On February 18, 2015 16:13 (IST)
Driven by higher fund mobilisation by PFC and REC, capital raised by Indian companies through corporate bonds on private placement basis surged by 40 per cent to Rs 2.67 lakh crore in the first nine months of the current fiscal year.
On February 11, 2015 21:47 (IST)
The other merchant bankers appointed for the share sale are Citi, SBI Caps, Axis Bank, JM Financial, ICICI Securities and Kotak Mahindra Bank, sources added.
On February 07, 2015 18:44 (IST)
Axis Bank is to seek shareholders' approval to raise up to Rs 15,000 crore
On February 04, 2015 16:24 (IST)
The broader Nifty which made a gap up opening came under pressure as heavyweight stocks like Axis Bank, BHEL, State Bank of India, Larsen & Toubro, TCS and IDFC fell prey to selling.
On February 04, 2015 17:08 (IST)
The sharp run up in shares sent Axis Bank's valuations higher. An analyst with a top brokerage said Axis Bank traded at a 15 per cent premium to ICICI Bank's valuation, which has never happened before.
On February 03, 2015 09:32 (IST)
The broader Nifty also gained 30 points ahead of the key event led by buying visible in the banking heavyweights like State Bank of India, Punjab National Bank, ICICI Bank and Axis Bank.
On February 02, 2015 14:44 (IST)
The banking stocks which were under pressure since early trade rebounded from the low levels on hopes of a rate cut by the Reserve Bank of India. NSE banking index Bank Nifty was quoting higher by 0.4 per cent.
On January 29, 2015 23:37 (IST)
As the deadline approaches for applying for niche bank licences, telecom major Bharti Airtel said on Thursday that it will apply for setting up a payment bank while SKS Microfinance will seek permit for a small finance bank.
On January 19, 2015 16:18 (IST)
Hindustan Unilever shares slumped after the consumer goods maker reported a 3 per cent rise in volume growth during the December quarter. Analysts had estimated volumes to grow by 6 per cent year-on-year. HUL ended 5 per cent lower at Rs 893.70 and w...
On January 19, 2015 14:17 (IST)
Wipro rose as much as 7.8 per cent after the country's third-largest IT services exporter on Friday reported better-than-expected growth in December-quarter net profit.
On January 16, 2015 16:17 (IST)
Banks witnessed some profit booking today after Thursday's rally. PNB fell 2.43 per cent, while SBI shed 1.64 per cent. However, Axis Bank, which reported in-line earnings today closed with minor gains of 0.09 per cent.
On January 16, 2015 13:29 (IST)
Infrastructure shares gained with Larsen & Toubro adding nearly 2 per cent as the rate cut is expected to lower borrowing costs and help growth. Bharat Heavy Electricals gained 1.25 per cent.
On January 16, 2015 12:30 (IST)
Axis Bank reported stable asset quality sequentially. Its gross non-performing assets stood at 1.34 per cent of total advances in the December quarter against estimates of 1.3 per cent.
On January 15, 2015 13:41 (IST)
The Bank Nifty was up over 3 per cent after making a fresh 52-high of 19,410.40 earlier in the day. The rate cut by RBI will help a revival in the credit cycle and also banks will have mark-to-market gain on their bond portfolio, which will boost the...
On January 11, 2015 11:50 (IST)
Third quarter earnings from blue-chips like Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL) and Wipro and key macro-economic data - IIP and inflation - would dictate the trend on the bourses in the week starting January 12, say analyst...
On January 03, 2015 18:47 (IST)
Employees and officers of ING Vysya Bank have expressed concerns over their future after the merger with Kotak Mahindra Bank which will come into effect from April 1, 2015.
On January 02, 2015 16:05 (IST)
On hopes of faster reforms in the sector, banking stocks index, Bank Nifty, rose as much as 1.94 per cent to a record high of 19,113.50, surpassing the previous peak of 18,923.60 hit on December 23.