Braich’s $1.2-bn bid not off the table, discussions still on: Ravneet Gill, YES Bank
Our fund-raise plan is very much on track. We have a plan B. We have a plan C.
IPO’s for complying with licensing regulations, raise growth capital: Nitin Chugh
Ujjivan wants holding company shareholders to subscribe to the IPO and have reserved 10% for them.
Axis Bank more than doubles loan provisions for troubled sectors
The bank is maintaining a standard asset provisioning of 1 percentage point for bad loans in such sectors, as against the regulatory provision of 0.40 per cent, its executive director Rajiv Anand told .
Foreign funds likely to increase India weightage: Sunil Khaitan, BofAML
The interest for companies that straddle consumer growth and financing of that growth is tremendous.
Why is Sensex rallying despite poor health of the economy?
The corporate tax rate has already started reflecting in the second-quarter earnings of India Inc.
Pee Safe raises Rs 30 crore in funding led by Alkemi Growth Capital
The company will use the capital for strengthening R&D, product development and strengthening distribution of its products.
Halonix looks to raise Rs 600 cr for expansion
Hong-Kong-based NewQuest Capital, via its NewQuest Asia Investment II, bought the business from Actis for an undisclosed sum in 2016. Before that, Actis bought the general lighting business of Halonix (formerly Phoenix Lamps) for an enterprise value of Rs 160 cr.
YES Bank in talks with Microsoft for stake sale; stock climbs 9%
A Reuters report quoting Mint suggested that Yes Bank is in talks with Microsoft and two other tech firms for a possible stake sale.
Capital for us is for growth: Ravneet Gill, CEO, YES Bank
Over the last two quarters we have reduced our exposure to Indiabulls by 30%, said Gill.
Awaiting RBI nod to raise share capital: YES Bank
In the notice, titled ‘Update on Capital Raising’, the bank said capital raising plans of the bank are on track.
Money ABCL raises will be used as growth capital for health insurance and lending businesses: CEO
As things settle down, India to emerge as a good destination for capital around the world.
Light at the end of the tunnel! Dalal Street showing signs of a rebound
FPI inflows will take the market higher and eventually change the sentiments.
Bank mergers part of a long-drawn cleanup process: Rajiv Kumar, Finance Secretary
"If you look at the merger metric, it is not only consolidation --it is capitalisation."
YES Bank gains on raising Rs 1,930 crore via QIP
The QIP opened on August 9 and closed on August 14, the bank said in a regulatory filing.
Temasek, TrueNorth-CPPIB seek to invest in Biocon Biologics
Eye minority stake in Biocon Biologics; unit may be valued at $4 billion, higher than the market cap of Biocon.
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