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Covid-19

Sensex, Nifty tumble as lockdown extends, US-China tensions flare

Markets

04 May, 2020

Sensex, Nifty tumble as lockdown extends, US-China tensions flare

Indian stocks fell sharply on Monday after the government extended a nationwide coronavirus lockdown by two weeks and as tensions ......

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Markets

30 April, 2020

Nifty, Sensex log best month since 2009, track global cheer on virus drug hopes

Indian shares recorded their best month in 11 years on Thursday, tracking gains in global markets on signs of progress ......

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 hit a more than six-week closing high on Wednesday, driven by an HDFC-led rally in financials, while improved ......

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 million) loss for ......

Sensex, Nifty slide as virus jitters return, financials drag

Markets

24 April, 2020

Sensex, Nifty slide as virus jitters return, financials drag

Indian shares closed lower on Friday as global data laid bare the economic damage caused by the coronavirus pandemic and ......

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Digital lenders braced to weather coronavirus but loan aggregators in peril

TMT

23 April, 2020

Digital lenders braced to weather coronavirus but loan aggregators in peril

Digital lenders’ revenues are better positioned than those of loan aggregators amid the coronavirus crisis at least in the short ......

Grapevine: Blackstone, Warburg, NIIF join race to buy stake in Concor

General

17 April, 2020

Grapevine: Blackstone, Warburg, NIIF join race to buy stake in Concor

Global investors Blackstone and Warburg Pincus as well as India’s sovereign fund National Investment and Infrastructure Fund (NIIF) have joined ......

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KKR's McVey on slowing growth, PE opportunities and credit as attractive asset class

Finance

16 April, 2020

KKR's McVey on slowing growth, PE opportunities and credit as attractive asset class

Global alternative asset manager KKR is expecting a period of slower growth, a wave of opportunities for private equity as ......

Real estate sentiments hit historic low in March quarter: Knight Frank report

Infrastructure

16 April, 2020

Real estate sentiments hit historic low in March quarter: Knight Frank report

With the coronavirus crisis bringing business activities to a grinding halt across sectors, the current sentiment of the real estate ......

Sensex, Nifty rebound as financials jump

Markets

16 April, 2020

Sensex, Nifty rebound as financials jump

Indian shares snapped two sessions of losses on Thursday on the back of gains in financial stocks, as sentiment improved ......