SUUTI appoints 3 merchant bankers for its stake sale in Axis

Last Updated: Tuesday, January 21, 2014, 18:09

The share sale will take place through block trade, they added.

JPMorgan, Citigroup picked for Axis Bank stake sale: Sources

Last Updated: Tuesday, January 21, 2014, 16:08

India has chosen JPMorgan Chase & Co, Citigroup Inc and JM Financial Ltd to help sell half of the government`s stake in Axis Bank Ltd valued at USD 925 million, said three people involved in the process.

Axis Bank Q3 net up 19% at Rs 1,604 crore

Last Updated: Thursday, January 16, 2014, 16:13

Private player Axis Bank today reported 19 percent increase in net profit at Rs 1,604 crore for the third quarter ended December 31, 2013-14 fiscal.

Axis MF plans new offerings to drive growth

Last Updated: Monday, January 6, 2014, 17:54

The fund house, which on Monday launched a hybrid product 'Axis Hybrid Fund-Series 8', expects to garner around Rs 300 crore from this new scheme.

Bid to loot cash from ATM foiled in Thane; two arrested

Last Updated: Tuesday, December 31, 2013, 14:00

An attempt to loot cash from an ATM machine of Axis Bank in Manor here was foiled in the wee hours of Tuesday by a night patrol team, which swung into action after noticing some suspicious movement inside the unguarded kiosk, police said.

RBI lifts curbs on purchase of shares in Axis Bank by FIIs

Last Updated: Friday, December 27, 2013, 19:19

The Reserve Bank Friday lifted curbs imposed on purchase of Axis Bank shares by foreign institutional investors (FIIs), post government approval to increase foreign shareholding in the domestic lender.

Axis Bank rises after govt nod for hiking FII limit

Last Updated: Thursday, December 26, 2013, 17:54

Shares of Axis Bank on Thursday rose by over one percent after the government approved increase in foreign investment limit in the company to 62 percent.

Govt gives nod for hiking foreign investment in Axis Bank to 62%

Last Updated: Thursday, December 26, 2013, 15:23

The government on Thursday approved increase in foreign investment limit to 62 percent entailing an inflow of about Rs 7,250 crore.

Axis Bank gains after BSE says stock to be included in Sensex

Last Updated: Monday, November 25, 2013, 13:57

Shares of Axis Bank on Monday rose over 3 percent after the Bombay Stock Exchange (BSE) said it will include the company in its benchmark index, Sensex, with effect from December 23.

Axis Bank gains; to be included in BSE Sensex

Last Updated: Monday, November 25, 2013, 11:41

Shares in Axis Bank Ltd rose more than 2 percent on Monday after exchange operator BSE Ltd said it will include the lender in its benchmark BSE Sense starting on December 23.

FII/NRI investment in Axis Bank reach trigger limit

Last Updated: Friday, November 22, 2013, 23:12

Accordingly, further purchases of equity shares of Axis Bank by them would be allowed only after obtaining the Reserve Bank's prior approval, it added.

FII/NRI investment in Axis Bank reach trigger limit

Last Updated: Friday, November 22, 2013, 20:31

The Reserve Bank on Friday said FIIs and NRIs would not be allowed to purchase shares in Axis Bank as the limit for their investment has reached the trigger limit.