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Exclusive: Marquee PE, VC firms pumping in money to let Rana Kapoor exit Awfis

Infrastructure

28 June, 2023

Exclusive: Marquee PE, VC firms pumping in money to let Rana Kapoor exit Awfis

A clutch of marquee venture capital and private equity firms, besides family offices, are coming in to allow co-working space ......

Yes Bank plans to raise $666 mn more after govt bailout

Finance

26 March, 2020

Yes Bank plans to raise $666 mn more after govt bailout

Yes Bank Ltd has approved plans to raise up to Rs 5,000 crore ($666 million) to strengthen its capital base ......

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Finance

16 March, 2020

Crisis-hit Yes Bank plunges into $2.5 bn quarterly loss

Troubled Indian lender Yes Bank reported a wider-than-expected quarterly loss of 185.6 billion rupees ($2.5 billion), and said it was ......

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 ......

SBI board okays $975 mn investment in moratorium-hit Yes Bank

Finance

12 March, 2020

SBI board okays $975 mn investment in moratorium-hit Yes Bank

State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender ......

Deal with Yes Bank's bondholders 'in process', says administrator

Finance

11 March, 2020

Deal with Yes Bank's bondholders 'in process', says administrator

The administrator of India’s Yes Bank told Reuters a deal was being discussed with some bondholders who have opposed a ......

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ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses

Finance

09 March, 2020

ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses

ART Housing Finance is one of the few businesses owned by Yes Bank promoter’s family to go on the block, ......

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

Finance

09 March, 2020

Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges

An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

Finance

06 March, 2020

SBI may take up to 49% stake in Yes Bank under RBI bailout plan

The Reserve Bank of India (RBI) has outlined a scheme to revive Yes Bank that proposes State Bank of India ......

Yes Bank snubs Canadian investor Braich's offer; independent director quits

Finance

10 January, 2020

Yes Bank snubs Canadian investor Braich's offer; independent director quits

Yes Bank Ltd said on Friday it would raise up to 100 billion rupees ($1.41 billion) through the issue of ......