ICICI sells Rs 430 cr Kingfisher loan

A debt fund operated by Kolkata-based Srei Infrastructure Finance on Monday said it has bought out the entire exposure of ICICI Bank, worth around Rs 430 crore (Rs 4.3 billion), in the financially......

LVB resolution: RBI delays final merger scheme to next week

The Reserve Bank did not issue the final merger scheme for Lakshmi Vilas Bank (LVB) with DBS India on Friday as stated earlier and is likely to do so only next week, according to a central......

Will Sudhir Valia, Suraksha's 'deal maker' manage to bag Jaypee Infra?

Suraksha started by funding developers for projects, and then evolved into realty angel investing. Dev Chatterjee reports. IMAGE: Suraksha Smart City - Vasai-Virar's biggest township under......

Markets end lower, bank shares weigh

Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.......