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Avendus Wealth Management hires former Axis exec as new chief

People

15 May, 2024

Avendus Wealth Management hires former Axis exec as new chief

Avendus Capital’s wealth management arm Avendus Wealth has onboarded a former Axis Bank executive at its helm as managing director ......

Hospitality chain Vro secures $10 mn in bridge round

Consumer

03 January, 2024

Hospitality chain Vro secures $10 mn in bridge round

Fine dining chain operator Vro Hospitality has raised $10 million (Rs 83 crore) in a bridge funding round, led by ......

Premium
Differences with Kedaara Capital led to Spandana founder's exit

Finance

04 November, 2021

Differences with Kedaara Capital led to Spandana founder's exit

Spandana Sphoorty Financial Ltd founder and managing director Padmaja G. Reddy was asked to resign from the microlender following differences ......

Sensex, Nifty surge as bank stocks rally on RBI boost

Markets

17 April, 2020

Sensex, Nifty surge as bank stocks rally on RBI boost

Indian shares closed over 3% higher on Friday as bank stocks rallied after the country's central bank cut a key ......

Axis Bank to sell entire stake in Experian Credit for $9.5 mn

General

07 February, 2017

Axis Bank to sell entire stake in Experian Credit for $9.5 mn

Private-sector lender Axis Bank Ltd has signed an agreement to sell its entire 10% stake in Experian Credit Information Co ......

Axis Bank raises stake in Max Life Insurance

General

01 March, 2016

Axis Bank raises stake in Max Life Insurance

India's third-largest private lender Axis Bank Ltd has raised its stake in Max Life Insurance Company Ltd (MLIC), a three-way ......

​Lakshmi Vilas Bank names Parthasarathi Mukherjee as MD & CEO

General

21 December, 2015

​Lakshmi Vilas Bank names Parthasarathi Mukherjee as MD & CEO

Lakshmi Vilas Bank said it has received approval from the Reserve Bank of India (RNI) for appointing Parthasarathi Mukherjee as ......

Axis Bank to raise stake in Max Life Insurance

General

23 October, 2015

Axis Bank to raise stake in Max Life Insurance

India's third-largest private lender Axis Bank Ltd will raise its stake in Max Life Insurance Company Ltd, a three-way joint ......

Mswipe raises $25M from Falcon Edge, Ola, Meru Capital & existing investors

TMT

23 July, 2015

Mswipe raises $25M from Falcon Edge, Ola, Meru Capital & existing investors

Mumbai-based mobile point of sales (PoS) payment services provider Mswipe Technologies Pvt Ltd has raised $25 million (Rs 159 crore ......

Why banks may not cut lending rates soon enough

General

20 March, 2015

Why banks may not cut lending rates soon enough

Axis Bank became the first bank to slash deposit rates after the RBI cut its key policy rate by 25 ......