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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...

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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...

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 ......

Sensex, Nifty subdued after poor reaction to economic package

Markets

15 May, 2020

Sensex, Nifty subdued after poor reaction to economic package

Indian shares fell on Friday after details on the government’s economic package failed to impress investors already worried...

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India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Finance

13 May, 2020

India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Even before the Indian economy faced the brunt of economic lockdown due to the coronavirus pandemic, almost half of the ......

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Indian stocks saw broad-based gains on Friday amid rising expectations about an economic stimulus to cushion the impact of the...

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services...

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Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Finance

06 May, 2020

Value Lens: Is the Axis Bank-Max Life Insurance deal deeply discounted?

Axis Bank’s deal to bump up its stake in Max Life Insurance Company Ltd has likely come cheap for India’s ......

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