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Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day

Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…

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Southwest is leaving 4 cities this year as it deals with Boeing's 737 Max crisis see the list

Southwest said it expected to receive just 20 Boeing 737 Max 8 jets this year, forcing it to leave …

Taylor Rains   


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3 mins read

Maximum city's max land deal: Bombay Dyeing to sell 22-acre plot to Sumitomo for Rs 5,200 cr

In one of the biggest land deals in the financial capital, Wadias-run Bombay Dyeing on Wednesday an…

PTI   


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Sensex, Nifty close higher in volatile trade; RIL gains after mega-merger deal

The broader Nifty of NSE gained 31.65 points or 0.14 per cent to close at 21,982.80. Among S…

PTI   


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BSE-listed firms' market valuation hits all-time high of Rs 315 lakh crore

The market capitalisation of BSE-listed firms reached an all-time high of Rs 315 lakh crore on Mond…

PTI   


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6 mins read

Boeing's quality control process and company culture are being heavily scrutinized after the 737 Max Flight 1282 blowout

Boeing's company culture shifted to prioritize finances following a merger. Past issues with the 73…

Pete Syme   


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4 mins read

Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender

During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…

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1 min read

Here's how Max Financial deal with Axis Bank will benefit both companies

Axis Bank has agreed to exclusively sell Max Life Insurance policies and this is expected to be a b…

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4 mins read

The Boeing 737 Max blowout has sparked a rare wave of public criticism from airline CEOs and the FAA, with harsh words flying about its quality control

The Alaska Airlines blowout prompted the CEOs of United, Alaska, Emirates, and Ryanair to criticize…

Pete Syme   


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Axis Bank trims its investment in Max Life Insurance from 30% to 18%

“Axis Bank now proposes to acquire 17.002% of the equity share capital of Max Life, resulting in…

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Air India acquires country’s first Airbus A350-900 via GIFT IFSC

Tata-owned Air India has acquired the country’s first Airbus A350-900 via aircraft through a financ…

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1 min read

Axis Bank, Max Financial Services gain on stake deal

"This is an outcome of the inter-se discussions after the three companies had signed a confidential…

PTI   


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4 mins read

Axis Bank may soon become the third largest credit card player after HDFC Bank and SBI post the Citibank deal

$AXISBANK.NSESetup - Larger degree wave 2 seems over✅ Looking for wave 1 of (3) should unfold✅ Pric…

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Pete Syme   


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MFs add HDFC, Reliance Industries, KFin Tech, Sula Vineyards in December

In December, mutual funds deployed ₹14,700 crore in the secondary market while foreign institutiona…

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3 mins read

Future Retail's independent directors haved turned down Amazon's financial support offer

FRL's independent directors had last week asked Amazon if the e-commerce giant was willing to gi…

PTI   


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7 mins read

PE inflows into Mumbai realty drop sharply, NCR emerges as top favourite in 9MFY23: Anarock

Private equity firms pumped in $3.4 billion into Indian real estate in the first nine months of…

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2 mins read

Axis Bank finalises Max Life Insurance investment and is closer to raising more funds

India’s third-largest public sector lender has finalised its deal to acquire one-third of Max Life …

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3 mins read

Lucia Moses   


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Axis Bank's stocks rise after acquiring Citibank's consumer business in India

The deal is subject to regulatory approvals. Accordingly, the share price of Axis Bank rose t…