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Sensex, Nifty decline as firms flag lockdown damage

Markets

01 April, 2020

Sensex, Nifty decline as firms flag lockdown damage

Indian shares ended lower on Wednesday as companies started laying out the extent of the damage to their businesses from ......

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 skidded over 6% in the waning moments of trading on Wednesday, with financial stocks suffering the most, as ......

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

Finance

13 March, 2020

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday, as the ......

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

Premium
KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial ......

Nifty, Sensex close lower ahead of Budget; energy stocks lead losses

Markets

31 January, 2020

Nifty, Sensex close lower ahead of Budget; energy stocks lead losses

Indian shares gave up early gains to settle lower on Friday, dragged down by energy stocks, a day ahead of ......

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Finance

30 January, 2020

Kotak Mahindra Bank reaches deal with RBI on cutting promoter stake

Kotak Mahindra Bank Ltd and the Reserve Bank of India have reached an agreement on reducing billionaire Uday Kotak’s stake ......

Nifty, Sensex close higher, banking stocks shine

Markets

24 January, 2020

Nifty, Sensex close higher, banking stocks shine

Indian shares ended firmer on Friday, with banking stocks leading gains, as investors assessed a raft of corporate earnings and ......

Nifty, Sensex slide on weak earnings; banks, refiners drag

Markets

20 January, 2020

Nifty, Sensex slide on weak earnings; banks, refiners drag

Indian shares fell from record highs on Monday, dragged down by financial companies after a clutch of disappointing earnings reports. The ......