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Private sector lender Axis Bank on Tuesday failed to meet street expectations as it reported higher slippages and had higher write-offs during Q1FY20.

Axis Bank to raise up to Rs 4,175 crore via NCDs

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

30 Jan 2020 6:44 AM

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.

Govt likely to fund some USD 28 bn of expenditure via off-budget...

India's committed spending, excluding capital spending, could be targeted at near 27 trillion rupees for the next fiscal...

24 Jan 2020 5:20 AM

Representational Image. (AFP)

France calls foul as Sanofi announce that US will get virus vaccine...

Sanofi sparked controversy after announcing that US patients would get their vaccine first as US government was helping...

14 May 2020 11:14 AM

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI may raise Rs 12,000 crore overseas for PFC's REC buy

The bank has been favoured due to its ability to raise large amount of funds.

24 Dec 2018 4:48 AM

Mutual Funds

Mutual funds' asset base rises 8 pc to Rs 24 lakh crore till Nov-end

The total asset base of all the fund houses put together was Rs 22.79 lakh crore in November last year.

7 Dec 2018 9:57 AM

Prime Minister Narendra Modi addresses a rally in Bidar. (Photo: Twitter/@BJP4India)

Govt has eased norms, provided funds to promote startups: PM Modi

Adequate capital, courage and connecting with people are required for excelling in the startup sector.

6 Jun 2018 5:41 AM

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Preposterous to claim USD 75 billion FPI funds will move out of India:...

Some FPIs are believed to have earlier expressed concerns over the proposed changes in rules.

4 Sept 2018 4:45 AM

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Inflows from small towns push MF assets to sniff at Rs 20 trillion

Investors pumped Rs 63,504 crore into mutual funds in July with income, equity.

14 Aug 2017 2:05 PM

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)

Ola raises Rs 231 crore from Tekne Private Ventures

Company ran up a consolidated loss of over Rs 2,311 crore about Rs 6 crore a day during 2015-16.

11 Aug 2017 4:14 AM

Bill to fund waterways from CRF in Monsoon Session: Gadkari

IWAI also has planned to undertake work on the development of 24 NWs during the next three years.

16 July 2017 7:26 AM

In an accelerated growth scenario, mining can generate an additional 6-8 million jobs

Rs 115 crore meant for infra projects in mining belt lying unused

As per the SC directives, mining firms have to contribute 30 per cent of royalty to a special fund created by the govt.

5 May 2017 12:20 PM

ousted Tata Group Chairman Cyrus Mistry

Tata Sons hits back at Mistry's allegations in AirAsia case

Tata Sons also said Cyrus Mistry's allegations and actions since his ouster has been hurting the group.

5 July 2017 2:27 PM