Madhu Kapur holds 14 crore or 1.12 per cent shares while another investor Mags Finvest holds 3.72 crore or 0.3 per cent shares in Yes Bank; the announcement by Madhu Kapur group ends years-long controversial battle for greater control over the bank

The blastoff from Kennedy Space Center in Florida also assumes significance as it marks the launch of humans into orbit from US soil for the first time in nearly a decade

Impetus, similar to what was given to IT sector in its earlier early days, needs to be extended to healthcare industry so it can grow in a similarly vigorous fashion, says Apollo Hospitals' Suneeta Reddy and Biocon's Kiran Mazumdar-Shaw

The announcement comes after the Reserve Bank of India extended moratorium on equated monthly instalments (EMIs) of loans by three months till August 31, 2020

West Bengal became the second state to throw open the doors of the shrines for devotees after Karnataka, which has sought permission from the Centre to reopen religious places from Monday

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

Initial claims for state unemployment benefits fell 323,000 to a seasonally adjusted 2.123 million for the week ended May 23, the Labor Department said

Prime Minister Narendra Modi has maintained the lockdown ordered on March 25 to curb the spread of Covid-19 in the world's second most populous country, though many restrictions were eased for manufacturing, transport and other services from May 18

The mining sector output growth de-accelerated from 1.7 per cent to 1.1 per cent during the period and the manufacturing sector output contracted during Apr-March' 20, for the first time in at least five years

Earlier this week, Fitch Ratings and Crisil, too, projected a 5 per cent contraction for the Indian economy

Coronavirus update: The survey, carried out among 50 private laboratories across 13 states, indicated that while the public sector is running at near full capacity, the private sector is being utilised only at 25-30 per cent

Bank enjoys highest price to book value of 4.75 times; largest private bank, HDFC Bank, gets 2.90 times followed by ICICI Bank (1.77 times) and Axis Bank with 1.29 times the book

Share price of  Axis Bank which stood at Rs 336.95 on May 22 hit an intra day high of Rs 407.25 today, amounting to return of 20.86% in three consecutive sessions

A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies, which have also changed their outlook on the banking sector to negative

Stock Market LIVE Updates: Ceat, Agro Tech Foods, Daawat, Federal Bank, Lupin, Muthoot Finance, Radico, TVS Motors, Wendt among others will announce will be reporting their quarterly results today.

In a letter to Tourism Minister Prahlad Singh Patel, FAITH Chairman Nakul Anand has said that viable tourism business will not restart for almost 15 months after the lockdown is lifted

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning

The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020

Share price of Kotak Mahindra Bank rose up to 7.81% to  Rs 1,242.55 compared to the previous close of Rs 1,152 on BSE