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Top headlines: Yes Bank gets $1.2 bn binding offer, IOC Q2 net slumps 83%

From Yes Bank getting $1.2-bn binding offer from investors to Cognizant's Sept quarter results, here are the top news stories that made headlines today

YES Bank
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BS Web Team
Yes Bank gets $1.2-bn binding offer from global investor

Private lender YES Bank on Thursday said it has received a binding offer from a global investor for an investment of $1.2 billion through fresh issuance of equity shares. The bank, last month, had said that it had received strong interest from multiple foreign as well as domestic private equity and strategic investors for capital raising, and remains firmly on course to raising growth capital subject to the necessary approvals.

Apr-Sept fiscal deficit 92.6% of FY20 estimate

India's fiscal deficit in the six months through September