Mumbai (Maharashtra) [India], Oct 31 (ANI): Private sector lender Yes Bank said on Thursday that it has received a 1.2 billion dollar (about Rs 8,520 crore) binding offer for a stake purchase from a global investor, adding it is in advanced talks with other investors.
Ahmedabad (Gujarat) [India], Oct 31 (ANI): Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, said on Thursday it has received a letter of intent from REC Transmission Projects to build, own, operate and maintain a transmission project in
Mumbai (Maharashtra) [India], Oct 26 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs 655 crore in the second quarter of current fiscal (Q2 FY20) due to deferred tax assets adjustment.
Patna (Bihar)/ Bengaluru (Karnataka) [India], Oct 22 (ANI): Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting merger of ten government banks into four.
New Delhi [India], Oct 16 (ANI): Private sector lender Federal Bank on Wednesday reported a healthy 56.7 per cent year-on-year growth in the second quarter profit due to other income and lower tax cost.
Mumbai (Maharashtra) [India], Oct 12 (ANI): Care Ratings has revised the rating of troubled private sector lender Lakshmi Vilas Bank's (LVB's) commercial papers worth Rs 618.7 crore to BB plus with negative outlook from the earlier BBB minus with developing implications.
Mumbai (Maharashtra) [India], Oct 10 (ANI): Higher provisions and slow net interest income growth pulled down IndusInd Bank's profit by 3.4 per cent sequentially during the July to September quarter, the private sector lender said on Thursday.
Mumbai (Maharashtra) [India], Oct 10 (ANI): Private lender Yes Bank on Thursday announced the appointment of Anita Pai as Chief Operating Officer and Jasneet Bachal as Chief Marketing Officer.
New Delhi [India], Oct 10 (ANI): Kiren Rijiju, the Union Minister of Youth Affairs and Sports, on Thursday called for creating a sports culture in the country and also asked the private sector to play an active role in promoting fitness.
Mumbai (Maharashtra), Oct 10 (ANI): The proposed merger of private sector lender Lakshmi Vilas Bank (LVB) with home financier Indiabulls Housing Finance has failed to get approval from the Reserve Bank of India (RBI).
Nagpur (Maharashtra) [India], Oct 8 (ANI): Billionaire industrialist and philanthropist Shiv Nadar said on Tuesday that India's demographic dividend has the potential to become a game-changer with the right education, training and skillsets.
New Delhi [India], Oct 4 (ANI): Defence Minister Rajnath Singh on Friday called for increased and active participation of the private sector in defence manufacturing to achieve the government's target of making the Indian defence industry worth $26 billion by 2025.