Mumbai: The Securities and Exchange Board of India (Sebi) will question the top management of Zee Entertainment Enterprises (ZEE) – including founder Subhash Chandra, chief executive and managing director Punit Goenka, the chief financial officer, as well as current and past board members – on the alleged fund diversion at the media firm, said two … Read more
Equity markets closed higher for the fifth consecutive day on Monday. The 30-share BSE Sensex rose 281 points to settle at 72,708 and the broader Nifty closed at its all-time high of 22,122 points. Stocks that were in focus included names like Novartis India, which rose 15.44%, Global Health, which fell 2.9%, and YES Bank, … Read more
Yes Bank shares fell nearly 11% in the intraday trade to the day’s low of Rs 28.05 on the NSE on Monday amid profit booking, having witnessed a near 40% rally in the past four trading sessions. The stock has been on a strong uptrend after the Reserve Bank of India’s (RBI) nod to HDFC … Read more
Benchmark indices rebounded nearly 1% on Tuesday following positive global trends. The 30-share Sensex climbed 454 points to settle at 72,186 and the Nifty gained 157 points to close at 21,929. Stocks that were in focus included names like YES Bank, which rose 11.62%, PB Fintech, which fell 6.15%, and Fortis Healthcare, whose shares increased … Read more
Shares of Yes Bank jumped over 11% and hit the day’s high of Rs 25.40 on the NSE after the lender informed exchanges about the nod by the Reserve Bank of India (RBI) to HDFC Bank for acquiring up to 9.50% of the paid-up share capital or voting rights of the Bank. The RBI, while … Read more
Private lender YES Bank’s net interest income (NII) in the third quarter ended December 2023 could either remain flat or see a decline on a year-on-year (YoY) basis. The muted NII growth is due to slower loan growth and the rising cost of funds. NII for the December quarter is seen growing 2% YoY, while … Read more
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