UPDATE 1-Market Chatter-Corporate finance press digest

Fri Feb 15, 2013 11:36am IST

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Border Security Force (BSF) soldiers ride their camels as they rehearse for the "Beating the Retreat" ceremony in New Delhi January 27, 2015. REUTERS/Ahmad Masood

"Beating The Retreat" Rehearsals

Rehearsals are on for "Beating the Retreat" ceremony which symbolises retreat after a day on the battlefield, and marks the official end of the Republic Day celebrations.  Slideshow 

Feb 15 (Reuters) - The following corporate finance-related stories were reported by media on Friday:

* JPMorgan Chase & Co's global head of equity proprietary trading has quit the investment bank to set up a hedge fund in Switzerland, the Financial Times reported.

* Japanese financial services firm Orix Corp will buy Dutch asset manager Robeco from its owner Rabobank for about 240 billion yen ($2.58 billion)in a cash and stock deal, sources familiar with the matter said on Friday.

* Abu Dhabi's Aabar Investments has begun talks with lenders about refinancing a $2 billion loan due to mature in May, three banking sources told Reuters.

* Indian life insurance companies HDFC Life, Birla Sun Life and ICICI Prudential have shown interest in purchasing HSBC's stake in its insurance joint venture with Indian banks Oriental Bank of Commerce and Canara Bank, the Economic Times reported.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

Reuters Showcase

Telecom Sector

Telecom Sector

India postpones mobile airwave auction to March 4.  Full Article 

Business Strategy

Business Strategy

Uber scraps commissions for its New Delhi taxis.  Full Article 

Currencies

Currencies

China's yuan breaks into the world's top five as payment currency - SWIFT.  Full Article 

India’s Male Tenor

India’s Male Tenor

India’s lone male tenor wants to ‘Indianise’ opera  Full Article 

Job Cuts

Job Cuts

Sony to cut 1,000 jobs in smartphone business - sources.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage