Analysts believe the investment by new investor would impart confidence to the Street
YES Bank, however, issued a clarification to the stock exchanges, saying the reports were 'speculative in nature'
From economists cutting their projection of the GDP expansion for 2019-20 to the govt considering more sops and benefits to push electric mobility, here are the top business headlines for Wednesday
According to reports, Kapoor has held preliminary talks with Vijay Shekhar Sharma, founder of One97 Communications
In addition to the tech investor, smaller investors could pump in about $200 million to $250 million, Gill said
From PV sales declining for the 10th straight month to chances that the govt is unlikely to replace the Income Tax Act with the direct tax code, here are the top business headlines for Tuesday
The lender pays Rs 51.6 lakh as settlement charges under so-called consent mechanism; its compliance officer pays another Rs 14.45 lakh as settlement in the same matter
"India Ratings and Research has downgraded Yes Bank Ltd's long-term issuer rating to 'IND A+' from 'IND AA-," the bank said in a BSE filing
Earlier this month, YES Bank had raised Rs 1,930 crore through the Qualified Institution Placement (QIP) route
From the govt easing FDI norms for single-brand retail, digital media, and manufacturing to Synergy Group planning to pick up 49% stake in Jet Airways, here are the top business headlines for Thursday
Moody's said it could change the rating outlook to stable if the private lender adequately provides for its bad assets
Moody's expects the bulk of YES Bank's operating profits to get consumed by loan loss provisions over the next 12-18 months, and thus not support internal capital generation.
The sharp fall in shares of YES Bank has hit several small investors
Coal India, BHEL, Cummins India, Tata Power, SAIL, Reliance Capital, Wockhardt and CG Power were among 31 stocks from BSE500 index that hit 5-year low.
The latest worry for YES Bank stems from a disclosure regarding irregularities and unauthorised transactions at CG Power and Industrial Solution, a company in which YES Bank holds stake
In the last two trading sessions, the stock has shed over 10 per cent with the latest worry stemming from CG Power, a listed company in which YES Bank holds 12.8 per cent stake
CG Power and Industrial Solutions has recognised "unauthorised transactions" and related financial irregularities in the company. YES Bank holds 12.79 per cent stake in CG Power
Categorically terming the round of fund infusion as growth capital, Gill believes that it gives the bank some breathing room to think about how the bank should be recapitalised further
The issue saw a strong response from foreign as well as from domestic QIBs
From govt moving closer to a complete exit from Air India to the grumble of economic slowdown getting louder for corporate India, here are the top business headlines for Friday