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Snapdeal's cup of woes: Online seller files police complaint, alleges fraud

TMT

02 May, 2017

Snapdeal's cup of woes: Online seller files police complaint, alleges fraud

Even as beleaguered e-commerce firm Snapdeal inches closer to a merger with rival Flipkart, several online sellers have complained against ......

Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion

Finance

30 March, 2017

Kotak Mahindra Bank to raise $825 mn for M&As, biz expansion

Kotak Mahindra Bank, India’s fourth-largest private-sector lender, plans to sell shares worth as much as $825 million (Rs 5,350 crore) ......

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QInvest looks to sell Ambit stake

Finance

27 March, 2017

QInvest looks to sell Ambit stake

Qatar-based investment banking and financial services firm QInvest LLC is looking to divest its stake in Ambit Pvt. Ltd, nearly ......

Premium
Why the SBI merger may accelerate consolidation in India's banking sector

General

10 March, 2017

Why the SBI merger may accelerate consolidation in India's banking sector

Come April, India will be home to one of the largest banks in the world. The merger of the government-owned ......

Axis Bank limits support for Snapdeal's seller financing programme

TMT

09 March, 2017

Axis Bank limits support for Snapdeal's seller financing programme

Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal’s platform over falling sale numbers, a ......

Bombay High Court asks Axis Bank to deposit $15.45 mn in F1 case

General

26 December, 2016

Bombay High Court asks Axis Bank to deposit $15.45 mn in F1 case

The Bombay High Court has asked Axis Bank to deposit $15.45 million (around Rs 104 crore) with the court in ......

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Bombay HC restrains Lloyds Bank, RBS to make demand against Axis Bank in F1 case

General

15 December, 2016

Bombay HC restrains Lloyds Bank, RBS to make demand against Axis Bank in F1 case

The Bombay High Court has restrained two British lenders, Lloyds Bank and the Royal Bank of Scotland, from invoking any ......

Why the debit card data breach should worry you

General

20 October, 2016

Why the debit card data breach should worry you

Several Indian financial institutions have, in the past few months, increasingly come under cyber attacks. News reports in the past ......

Rosneft-Essar deal: Has the Indian government effectively lent a helping hand to some banks?

General

18 October, 2016

Rosneft-Essar deal: Has the Indian government effectively lent a helping hand to some banks?

Last week, the Ruia family-controlled Essar Oil and the Russian government promoted oil and gas giant OJSC Rosneft announced that ......

Axis Bank buys 13.67% stake in asset reconstruction firm ACRE for $3.4 mn

General

16 September, 2016

Axis Bank buys 13.67% stake in asset reconstruction firm ACRE for $3.4 mn

Private sector Axis Bank will buy 13.67 per cent stake in Assets Care and Reconstruction Enterprise (ACRE) from IFCI Ltd ......

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