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Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

Finance

06 March, 2020

Yes Bank: Sweet bet for several PE firms before WestBridge's contrarian play went bust

‘Never catch a falling knife’ is a colloquial term widely and frequently used in the investment world when the price...

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 plunges 60%, panicked depositors rush to withdraw funds

Finance

06 March, 2020

Yes Bank plunges 60%, panicked depositors rush to withdraw funds

Shares in India's Yes Bank Ltd plunged 60% on Friday as panicky depositors rushed to withdraw funds after the central ......

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Markets

06 March, 2020

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Indian stocks slumped on Friday with banks and non-bank companies dropping after the Reserve Bank of India’s decision to...

RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest

Finance

05 March, 2020

RBI imposes moratorium on Yes Bank, supersedes board; SBI may invest

The Reserve Bank of India on Thursday imposed a moratorium on Yes Bank and superseded its board after the private-sector ......

SBI Cards' IPO closes with 26.5 times subscription; Antony Waste offering struggles

Finance

05 March, 2020

SBI Cards' IPO closes with 26.5 times subscription; Antony Waste offering struggles

SBI Cards & Payment Services Ltd, India’s second-largest credit-card issuer, received an astounding response to its...

Sensex, Nifty rise in step with Asian peers; coronavirus fears cap gains

Markets

05 March, 2020

Sensex, Nifty rise in step with Asian peers; coronavirus fears cap gains

Indian shares climbed on Thursday in tandem with broader Asian markets, lifted by banking and consumer stocks, though a sharp...

IVRCL gets bid for sale of company as going concern under liquidation

Infrastructure

04 March, 2020

IVRCL gets bid for sale of company as going concern under liquidation

Hyderabad-based construction firm IVRCL Ltd is set to become the first company under liquidation to be sold as a going ......

PE-backed SBI Cards' IPO subscribed 15.5 times on third day

Finance

04 March, 2020

PE-backed SBI Cards' IPO subscribed 15.5 times on third day

SBI Cards & Payment Services Ltd’s initial public offering received full subscription on the third day on Wednesday,...

PE-backed SBI Cards' IPO races towards full subscription on second day

Finance

03 March, 2020

PE-backed SBI Cards' IPO races towards full subscription on second day

SBI Cards & Payment Services Ltd’s initial public offering advanced towards full subscription on the second day on Tuesday...

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