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  1. REC gets JPY 31.96 billion loan from Deutsche Bank to finance green energy projects in India

    REC gets JPY 31.96 billion loan from Deutsche Bank to finance green energy projects in India

    New Delhi: State-owned REC Ltd on Wednesday said it has received a loan of 31.96 billion Japanese yen (equivalent to US$200 million) from Deutsche Bank's GIFT City branch to finance green energy projects in India.According to a statement, REC has taken out a green loan of JPY 31.96 billion...
  2. Rule change could help add customers from anywhere in India: Deutsche Bank

    Rule change could help add customers from anywhere in India: Deutsche Bank

    In Mumbai, German lender Deutsche Bank will focus on the digital channel instead of the branch model to grow its business in the country, a top official said.Changes in RBI rules imposing geolocation restrictions during client onboarding will help, said Kaushik Shaparia, CEO, Deutsche Bank...
  3. HCLTech, Germany's ApoBank extend relationship with US$278 million deal

    HCLTech, Germany's ApoBank extend relationship with US$278 million deal

    New Delhi: IT services company HCL Technologies (HCLTech) on Tuesday said it has expanded partnership with Deutsche Apotheker- und Arztebank EG (Apobank), Germany's largest co-operative primary bank.According to the regulatory filing, the estimated contract value of the deal is US$278 million...
  4. Strong growth, low fiscal deficit could lead to India's rating improvement: Deutsche Bank

    Strong growth, low fiscal deficit could lead to India's rating improvement: Deutsche Bank

    MUMBAI: Strong growth and low fiscal deficit could lead to a sovereign rating upgrade for India, a German brokerage said on Monday.Deutsche Bank analysts said the government's commitment to reduce the fiscal deficit to 5.1 percent in FY2015 and 4.5 percent in FY206 "now looks more credible"...
  5. Sex video scandal: SIT on high alert amid reports of Prajwal Revanna returning from Germany

    Sex video scandal: SIT on high alert amid reports of Prajwal Revanna returning from Germany

    Sources said that Prajwal Revanna had booked a business class ticket worth Rs 3.5 lakh for a Deutsche Lufthansa flight that took off from Germany at noon.SIT has also received information that he canceled the ticket but did not request for refund.According to SIT sources, this opens the...
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