Tag - Barclays

British judge rules BR Shetty to pay Barclays $131 mn


New Delhi/London: Barclays can enforce a $131 million judgment to recover unpaid bills from embattled NMC Health founder B.R. Shetty following the failure of a foreign exchange venture, a British judge has ruled, The National reported. The UK-based international bank had sought to claw back its losses after the businessman's Abu Dhabi-based UAE Exchange Center...

Indian origin C S Venkatakrishnan takes over as Barclays CEO


New York: Yet another Indian-origin has taken over as CEO of a major multinational company. C.S. Venkatakrishnan, head of global markets for Barclays, has been appointed the bank’s chief executive, following the resignation of Jes Staley after a report by UK regulators explored links with late financier and sex offender Jeffrey Epstein.  Born in Mysuru, Karnataka, Venkatakrishnan...

India on course for a double digit growth in FY22


New Delhi: India's GDP growth rate for FY22 is likely to be in double digits on the back of robust performance of the country's tradables sector and a much smaller-than-expected decline in services activity due to pandemic disruptions this year, according to a report by Barclays. The report authored by Barclays chief India economist Rahul...