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Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Markets

05 May, 2020

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Indian shares rebounded on Tuesday, led by a jump in beaten-down banking stocks, as Asian markets tracked Wall Street higher ......

Indian stocks end at more than six-week high on HDFC boost

Markets

29 April, 2020

Indian stocks end at more than six-week high on HDFC boost

Indian shares rose on Wednesday, tracking gains in Asian markets, as several countries eased coronavirus-induced lockdowns while...

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Finance

28 April, 2020

Axis Bank reports surprise $183 mn loss on COVID-19 provisions

Axis Bank Ltd, India’s third biggest private-sector lender, on Tuesday reported a surprise 13.88 billion rupee ($182.96...

Axis Bank inks deal to own 30% of Max Life Insurance

Finance

28 April, 2020

Axis Bank inks deal to own 30% of Max Life Insurance

Axis Bank has inked a deal to acquire a 30% stake in Max Life Insurance Company Ltd, as India’s third-largest ......

Three lenders trim stake in Yes Bank within two weeks of investment

Finance

23 April, 2020

Three lenders trim stake in Yes Bank within two weeks of investment

Three private-sector banks, which had pitched in to save Yes Bank from the brim of a collapse last month, have ......

Sensex, Nifty rise on signs of slowing virus spread in hot spots; pharma shares jump

Markets

07 April, 2020

Sensex, Nifty rise on signs of slowing virus spread in hot spots; pharma shares jump

Indian shares rose on Tuesday, tracking broader Asian markets, on hopes of the coronavirus spread having peaked in key global...

Sensex, Nifty post seventh straight weekly decline

Markets

03 April, 2020

Sensex, Nifty post seventh straight weekly decline

Indian shares ended lower on Friday as coronavirus cases crossed 2,000 in Asia's third-largest economy, while oil prices advanced...

Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

General

31 March, 2020

Grapevine: Bain faces margin calls as Axis Bank shares fall; VCs set up corona fund

Private equity investor Bain Capital is facing margin calls from three lenders -- JPMorgan, Citi and Nomura -- as the ......

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

Sensex, Nifty tumble over 5% as virus fears linger

Markets

18 March, 2020

Sensex, Nifty tumble over 5% as virus fears linger

Indian shares erased early gains to sink lower on Wednesday, with heavy losses in financial stocks, as fears of the ......

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