On November 27, 2015 16:03 (IST)
Over 30,000 employees of IDBI Bank are on a one-day strike to protest against the government's plans to privatise the lender by creating an Axis Bank-like structure for it.
On November 26, 2015 21:23 (IST)
A section of employees of public sector lender IDBI Bank will strike work on Friday to oppose the government's plan to privatise the troubled lender on the lines of Axis Bank.
On November 24, 2015 21:20 (IST)
The Reserve Bank of India on Tuesday granted in-principle nod to three entities including Axis Bank for setting up of a Trade Receivables Discounting System (TReDS) aimed at improving the flow of funds to the MSME sector by reducing receivables realisation cycles.
On November 11, 2015 18:10 (IST)
The BSE Sensex jumped 0.8 per cent or 200 points, while the broader Nifty advanced nearly 65 points on Muhurat trading session on Wednesday. The one-hour special trading session on Diwali marks the first trading day of the new Samvat or the Hindu new year.
On November 10, 2015 20:36 (IST)
Although, the fund manager did not name the bank, it is fairly evident that he was talking about Axis Bank, whose reported asset quality and net profit in the second quarter masked the underlying stress in its asset quality.
On November 08, 2015 10:38 (IST)
Arundhati Bhattacharya, chairperson of State Bank of India (SBI), remains the most powerful woman in the Indian business sector, according to Fortune India.
On November 03, 2015 17:37 (IST)
Microsoft chief Satya Nadella will meet industry leaders like Mahindra Group Chairman Anand Mahindra, Axis Bank head Shikha Sharma and Tata Starbucks CEO Avani Davda during his one-day visit to India on November 5.
On November 03, 2015 10:53 (IST)
After six days of selling, Mr Bothra expects Nifty to bounce to 8,120 levels in two-three trading sessions. Below are the trading strategies of various stocks which he discussed with NDTV.
On October 30, 2015 21:22 (IST)
Axis Bank on Friday said it has raised Rs 3,000 crore by allotting non-convertible debentures on a private placement basis.
On October 29, 2015 16:05 (IST)
Shares in Axis Bank, India's third largest private lender, have fallen over 10 per cent since the announcement of second quarter numbers on Tuesday. Axis Bank's operational numbers met Street estimates, but the lender's decision to sell standard loans to asset reconstruction companies (ARCs) at steep discounts has not gone down well with the Street...
On October 29, 2015 08:19 (IST)
The Nifty fell for third day in a row on Wednesday. In this week so far, the Nifty has fallen over 120 points and broke crucial psychological level of 8,200.
On October 28, 2015 16:07 (IST)
There are concerns that other lenders, especially ICICI Bank whose loan portfolo is similar to Axis Bank, may report asset-related issues in Q2, analysts say.
On October 28, 2015 13:23 (IST)
BSE Sensex and Nifty struggled today amid weak global markets. The Sensex fell over 250 points to below 27000 levels while Nifty slipped to 8,160.
On October 28, 2015 13:14 (IST)
BSE Sensex and Nifty struggled today amid weak global markets.
On October 28, 2015 12:31 (IST)
Axis Bank was the top Nifty loser, its shares fell as much as 7.56 per cent to hit intraday low of Rs 482.35 as the bank sold two power sector loans worth Rs 1,820 crore at a heavy loss of 64 per cent (Rs 1,170 crore) to asset reconstruction companies, said Nirmal Bang in a note to clients. The private lender is also likely to miss its stressed ass...
On October 28, 2015 09:44 (IST)
BSE Sensex and Nifty struggled today amid weak global markets. The Sensex fell over 150 points while Nifty slipped below crucial 8200 levels.
On October 27, 2015 22:12 (IST)
The government is planning to lower its stake in IDBI Bank as it wants the troubled lender to transform the way Axis Bank has done, Minister of State for Finance Jayant Sinha said on Tuesday.
On October 27, 2015 14:49 (IST)
Shares of Lupin slumped today after the pharma company's Q2 earnings disappointed the Street. Lupin shares fell over 5 per cent to be the top Nifty loser.
On October 27, 2015 14:35 (IST)
Net profit rose to Rs 1,916 crore for the three months to September 30 from Rs 1,611 crore rupees a year earlier, the Mumbai-based bank said in a statement.
On October 27, 2015 08:04 (IST)
The Indian benchmark indices- Sensex and Nifty are likely to open on a weak note tracking losses on the Nifty futures traded on the Singapore Exchange and other Asian peers.