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Axis AMC's maiden real estate fund strikes second deal

Infrastructure

07 October, 2019

Axis AMC's maiden real estate fund strikes second deal

The maiden real estate fund of Axis Asset Management Company Ltd, a unit of private-sector lender Axis Bank Ltd, will ......

Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out

Finance

26 September, 2019

Axis Bank raises $1.76 bn via share sale to GIC, others; Bain Capital sits out

Axis Bank, India's third-largest private-sector lender, has raised Rs 12,500 crore ($1.76 billion) by selling shares to institutional investors including ......

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

General

19 September, 2019

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......

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PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in

Consumer

18 September, 2019

PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in

A bunch of domestic institutions, including public market funds of top private-sector banks, has acquired a minority stake in FabIndia ......

Sensex, Nifty slump on worries over elevated crude prices

Markets

17 September, 2019

Sensex, Nifty slump on worries over elevated crude prices

Indian shares fell sharply in the closing hours of trade on Tuesday as investors feared a further rise in crude ......

Nifty, Sensex end lower as bank, auto stocks slip

Markets

12 September, 2019

Nifty, Sensex end lower as bank, auto stocks slip

Indian shares gave up gains in the last hour of trade to end lower on Thursday, with the blue-chip NSE ......

NIIF gets $2 bn commitment from Australian, Canadian pension funds

Finance

06 August, 2019

NIIF gets $2 bn commitment from Australian, Canadian pension funds

The National Investment and Infrastructure Fund (NIIF) of India has received funding commitment of up to $1 billion (Rs 7,066 ......

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

General

28 June, 2019

Stressed assets: RBI panel focuses on SMEs; Orchid, GMR unit set to change hands

For the past two years, the Reserve Bank of India has been focusing mainly on the biggest stressed assets in ......

Adani Power to take over debt-laden GMR Chhattisgarh Energy

Infrastructure

26 June, 2019

Adani Power to take over debt-laden GMR Chhattisgarh Energy

GMR Chhattisgarh Energy Ltd's lenders have approved an offer by Adani Power Ltd to acquire the debt-laden electricity generation company. The ......

Stressed assets this week: Jet in limbo; ABG Shipyard heads to liquidation

Infrastructure

03 May, 2019

Stressed assets this week: Jet in limbo; ABG Shipyard heads to liquidation

During the January-March quarter, 73 cases ended in liquidation, taking the total number of such cases to 378 since the ......