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Axis Bank

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

General

20 August, 2020

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

Adani Power is looking to acquire a 414 megawatt (MW) coal-fired plant near Chennai from OPG Power Ventures for up ......

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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

Sensex, Nifty rise as Reliance, HDFC Bank rally

Markets

04 August, 2020

Sensex, Nifty rise as Reliance, HDFC Bank rally

Indian shares closed higher on Tuesday, led by gains in heavyweights Reliance Industries Ltd and HDFC Bank Ltd, while strong ......

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Finance

24 July, 2020

Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat

Max Financial Services and Axis Bank have agreed to make changes to the value-creation options in their proposed life insurance ......

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Banks scramble to beef up defences as coronavirus threatens to sour loan books

Finance

14 July, 2020

Banks scramble to beef up defences as coronavirus threatens to sour loan books

Banks across the nation are raising or proposing to raise at least Rs 1.4 trillion ($19 billion) as the industry ......

Nifty, Sensex record fourth straight weekly gains

Markets

10 July, 2020

Nifty, Sensex record fourth straight weekly gains

Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, ......

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Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

Finance

08 July, 2020

Virus fears damp M&As in Jan-June but cross-border sales, collapsed deals in focus

The number of mergers and acquisitions (M&As) involving India Inc. declined to the lowest level in at least eight years ......

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

General

02 July, 2020

Grapevine: ShareChat eyes funds from SAIF; Axis Bank in talks for PE funding

Regional language social media platform ShareChat is looking to raise $200 million (Rs 1,510 crore at current exchange rate) from ......

Axis Bank ED Pralay Mondal quits, may lead another lender

Finance

16 June, 2020

Axis Bank ED Pralay Mondal quits, may lead another lender

Pralay Mondal, executive director for retail banking at Axis Bank, has resigned his position at the private-sector lender and maybe ......

Sensex, Nifty jump over 3% as banks surge on bargain hunting

Markets

27 May, 2020

Sensex, Nifty jump over 3% as banks surge on bargain hunting

Indian shares closed over 3% higher on Wednesday as value investors stepped in to buy beaten-down banking stocks, while Axis ......