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Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

 Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic......

Citi joins list of foreign banks scaling down India ops

 Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Photograph: Chris Helgren/Reuters Mumbai-based Axis Bank completed acquisition of......

Adani speaks: Interest of my investors is paramount

 Once the market stabilises, we will review our capital market strategy, says the embattled Gautam Adani. Gautam Adani addresses investors after the withdrawal of the fully subscribed FPO.......

Time For RBI To Change Penalty Rules

 Penalty must act as a deterrent.If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay. Photograph: PTI......

Govt mulls permitting foreign investment in LIC

 The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

FIFA scandal: Banks did not do enough, says global agency

 Activists from advocacy group Avaaz demonstrate near the Hallenstadion, in Zurich. Photograph: Arnd Wiegmann/Reuters A global group of government anti-money-laundering agencies said that financial......

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World Test Championship 2023

 India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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 Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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