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Lower provisioning and recoveries boost Axis, Kotak and IDBI profit in Q1; YES Bank bucks the trend

New Delhi, July 18 -- Axis Bank reported a better-than-expected June quarter, with net profit rising 22.5 per cent year-on-year to Rs.7,114 crore. The growth was aided by a sharp 44 per cent decline i... Read More


NSE IPO set to deliver massive returns for legacy shareholders

New Delhi, June 18 -- Half of the National Stock Exchange's (NSE's) oldest institutional investors are set to unlock sizable gains through the exchange's proposed initial public offering (IPO), with t... Read More


Markets gain on West-Asia ceasefire hopes; oil slides

New Delhi, June 15 -- Indian markets gained sharply on Monday after early signs of easing geopolitical tensions in West Asia lifted investor sentiment, though analysts cautioned that the upside may re... Read More