower would mainly cater to pension funds, sovereigns, family offices and high net-worth individuals. DSP Asset Management is one of India’s oldest financial institutions [ex-Merrill Lynch […]

Vedanta’s aluminium verticle obtains coveted ASI Performance Standard Certification

Vedanta Limited – Aluminium Business (Vedanta Aluminium), India’s largest producer of aluminium, has achieved the ASI Performance Standard V2 (2017) Certification at its smelter located within the Special Economic Zone at Jharsuguda, Odisha, India. The company was certified for the manufacture of all primary aluminium products in the form of billets, wire rods, primary foundry alloys (PFA), ingots […]

TCS Partners Renesas for new Joint Innovation Center in India

Tata Consultancy Services (TCS) one of the largest IT services companies in the world, and Renesas Electronics Corporation (Renesas), a premier supplier of advanced semiconductor solutions, announced the opening of a joint Innovation Center in Bengaluru and Hyderabad and to collaborate on radio frequency, digital and mixed-signal design and software development for innovative next generation […]

Tata Motors partners HDFC Bank to offer Electric Vehicle Dealer Financing program

In a bid to increase EV adoption in the country, Tata Motors, India’s leading automotive manufacturer has joined hands with HDFC Bank, India’s largest private sector bank, to offer an Electric Vehicle Dealer Financing solution to its authorized passenger EV dealers. Under this scheme, Tata Motors will provide its dealers additional inventory funding over and […]

Recognize onboards Muthu Kumaran as Operating Partner and head of India operations

Recognize, a technology investment platform that is singularly focused on the technology services industry, recently announced that Muthu Kumaran will join the firm as Operating Partner and head of India operations. Muthu expands Recognize’s ability to build best-in-class delivery and operations, and attract world class talent in support of Recognize portfolio companies. Recognize raised approximately […]

Vertiv introduces Vertiv HMX 3080/4080 IP-based KVM

Vertiv, one of the global providers of critical digital infrastructure and continuity solutions, today introduced the Vertiv Avocent HMX 3080/4080  series, an IP-based signal extender allowing users to remotely transmit DVI video, audio, USB and RS232 signals over a Gigabit network. The product is available now, exclusively in Greater China, South East Asia, Australia, New Zealand and India. […]

Apple launches iPhone 14 Pro and iPhone 14 Pro Max

Apple recently announced iPhone 14 Pro and iPhone 14 Pro Max, the most advanced Pro lineup ever, featuring the Dynamic Island — a new design that introduces an intuitive way to experience iPhone — and the Always-On display. Powered by A16 Bionic, the fastest chip ever in a smartphone, iPhone 14 Pro introduces a new class of pro […]

Apollo Hospitals signs MoU with Eclipse Group

Apollo Hospitals, one of the Asia’s foremost and trusted integrated private healthcare services providers, enters Tanzania by signing an MoU with Eclipse Group, Africa to set up a cancer care centre in the Msasani area, Dar es Salaam, Tanzania. With this partnership, Apollo will provide healthcare services with advanced cancer care treatments. The 60 bedded state-of-the-art cancer centre will offer comprehensive cancer care […]