Tuesday, May 26, 2020 | Last Update : 06:49 AM IST

62nd Day Of Lockdown

Total Cases

138,536

7,111

57,692

3,283

4,024

156

Maharashtra50231146001635 Tamil Nadu162778324112 Gujarat140636412858 Delhi134186540261 Rajasthan70283848163 Madhya Pradesh66653408290 Uttar Pradesh62683538161 West Bengal36671339272 Andhra Pradesh2780184156 Bihar257470211 Karnataka208965442 Punjab2060189840 Telangana1854109253 Jammu and Kashmir162180921 Odisha13365507 Haryana118476516 Kerala8485206 Assam393584 Jharkhand3701484 Uttarakhand317583 Chandigarh2621794 Chhatisgarh252640 Himachal Pradesh203594 Tripura1941650 Goa66160 Puducherry41120 Manipur3220 Meghalaya14121 Arunachal Pradesh210 Mizoram110 Sikkim100

axis bank

axis bank

Axis Bank shares drop over 6 pc after Q4 net loss. (PTI Photo)

Axis Bank shares drop over 6% on Rs 1,387.78 crore loss

The private sector lender had reported a net profit of Rs 1,505.06 crore in the same quarter of the previous financial year

29 Apr 2020 1:01 PM

Representative Image (Twitter)

IDFC First to invest Rs 250 cr in Yes Bank

Union Cabinet approved a reconstruction plan proposed by the RBI for bailing out fund-starved Yes Bank

15 Mar 2020 4:01 PM

The shares of Axis Bank were trading at Rs 729.80 a piece on BSE, down 0.75 per cent from the previous close.

Axis Bank to raise up to Rs 4,175 crore via NCDs

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

30 Jan 2020 12:14 PM

Axis Bank has initiated insolvency process against its subsidiary Vidarbha Industries Power Ltd for a claim of Rs 553.28 crore.

Axis Bank files insolvency plea against RPower arm

The company is engaged with all its lenders to arrive at a suitable resolution outside CIRP.

22 Jan 2020 9:19 AM

The Shiv Sena-ruled Thane Municipal Corporation has decided to shift its salary accounts from Axis Bank to a nationalised bank, an official said. (Photo: File)

Sena-Amruta Fadnavis duel: Civic body to shift Axis bank account to nationalised bank

Responding to the row, Devendra Fadnavis said some political workers stooped very low to troll his wife.

27 Dec 2019 11:11 AM

I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, I'm looking forward to best in class quality but strong Indian owned and controlled financial sector and while we must attract foreign capital, we must ensure that there is no colonialisation of Indian finance, Uday Kotak said. (Photo: File)

'Kotak Mahindra Bank best suited to acquire Yes Bank'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish Kumar.

17 Dec 2019 1:48 PM

The bank in verifying the claim of Mr Kumar contacted the administration of Apollo Hospitals who said they were ignorant of any such account and they lodged a complaint with the Banjara Hills police station on Tuesday evening.

Hyderabad: Fraudster uses dengue scare to extract money

The hospital has told people not to fall prey to fake appeals in the name of Apollo Hospitals on social media or any other platform.

18 Sep 2019 1:03 AM

Finance Minister Nirmala Sitharaman talked about issues related to the increase in public shareholding in listed companies from 25 per cent to 30 per cent as well as levy of surcharge on super rich.

Bankers agree to take steps to review interest rates: FinMin

Banks need to commensurately transmit rate cut benefit in lending, said an official release.

05 Aug 2019 8:25 PM

Non interest income which comprises of fee, trading profit and miscellaneous income rose 32 per cent to Rs 3,869 crore for the June quarter.

Axis Bank numbers disappoint Street

Lender reports higher slippages, write-offs.

31 Jul 2019 2:52 AM

Heavy selling by foreign portfolio investors is likely to keep market sentiment down, as Rs 1,503.26 crore worth of equities were sold on Friday. However, analyst said a bounce back is likely with technical indicators showing that the market is currently oversold. (Representational Image)

Earnings to decide moves

For the next week, the stocks of the pharma sector could show positive moves while metal is expected to remain weak: Tiwari.

29 Jul 2019 2:31 AM

The Board of Directors of the bank approved the proposal in this regard in the meeting held Saturday.

Axis Bank to raise Rs 18,000 crore through equity shares

The bank is one of the worst-affected private lenders after the Reserve Bank's asset quality review.

20 Jul 2019 5:18 PM

The new Axis Bank credit card comes with a slew of benefits, including a 1.5 per cent cashback on every purchase, and up to 5 per cent cashback for merchant shopping, including on Flipkart and on its sister concerns like Myntra.

Axis Bank launches co-branded credit card with Flipkart, eyes 1 million new sales

The bank has 6.17 million credit cards in use, making it the fourth largest issuer in the country.

11 Jul 2019 7:55 PM

In 2011, Axis Bank acquired 4 per cent stake in Max Life for an undisclosed value.

No proposal with Irdai for 10 per cent stake sale in Max Life to Axis bank: MFS

During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.

09 Jul 2019 3:37 PM

The country’s third-largest private sector lender, led by Chief Executive Officer Amitabh Chaudhry, is talking to potential advisers about the fund-raising, according to the people.

Axis Bank mulls $1.3 billion share sale

The deal would help the Mumbai-based lender enhance risk buffers and support loan growth.

28 Jun 2019 1:52 AM

Fitch further said ICICI Bank's core capitalisation is higher than most other Indian banks’ but within the current operating environment poses only a moderate buffer against risks. (Representional Image)

Fitch cuts ICICI, Axis Bank rating

BB rating indicates speculative grade and BBB poi-nts to good credit quality.

04 Jun 2019 2:51 AM

A big push to get banks and brokerages into Gujarat International Finance Tec (GIFT) City remains far short of expectations.

India's jobs deficit: Project in Gujarat struggling to create employment

GIFT City supports only 9,000 jobs and only about 3 million of its 62 million square feet of planned development have been built.

25 May 2019 6:15 PM

According to ED, accused Mohit Garg, Nitin Gupta, and Rajeev Singh Kushwaha used to collect demonetised form of currency from different persons and deposited them into the account of shell firms/ companies operated by Rajeev Singh Kushwaha.

ED attaches property worth over Rs 2 crore in Axis Bank demonetisation case

According to officials Mohit Garg and Rajeev Singh Kushwaha illegally earned a commission at 15 pc of total amount deposited.

13 May 2019 7:49 PM

The gang managed to divert attention of the security guard Nagendra by dropping a few currency notes and simultaneously flicked the box containing the cash and fled in an auto, said the police. (Representional Image)

Hyderabad: Gang of five robs Rs 59 lakh from ATM van on National Highway 65

The incident took place around 10.30 am.

08 May 2019 1:18 AM

The one-month discount offer, provided on the occasion of extending usage of the card to private bus platform, ended on April three. (Representational Image)

Bus operators want Kochi 1 Card service charges cut by half

Out of the 1000 bus operators only 80 have joined it now while only 20 are actually using it.

10 Apr 2019 3:04 AM

After IT companies, the market will be keenly watching the performance of banks, as share prices of private banks have already shot up, anticipating good performance in the just ended quarter.

Analysts see better results from banks

IT sector companies’ revenue and profit growth could vary with company for the fourth quarter, analysts said.

08 Apr 2019 12:45 AM

1 of 6

ADVERTISEMENT

MOST POPULAR

Don’t let Big Tech turn the world into a China, Noam Chomsky warns

Noam Chomsky speaking at the International Forum for Emancipation and Equality in Buenos Aires, Argentina, on March 12, 2015. The conference was organized by the Argentinian Ministry of Culture of the Nation through the Secretariat of Strategic Coordination for National Thought. (Photo | Wikimedia Commons - Augusto Starita)

No one wants a boring basement concert, so musicians take avatars on gaming platforms

n this file photo 11-year-old Ansel plays Fortnite featuring Travis Scott Presents: Astronomical on April 23, 2020 in South Pasadena, California. With concerts on hold to halt coronavirus spread, the gaming world is increasingly catering to music lovers, with artists becoming animated performers in virtual realms to the trippy delight of millions. (Photo | AFP)

Taiwan has just 65 active, 440 total COVID-19 cases despite proximity to China. How?

In this image made from a video, Taiwan's Health Minister Chen Shih-chung speaks of the country's successful model in combating COVID-19 at a press conference in Taipei, Taiwan Wednesday, May 6, 2020. Taiwan. The minister, a doctor and former director of Taipei Medical University, held daily briefings, keeping the public informed and aware. With an approval rating of 91%, he has become the country’s most popular politician, even more than President Tsai ing-wen. (Photo | AP)

MS Dhoni’s new look shocks fans

MS Dhoni with daughter Ziva

'My uncle died Covid positive. But his death was not listed as a Covid death. Why?'

Representative photo. (AFP)

Wanna know what the deal is with Bitcoin? Get your geek on, here's an explainer

In this file photo taken on March 19, 2018 a technician inspects bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec. (Photo | AFP)

ADVERTISEMENT

ADVERTISEMENT

Lifestyle Gallery

Without fail every morning, an orderly (please don't call them ward boy) came by to change my bed clothes. (DC Photo: Rajesh Jadhav)

My life in Covid-19 quarantine

Having made Mumbai’s streets his canvas and DSLR camera his paintbrush, photographer Star Udyawar’s narration of everyday life in the maximum city is riveting. As can be seen in his various portrayals of the city like the historic Chhatrapati Shivaji Terminus (CST), Dhobi Ghat with its colourful backdrop, and the famous Sea-link. For Udyawar, perspective is key as it defines the in-depth relationship between the objects in a picture along with the dimensions that a viewer perceives.

Framing the Mundane

A model walks the runway at the Pamella Roland fashion show during New Yo)rk Fashion Week at Pier 59 Studios on February 7, 2020 in New York City. (AFP

The best pictures from New York Fashion Week

T K Sandeep is a photographer whose work consists of moody video poems and photo poems. One of his recent projects was a calendar in which he got hijras and transgenders in Kerala to tell him their dream professions, and then he photographed them dressed as those professionals.

A selection of photographer TK Sandeep's work

The dress featured a fairly simple silhouette with a plunging neckline. But the drama is brought by the feathered veil/cape element. It also had a bow at the neck for added drama. (Photo: AP)

Valentino fashionably interprets A Midsummer's Night Dream

A man sports a colourful headgear with traditional motifs. (Photo: AP)

India gears up for Navratri

ADVERTISEMENT