New Delhi: The suspended board of debt-laden Jaiprakash Associates has moved the appellate tribunal NCLAT, challenging last week's NCLT order directing it to initiate insolvency proceedings against the company.The petition was listed before a vacation bench of the National Company Law...
New Delhi: Eight of the 10 most valued domestic companies added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners.In an eventful week, the BSE benchmark jumped 2,732.05...
The company said Cleartrip will give Adani One users access to over three lakh routes and over 10 lakh bus connections from private operators and state transport buses.Adani One's association with Cleartrip extends to multiple offerings including flights and hotels, further enriching the...
New Delhi [India], Financial markets regulator Securities and Exchange Board of India (SEBI) on Thursday issued an administrative alert on the outreach done by ICICI Bank regarding delisting of equity shares of ICICI Securities.In late March this year, ICICI Securities secured the required...
The cards offer a range of benefits, including welcome benefits such as free air tickets and premium lounge access, airport privileges such as 'Pranama Meet and Greet Service', porter, valet and premium car parking.The Adani One ICICI Bank Signature Credit Card has an annual fee of Rs 5,000...
Ahmedabad (Gujarat) [India], Adani One and ICICI Bank in collaboration with Visa on Monday launched India's first co-branded credit card with airport-linked benefits.These co-branded credit cards are available in two variants: Adani One ICICI Bank Signature Credit Card and Adani One ICICI...
New Delhi: Adani Group on Monday announced a venture into the financial sector, launching a co-branded credit card with airport-based benefits with ICICI Bank, as it looks to leverage customer touch points across businesses. .The group's Adani One, an app to help users book tickets, check...
New Delhi: The combined market valuation of eight of the top 10 most valued companies declined by Rs 2,08,207.93 crore last week, with giants Reliance Industries, TCS and Infosys taking the biggest hit.While these three companies along with ITC, Life Insurance Corporation (LIC), Hindustan...
New Delhi, S&P Global Ratings on Wednesday revised the outlook of six Indian banks including SBI and ICICI Bank to positive from stable, reflecting rating action on the sovereign.S&P revised the rating outlook on state-owned NTPC, ONGC and Power Grid to positive from stable and affirmed 'BBB-'...
Prayagraj, The Allahabad High Court has directed the chairman of ICICI Bank to personally explain how its officials involved recovery agents in the loan case despite a stay by the apex court.Hearing the plea of Jasminder Chahal and three others, all of whom are ICICI officials, Justice...
New Delhi [India], Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliance with certain directions issued by it. The fine imposed on them is Rs 91 lakh and Rs 1 crore respectively. RBI said in its order that Yes Bank has not complied with 'Customer...
New Delhi: Eight of the top 10 most valued companies added Rs 1,47,935.19 crore to market valuation last week, with Life Insurance Corporation of India (LIC) and Reliance Industries emerging as the biggest gainers.The BSE benchmark rose 1,341.47 points or 1.84 per cent last week.The National...
Mumbai, Veteran banker N Vaghul died on Saturday afternoon due to health complications. He was 88 years old.Vaghul, who held several leadership positions in the banking industry, is credited with transforming ICICI from a public finance institution into a private sector bank during his 11-year...
Mumbai: Benchmark equity indices Sensex and Nifty surged dramatically and closed higher on Monday following buying in HDFC Bank, ICICI Bank and Tat Consultancy Services.Recovering from early lows, the 30-share BSE Sensex closed 111.6 points or 0.15 per cent higher at 72,776.13. The index...
New Delhi: The combined market valuation of six of the top 10 most valued firms declined by Rs 1,73,097.59 crore last week, with HDFC Bank and Life Insurance Corporation of India taking the biggest hit in line with weak equities.Last week, the BSE benchmark fell 1,213.68 points or 1.64 per...
In an exchange filing, ICICI Bank said Bhaskar was part of the senior management personnel group and his resignation has been accepted.In his resignation letter, Bhaskar said that his decision was "based on purely personal reasons to pursue opportunities outside the bank".Bhaskar has been...
New Delhi, Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday sold shares of ICICI Lombard General Insurance Company for Rs 663 crore through an open market transaction.Axis Mutual Fund (MF), Aditya Birla Sun Life MF, Invesco MF, Morgan Stanley ASI Singapore, Societe Generale, Goldman...
New Delhi, Fitch Ratings on Thursday affirmed the ratings of Axis Bank and ICIC Bank with stable outlook citing supportive operating environment and large domestic franchise.Fitch Ratings has maintained the long-term issuer default ratings (IDRs) of India-based Axis Bank and ICICI Bank at...
New Delhi, Aadhar Housing Finance Ltd, backed by private equity major Blackstone, on Tuesday said it has raised Rs 898 crore from anchor investors, a day ahead of the launch of its initial public offering (IPO).According to a circular uploaded on the BSE website, the company has decided to...
Mumbai: HDFC Bank, Reliance Industries and ICICI Bank led equity benchmark indices Sensex and Nifty on Tuesday amid concerns over rich valuations of equities.Giving up all its early gains, the 30-share BSE Sensex closed at 73,511.85, down 383.69 points or 0.52 per cent. During the day, it fell...