Axis Bank said on Wednesday that it has completed its acquisition of Citibank’s India consumer and non-banking finance businesses. The deal, announced in March 2022, has been closed for a cash consideration of $1.41 billion (Rs 11,630 crore) in one of the largest deals in the Indian financial services space. The acquisition will help Axis […]
Stock Market LIVE Today: Sensex, Nifty50 turn flat amid volatile trade
Stock Market LIVE Today: Indian equity benchmarks Sensex and Nifty50 made a muted start on Tuesday, amid cautious gains across global markets as concerns persist among investors about aggressive hikes in interest rates. Investors await a key India GDP data due on Tuesday evening for domestic cues. All of the Adani group stocks continued to […]
Adani Group’s market cap now at ₹7 lakh crore; 9 group stocks in the red
The selloff in billionaire Gautam Adani-led conglomerate`s stocks deepened on Monday because the institution’s overall marketplace capitalisation or m-cap is now at ₹7.15 lakh crore, down sixty three in line with cent over ₹19.19 lakh crore as on 24 January amid a broader decline withinside the inventory marketplace. Adani’s empire, which spans from sea ports […]