Though stock gained over 6%, Q4 numbers gave investors nothing to cheer about
The plan to raise up to Rs 15,000 crore is very much on. We have identified six merchant bankers for the process and are waiting for the Q4 results to be out, YES Bank's MD said
All that happened in the markets today
The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review
Hindustan Unilever will be in focus today as UK-based GSK will offload shares worth Rs 26,000 crore in the FMGC major
The lender had psoted a pre-tax loss of Rs 2,338.31 crore in the same quarter of previous financial year
Charge sheet filed against YES Bank co-founder
A dozen ventures remain mostly shuttered
All that happened in the markets today
This would be the first quarterly result after eight private financial institutions picked up stake in it under the Reserve Bank of India-initiated restructuring scheme
Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers
This would be a good time to change the 20-25 rule to 50-5 or 50-10
This week, a total of 17 companies are scheduled to announce their quarterly earnings which includes HCL Technologies, Kansai Nerloac Paints, and YES Bank among others
Dhawan will assume charge from Saturday in place of Ashish Agarwal, the current chief risk officer, who will be transitioning to a new role in the bank
In a Q&A, the MD and CEO of Max Life says as a shareholder, Axis will now focus more on pushing high-margin products such as protection, which Indian customers also need
Banks had issued these bonds as additional tier 1 (AT1) bonds to raise capital in the past
Banks need sovereign support to lend to non-AAA borrowers in the wake of the Franklin crisis
The duo was arrested on Sunday from a Mahabaleshwar-based quarantine facility, nearly 50 days after they were booked in the case also involving YES Bank CEO Rana Kapoor
What went wrong? Is there a systemic flaw? Is there a role for the regulator here? Can this happen again? What should you do to avoid such accidents?
ARN is a unique code allotted to intermediaries by the Association of Mutual Funds in India (Amfi)