Axis Bank
Finance
PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns
Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......
Finance
Dark clouds hanging over India Inc scatter at a faster pace
A sliding economy took a toll on India Inc before the coronavirus made things worse in April-June. Corporate results started...
Finance
Top executive quits Ares SSG-backed asset reconstruction firm
The chief executive and managing director of an asset reconstruction firm, backed by alternative asset manager Ares SSG (previously...
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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...
Finance
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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