Author: TNR

The 129-year-old Swiss CDMO giant chose Hyderabad after evaluating multiple locations, citing specialised talent and infrastructure — a significant endorsement for the city’s life sciences ambitions Lonza Group AG, one of the world’s leading contract development and manufacturing organizations, announced on March 5, 2026 that it will establish a Global Capability Centre in Hyderabad. The Basel-headquartered company — which employs roughly 20,000 people globally and operates more than 30 development and manufacturing sites across North America, Europe, and Asia — selected Hyderabad after evaluating multiple locations, citing “the availability of specialised talent and supporting infrastructure.” The centre will handle operational,…

The New York-based insurer secures 2,00,000 square feet in Hyderabad’s Financial District and plans to add more than 2,000 jobs as it shifts its India operations from back-office support to technology leadership MetLife has been in India for over a decade, running operations teams out of Noida and Jaipur. What is happening now is a different proposition entirely. The company has expanded into Hyderabad and Pune, rebranded its India presence as the MetLife Global Capability Center — MGCC — and repositioned it as a direct extension of MetLife’s Global Technology and Operations team, the organization that serves over 90 million…

The Boston-based healthcare AI company picks Hyderabad over Bengaluru for its first international centre, with hiring planned across engineering, clinical operations, data science, and compliance Cohere Health, a US-based clinical intelligence company serving health plans, has launched its Global Capability Centre in Hyderabad — its first outside the United States. The centre brings together teams across AI/ML engineering, analytics, and clinical operations, working directly alongside US-based colleagues to scale the company’s clinically trained AI platform. The work being done here is not peripheral. Cohere Health’s platform handles utilization management — the process by which health insurers decide whether a medical…

The deal — valued at approximately 1.5–1.6 times implied equity — will more than double Federal Bank’s presence in India’s top eight cities and boost its non-co-branded credit card receivables by an estimated 90% Federal Bank is acquiring around 450,000 retail credit cards from Standard Chartered Bank’s India standalone credit card portfolio, with the two lenders set to sign a definitive agreement. The transaction will expand Federal Bank’s credit card base and deepen its footprint in Tier-1 cities by adding what both banks describe as a high-quality, seasoned customer portfolio. The deal value was not disclosed. The transaction values the…

The German lender’s India retail and wealth management assets — with a book size of at least $2.5 billion — are now at the centre of a competitive acquisition process involving two of India’s prominent private sector banks Deutsche Bank is in advanced talks to exit its retail and wealth management operations in India, with Kotak Mahindra Bank and Federal Bank both submitting binding offers for the portfolio, according to a Bloomberg report. The assets on the table carry a book size of at least $2.5 billion and include mortgage lending, small business loans, and wealth management services. Negotiations are…

Tokyo-based banking giant subscribes to 471.1 million shares at ₹840.93 apiece in one of the largest cross-border financial deals India has seen Japan’s MUFG Bank has closed one of the largest cross-border deals in India’s financial services sector, acquiring a 20% stake in Shriram Finance through a preferential allotment of 471.1 million equity shares at ₹840.93 per share — a transaction that aggregates to approximately ₹39,618 crore. The deal, which received all necessary regulatory approvals including clearance from the Competition Commission of India, gives MUFG a 20% stake in the non-banking financial company on a fully diluted basis. Markets responded…

Dubai-based Emirates NBD is set to take majority control of RBL Bank after securing the last remaining approval it needed — the Government of India’s sign-off. With that, every regulatory and governmental clearance required to close the deal is now in place. The acquisition, worth approximately USD 3 billion, is the largest equity fundraise in Indian banking history and the first time a foreign bank has successfully acquired a majority stake in a profitable Indian private sector bank. The deal was first announced on 18 October 2025. Emirates NBD will invest roughly INR 268.5 billion into RBL, subscribing to up…

India’s first chip fab is coming.

As global banks report their strongest India growth in a decade, The Narrative Republic examines what is driving the shift and why the window for early movers is narrowing. Something has shifted. And the people who have not noticed yet are going to feel it soon. For years, the story was simple. India was where global banks sent work that needed to get done cheaply and reliably. Back-office processing. Technology support. Operations that ran quietly in the background while the real business happened elsewhere. It was a sensible arrangement. It just was not a strategic one. That distinction is now…

More than a decade after its launch, Make in India is starting to reshape how international manufacturers view India within their long-term production and supply chain strategies. What began in 2014 as a government-led industrial initiative has evolved into a broader effort to position India as a major manufacturing, technology, and export hub. That effort has gained momentum in recent years as companies reduce dependence on China and diversify production across multiple Asian markets. Trade tensions, supply chain disruptions, and geopolitical uncertainty have accelerated this transition. For many overseas industrial groups, India is no longer viewed simply as an alternative…