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Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued ......

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Coronavirus disruption pulls down M&A volumes to eight-year low in Jan-March

General

02 April, 2020

Coronavirus disruption pulls down M&A volumes to eight-year low in Jan-March

The volume of mergers and acquisitions (M&As) for Indian corporates declined to the lowest level in eight years in the ......

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 ......

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 ......

Jet Airways lenders seek two more months for insolvency resolution

Infrastructure

13 March, 2020

Jet Airways lenders seek two more months for insolvency resolution

With investors not showing up amid global coronavirus outbreak, lenders to Jet Airways will seek another extension of around two ......

Nifty, Sensex rebound sharply but suffer worst week since 2009

Markets

13 March, 2020

Nifty, Sensex rebound sharply but suffer worst week since 2009

Nifty and Sensex recovered from a plunge to close about 4% higher on Friday. They staged a recovery amid hopes of ......

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 ......

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

General

12 March, 2020

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

German lender Deutsche Bank has backed out from bidding for embattled Dewan Housing Finance Corp. Ltd, citing clash of interests, ......

Nifty, Sensex close higher as Bank of England rate cut boosts stimulus hopes

Markets

11 March, 2020

Nifty, Sensex close higher as Bank of England rate cut boosts stimulus hopes

Indian shares ended higher on Wednesday, with gains in energy majors offsetting weakness in IT and financial stocks, after a ......

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Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

TMT

11 March, 2020

Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much so that a ......