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Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Finance

15 July, 2022

Yes Bank selects JC Flowers as highest bidder to buy $6 bn bad loans

Yes Bank Ltd's board has chosen JC Flowers Asset Reconstruction Co (JCF ARC) as the highest bidder to become the ......

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

General

07 July, 2020

Grapevine: Byju's eyes WhiteHat Jr; SoftBank to exit SBG Cleantech

Learning app Byju’s has expressed its interest to acquire WhiteHat Jr, a new startup focusing on coding for school students ......

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

General

23 March, 2020

Grapevine: Carlyle, Brookfield, Tilden Park Capital may eye Yes Bank

Troubled private sector lender Yes Bank may attract interest from a clutch of foreign investors as part of a massive ......

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

General

12 March, 2020

Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds

German lender Deutsche Bank has backed out from bidding for embattled Dewan Housing Finance Corp. Ltd, citing clash of interests, ......

Nifty, Sensex take negative turn after two new cases of coronavirus

Markets

02 March, 2020

Nifty, Sensex take negative turn after two new cases of coronavirus

Indian shares gave up early gains to settle lower for a seventh straight session on Monday, rocked by fears the ......

Sensex, Nifty fall as banks drag on telecom exposure

Markets

17 February, 2020

Sensex, Nifty fall as banks drag on telecom exposure

Indian shares fell on Monday, dragged down by bank shares on worries over exposure to telecom firms, while energy stocks ......

Nifty, Sensex finish the week with 0.8% gains

Markets

17 January, 2020

Nifty, Sensex finish the week with 0.8% gains

Indian shares ended little changed on Friday as losses in telecom and banking stocks offset strength in conglomerate Reliance Industries ......

Sensex, Nifty rally loses steam ahead of US-China trade deal

Markets

15 January, 2020

Sensex, Nifty rally loses steam ahead of US-China trade deal

Indian shares snapped a four-day gaining streak on Wednesday after a top US official said tariffs on Chinese goods would ......

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

General

15 January, 2020

Grapevine: UV ARC, Jio top bidders for RCom assets; Advent, Kedaara eye Sequent

UV Asset Reconstruction Company Ltd has emerged as the highest bidder for Reliance Communications (RCom) and Reliance Telecom Ltd with ......