HDFC Bank Hands the Keys to an ICICI Bank Veteran in Its Biggest Bet Since the Merger

Anup Bagchi spent more than three decades helping build India’s second-largest private lender across almost every part of finance. Now he must rebalance the largest one after its giant merger and give... Read more »
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NCLT refuses to hear ICICI Bank’s insolvency plea against Era Infrastructure

In a setback to ICICI Bank, the National Company Law Tribunal (NCLT) has rejected the private lender’s plea to initiate insolvency proceedings against Era Infrastructure (India), citing “duplicacy” of claims. A two-member... Read more »
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Higher expenses drop ICICI Bank Q4 net profit by 5% to ₹969 crore

Private sector lender ICICI Bank reported a 5% drop in net profit to ₹969 crore in the fourth quarter ended March 31, 2019, as a result of higher expenses. This was lower than ₹2,129... Read more »

CBI raids Chanda Kochhar, Videocon’s Venugopal Dhoot’s homes over ICICI-Videocon loan case.

The Enforcement Directorate (ED) has been undertaking searches at premises of former ICICI Bank MD and CEO Chanda Kochhar and Videocon managing director Venugopal Dhoot, entangled in a quid pro quo case.... Read more »

ICICI Bank launches co-branded credit card with Amazon

ICICI Bank, has announced the launch of a co-branded credit card in an exclusive partnership with ‘Amazon Pay’, the online payment platform of the global e-commerce company Amazon. Christened, ‘Amazon Pay ICICI... Read more »

National Investment and Infrastructure Fund (NIIF) secures investments of up to USD 400 million from Temasek

The National Investment and Infrastructure Fund (NIIF) of India is pleased to announce that Temasek, a global investment company headquartered in Singapore, has signed an agreement for investments of up to USD... Read more »

PivotRoots Raises Series A Funding from KCP Capital

PivotRoots, a data and technology-led digital marketing agency, raised an undisclosed amount in its Series A investment from Dubai based KCP Capital. The funds will be used to build proprietary tech and... Read more »

Sensex, Nifty settle at record closing levels

The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — settled at their record closing levels on Monday driven by positive global cues. Earlier in the day, Sensex had... Read more »

Equity indices continue to set fresh benchmarks

Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings. The barometer S&P BSE Sensex breached the 37,500-mark for... Read more »
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Equity indices continue to set fresh benchmarks

Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings. The barometer S&P BSE Sensex breached the 37,500-mark for... Read more »