Axis Bank
General
Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO
Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......
Consumer
PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in
A bunch of domestic institutions, including public market funds of top private-sector banks, has acquired a minority stake in FabIndia ......
Markets
Sensex, Nifty slump on worries over elevated crude prices
Indian shares fell sharply in the closing hours of trade on Tuesday as investors feared a further rise in crude ......
Markets
Nifty, Sensex end lower as bank, auto stocks slip
Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE ......
Finance
NIIF gets $2 bn commitment from Australian, Canadian pension funds
The National Investment and Infrastructure Fund (NIIF) of India has received funding commitment of up to $1 billion (Rs 7,066 ......
General
Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands
For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......
Infrastructure
Adani Power to take over debt-laden GMR Chhattisgarh Energy
GMR Chhattisgarh Energy Ltd's lenders have approved an offer by Adani Power Ltd to acquire the debt-laden electricity generation company. The ......
Infrastructure
Stressed assets this week: Jet in limbo; ABG Shipyard heads to liquidation
During the January-March quarter, 73 cases ended in liquidation, taking the total number of such cases to 378 since the ......
General
Reliance Jio, Airtel plan to bid for Zee stake; Actis eyes Engie's India solar biz
Reliance Jio Infocomm Ltd and Bharti Airtel Ltd, led by billionaires Mukesh Ambani and Sunil Bharti Mittal, respectively, are planning ......
Finance
Axis AMC raises $58 mn for maiden real estate fund
Axis Asset Management Company Ltd has hit the final close of its maiden real estate fund at Rs 400 crore ......
