The second of a three-part series on credit pick-up looks at renewable energy sector, which is facing issues like cancellation of projects and grid curtailment
CDEL currently has a three-member board, including Siddhartha's wife Malavika Hegde and S V Ranganath, a retired bureaucrat who acts as the chairman now
CG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Thapar swindled Rs 3,000 crore from CG Power.
Bank plans to raise $1.75 billion; in talks with five European institutions: Ravneet Gill
The Mumbai-based lender said its board failed to reach a final decision on potential investors at a meeting
Yes Bank Ltd. shares tumbled the most in two months after its board deferred an announcement on new investors, prompting a warning about the risks to the Indian financial system
Brokerages have raised red flags after the private lender was unable to give clarity on its fund raising plans after two board meetings
The stock opened lower on the BSE and slumped further by 19.48% to Rs 40.70 ion day trade
The bank on Tuesday told stock exchanges that it was considering the $500 million offer made by Citax Holdings and Citax Investment Group
Yes Bank needs an arranged match brokered by the RBI, or it's No Bank
Board of directors will continue to evaluate other potential investors to raise capital up to $2 bn
While investors have made decent returns on most deals, they have lost out heavily on three transactions.
The board decided that the final decision regarding allotment to Citax Holdings and Citax Investment Group will follow in the next board meeting, subject to requisite regulatory approval
YES Bank is likely to reject the offer that made up more than half of its planned $2 billion capital raising, and is talking to institutional investors about making up the shortfall, report.
Erwin Braich, the son of a lumber baron from Punjab, has a history including bankruptcy, lawsuits and soured business deals.
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
At a meeting on Tuesday, the board is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
The scrip settled the day at Rs 56 on the BSE, down 9.82%
Moody's downgraded the Bank's long-term foreign currency issuer rating to B2 from Ba3, as potentially stressed assets and low loss-absorbing buffers may add pressure to its funding and liquidity.
Global rating agency says potentially stressed assets and low loss-absorbing buffers may add pressure to the bank's funding and liquidity, and create additional risks to its standalone credit profile