Mumbai, May 22 -- State-run Power Finance Corp. has declared its loan exposure to Gensol Engineering Ltd as fraud after its preliminary findings and has fully provided for the loan amount, according t... Read More
Mumbai, May 20 -- Proxy advisory firm IiAS has recommended Bajaj Finance Ltd's shareholders to vote against the reappointment of Rajeev Jain as vice-chairman and executive director, citing lack of cla... Read More
Mumbai, May 19 -- Shapoorji Pallonji (SP) Group, the Mumbai-headquartered real estate and infrastructure conglomerate run by billionaire Shapoor Mistry, is planning to raise $1.3 billion (about Rs.11,... Read More
Mumbai, May 17 -- Foreign brokerages including Investec and CLSA have downgraded their recommendations on the shares of IndusInd Bank Ltd after the lender flagged two more accounting issues in its int... Read More
New Delhi, May 16 -- Foreign brokerages including CLSA and Investec have downgraded their recommendations on IndusInd Bank Ltd shares after the lender flagged two more accounting issues in its interna... Read More
Mumbai, May 10 -- Japan's Sumitomo Mitsui Banking Corp. (SMBC) will acquire a 20% stake in Yes Bank for Rs.13,482 crore in the largest cross-border investment in Indian banking sector. SMBC will purch... Read More
Mumbai, May 9 -- Japan's Sumitomo Mitsui Banking Corp. (SMBC) will acquire a 20% stake inYes Bank for Rs.13,482 crore, making it the largest cross-border investment in the Indian banking sector. SMBC... Read More
Mumbai, May 9 -- The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan. The local currency opened at 84.61 and moved between an intra-day high of 84.52 and a low ... Read More
Mumbai, May 8 -- The Indian rupee fell nearly 1% on Thursday amid rising tensions between India and Pakistan. The domestic currency opened at 84.61 and moved between an intra-day high of 84.52 and a ... Read More
New Delhi, May 2 -- The stock market regulator has closed its investigation into potential insider trading violationsby top IndusInd Bank executives, a person aware of the matter said, as it found all... Read More