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AXIS CAPITAL BANNED
Former Axis cap exec settles insider trading case with sebiAshish Anup Nigam, a former Axis Capital executive director, and Nehal Milan Mehta have resolved an insider trading case with Sebi, paying ...- Sebi proposals likely to curb manipulation in F&O tradesThe Securities and Exchange Board of India proposed new rules to limit manipulation in derivatives trading by changing how outstanding posi...
- Axis Capital to explore legal remedies against Sebi's ban on debt segment bizAxis Capital is exploring legal options against Sebi's order restricting it from new assignments as a merchant banker for the debt segment....
- Sebi bars Axis Capital from debt merchant banking activities until further ordersThe regulator imposed this restriction as a temporary measure after discovering that Axis Capital had essentially guaranteed the redemption...
- Open to probe, regulations will help doing business: Axis My India chief on alleged stock market manipulation through exit pollsFacing scrutiny, Axis My India's Pradeep Gupta supports regulations for pollsters to improve business practices and credibility. Calls dema...
- Asia’s richest banker Uday Kotak loses $1.3 billion after RBI’s banKotak Bank shares tumbled as much as 13% on Thursday after it was barred from adding new customers through its digital channels and from is...
- Axis Bank shares rally 5% after better-than-expected Q4 results. What should investors do?On Thursday, Axis Bank shares surged 5% to reach the day's peak at Rs 1,119, following the company's release of better-than-anticipated res...
- Powell's remark boosts crypto mart; what should be your approach now?The crypto community welcomed Powell's comment, which came as a big sigh of relief for the industry. They expect the development by the wor...
- ICICI Bank plays its cards right to grow market share as ban hurts HDFC BankReserve Bank of India data for April showed that HDFC Bank lost nearly 160 basis points of market share since the end of November 2020, whe...
- Card companies and banks gear up to take advantage of sanctions on market leader HDFC BankHDFC Bank sells at least 2 lakh credit cards every month and has a market share of 26%, followed by SBI cards with a 19% share. ICICI Bank ...
- Ban on dividend payout will help conserve capital, no adverse effect seen"It has been decided that in view of the COVID-19 related economic shock, scheduled commercial banks and cooperative banks shall not make a...
- Macquarie joins bulls on India consumer stocksThe rural economy is recovering after two straights years of good rainfall.
- Top brokerages downgrade ratings on liquor companies after Supreme Court banUnited Spirits fell 5.76 per cent to close at Rs 2,048.30, Radico Khaitan fell 3.09 per cent to close at Rs 133.25 and United Breweries clo...
- PNB, Indian Bank, others gain up to 2% on hopes of higher capital infusionBanking sector is one sector which has been reeling under pressure from a decade low credit offtake and rising non-performing assets (NPAs).
- I-T cell finds Rs 40 crore deposit in banned notes at Delhi bankThe Axis Bank branch and the premises of two of its managers were searched by I-T officials in the last three days and cash and documents w...
- Sensex rises 120 pts, Nifty hits new peak; ITC in limelightGlobal cues were also supportive. Asian and European stocks surged on talk of global monetary stimulus ahead of a ECB policy meeting.
- Axis Bank seeks FIBP nod to up foreign shareholdingAxis Bank today said it has applied to the Foreign Investment Promotion Board (FIPB) to raise its foreign shareholding limit.
- Party’s over, MFs keep NFO launches simpleTough times call for tougher measures. Gone are the days when fund houses threw lavish distributor parties, extensive advertisements and co...
- Cos go slow with bond issuesCompanies have been going slow on bond issues despite investment bankers advising them that borrowing rates may have bottomed out. The dryi...
- Stocks to watch: ICICI Bank,Hero Honda, Jaiprakash AssociatesStocks are likely to see some respite on Monday after a turbulent session last week, propped up by worldwide measures to support markets am...
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