Alexander Sazonov
Bloomberg / Updated: Jun 18, 2021, 07:59 IST
NEW DELHI: Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks.
The 58-year-old tycoon has lost more money this week than...
BY SALIL PANCHAL, NEHA BOTHRA, 8 min read PUBLISHED: Mar 24, 2022 11:17:01 AM IST UPDATED: Mar 24, 2022 11:46:09 AM IST
These temporary restrictions will be lifted after the RBI is satisfied with necessary compliance on the part of the private sector lender.
The Wire Staff BANKING 23 HOURS AGO
New Delhi: In what is likely an unprecedented move, the Reserve Bank of India (RBI) appears to have taken HDFC Bank to task...
Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector," said Hemindra Hazari, a banking
analyst in Mumbai
Advait Palepu Mumbai 11 January 2022
By energy reporter Daniel Mercer
Tim Buckley has spent much of his career in finance traversing the proverbial energy landscape.
For much of that time since 2010, those travels have taken him to India, where eye-watering sums of money are being spent energising a country trying to lift more than a billion...
Chloe Cornish
The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.
