Axis Bank
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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 ......
General
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 ......
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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 ......
General
SBI's Bhattacharya, ICICI's Chanda Kochhar in Fortune list of powerful businesswomen
India’s women have arrived in the world of global business. At least that’s what Fortune magazine would like us to ......
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Economy round-up: Inflation slows, factory output shrinks, stocks slump
The week began on a pessimistic note on Monday with renewed fears of a rate hike in the US dragging ......
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IL&FS Financial legal head Damini Marwah quits, set to join private bank
Damini Marwah has quit as the legal head of IL&FS Financial Services Ltd and is set to join one of ......
General
Stocks jump to near 18-month high on weak US jobs data
The benchmark Sensex extended its rally to hit fresh 16 month highs rallying 445.91 points to finish at 28,978.02, while ......
Healthcare
Lenders invoke pledged shares of JP Morgan-controlled Seven Hills Hospital
Lenders to Mumbai-based Seven Hills Healthcare have invoked their pledged shares and put the hospital on the block to recover ......
General
Govt starts process to sell stakes in private companies
The Indian government has invited bids from bankers to sell its minority stakes in many listed and unlisted companies as ......
General
Axis Bank forms JV with Mjunction for trade receivables discounting platform
Axis Bank Ltd, India's third-largest private-sector lender, has formed a joint venture with Mjunction Services Ltd for a trade receivables ......
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