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Yes Bank shares edge higher as twin disclosures signal Rs.621 crore inflow

New Delhi, Oct. 1 -- Shares of Yes Bank were trading marginally higher on Thursday morning, gaining 0.43 per cent to Rs.21.04 as of 10.19 am, after the private sector lender filed two material disclos... Read More


Mahindra, Embraer pick Nagpur for C-390 assembly line

New Delhi, Oct. 1 -- The Mahindra Group and Embraer have identified Nagpur as the preferred location for a potential final assembly line for the C-390 Millennium military transport aircraft, subject t... Read More


Anup Saha to be next MD & CEO of Kotak Mahindra Bank

New Delhi, Oct. 1 -- Kotak Mahindra Bank on Thursday said the Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as its Managing Director and Chief Executive Officer for a thr... Read More


India's fund managers turn to fixed income as rate cycle shifts

New Delhi, Oct. 1 -- Fixed income is gaining renewed attention among Indian investors as rising yields and strong corporate credit create a more favourable entry point, according to fund managers spea... Read More


ASK Investment Managers to acquire SageOne in Rs.2,000 crore deal

New Delhi, Oct. 1 -- ASK Investment Managers (ASK IM) announced on Wednesday that it has signed definitive agreements to acquire SageOne Investment Managers, an asset management firm operating across ... Read More


RBI set for 50-75 bps rate hike as Rupee, Oil and Global risks mount, says Bandhan Life

New Delhi, Oct. 1 -- The Reserve Bank of India may raise its policy repo rate by 50-75 basis points in the current cycle, driven by domestic inflation, liquidity conditions and financial stability con... Read More


ACKO launches three new products aimed at pre-emptive customer protection

New Delhi, Oct. 1 -- India's direct-to-consumer insurer ACKO announced three new offerings, DriveCam, ACKO Clinic, and AirPass, spanning motor, health, and travel insurance, built around intervening b... Read More


Institutional investors pick up Honasa shares in Rs.643-crore block deal, shares in red

New Delhi, Oct. 1 -- Shares of Honasa Consumer changed hands in a block deal worth approximately Rs.643 crore, with Franklin Templeton Mutual Fund and ICICI Prudential Life Insurance among the buyers.... Read More


Religare's former chairperson Rashmi Saluja seeks extension in SAT matter; next hearing on October 9

New Delhi, Oct. 1 -- Former Religare Enterprises executive chairperson Rashmi Saluja has sought additional time before the Securities Appellate Tribunal (SAT) in her appeal against a SEBI insider-trad... Read More


Infosys shares recover from 52-week low after ABN AMRO deal extension

New Delhi, Oct. 1 -- Shares of Infosys were trading higher on Thursday, recovering from a 52-week low hit just a day earlier, after the IT major announced an extension of its strategic collaboration w... Read More