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A service for global professionals · Tuesday, June 2, 2020 · 518,415,757 Articles · 3+ Million Readers
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Axis Bank News Monitoring

  • Published on Jun 1, 2020

    Axis Bank cuts savings account interest rate to 3%

    Private sector lender Axis Bank Ltd cut interest rate on savings account by 25 basis points with effect from Monday. The interest on savings account for balance up to ₹50 lakh has been lowered to 3.5%. For balance above ₹50 lakh, the interest rate stands …

    Source: livemint.com
  • Published on Jun 1, 2020

    Trending stocks: Axis Bank stock price climbs over 5%

    NEW DELHI: Shares of Axis Bank traded 5.27 per cent up in Monday's trade at 10:32AM (IST). Around 576396 shares changed hands on the counter. The stock opened at Rs 395.0 and touched an intraday high and low of Rs 409.35 and Rs 393.0, respectively, in …

    Source: Economic Times
  • Published on May 29, 2020

    Private equity player Bain Capital in talks to raise Axis Bank stake

    Private equity (PE) player Bain Capital has held preliminary talks with Axis Bank to invest in a possible fresh issuance of shares by the bank. US-based Bain holds a 4.6 per cent stake in the lender. However, it did not participate in the bank’s fund …

    Source: business-standard
  • Published on May 29, 2020

    Equity indices dip ahead of Q4 GDP data, Axis Bank slips 2.8 pc

    Mumbai (Maharashtra) [India], May 29 (ANI): Equity benchmark indices were on a low swing during early hours on Friday ahead of the release of GDP data for January to March quarter (Q4 FY20). The data is expected to reflect a slowdown in the economy as …

    Source: Shanghai News
  • Published on Jun 1, 2020

    Equity indices on upward swing, Bajaj twins top gainers

    Mumbai (Maharashtra) [India], June 1 (ANI): The bourses began first trading session of June on a positive note with equity benchmark indices moving up by 2.8 per cent in line with their Asian peers. The government eased curbs on most economic activities …

    Source: Bombay News
  • Published on Jun 1, 2020

    Covid impact: Credit card spends drop during lockdown, says RBI report

    MUMBAI : Credit card spends dropped by over 12% or ₹13,968 crore between 28 February and 30 April as the demand and consumption slowed down during the lockdown, shows data from the Reserve Bank of India (RBI). The credit card outstanding as on 24 April is …

    Source: livemint.com
  • Published on May 27, 2020

    Axis Bank ends 13% higher on reports of $1 bln capital raising plan

    Having risen as much as 15% during the day, Axis Bank Ltd closed 13.5% higher at ₹387.35 per share, while the benchmark Sensex rose 3.2% to close at 31605.22 points. The Economic Times today reported that private equity major Carlyle has started talks with …

    Source: livemint.com
  • Published on May 27, 2020

    Axis Bank soars 15% on report PE firm Carlyle could pick 8% stake

    Shares of Axis Bank soared 15 per cent to Rs 392.5 in the intra-day trade today on the BSE on Wednesday on reports that private equity (PE) firm Carlyle was looking to pick around 8 per cent stake in the lender. The stock trades in the future & option …

    Source: business-standard
  • Published on May 27, 2020

    MARKET LIVE: Sensex leaps 900 points; Axis Bank, ICICI Bank top gainers

    Benchmark indices shot up nearly 3 per cent on Wednesday, propelled by banks and financials, ahead of the upcoming derivative contract expiry. The S&P BSE Sensex jumped 900 points to 31,510 levels, and the Nifty50 index reclaimed the 9,200 zones. Axis …

    Source: business-standard
  • Published on May 27, 2020

    Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

    As the lockdown gets extended, the income shocks are likely to go up as well and will play out in the credit cost, says Krishnan ASV, vice-president. What are you anticipating from the Kotal QIP today? We are looking at floor price based on the Sebi …

    Source: Economic Times
  • Published on May 27, 2020

    Share market update: Bank shares up; Axis Bank jumps 4%

    NEW DELHI: Bank shares were trading with gains in Wednesday's session. Shares of Axis Bank (up 4.47 per cent) , ICICI Bank (up 3.59 per cent) , Kotak Mahindra Bank (up 1.88 per cent) , HDFC Bank (up 1.74 per cent) , Bandhan Bank (up 1.68 per cent) , …

    Source: Economic Times
  • Published on Jun 1, 2020

    Markets gain more than 3% in morning trade

    Indian equity benchmarks gained more than 3% during the first half of the trading session on Monday as investor sentiments received a boost with government easing the lockdown restrictions and a positive trend in Asian markets acting as a catalyst. At 12 …

    Source: The Hindu
  • Published on Jun 1, 2020

    Sensex rallies over 900 points in opening session; Nifty tops 9,800

    Equity benchmark Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries amid firm cues from global markets. After touching a high of 33,334.96 in opening session, the 30-share index was …

    Source: The Hindu
  • Published on Jun 1, 2020

    MARKET LIVE: Sensex jumps 900 points, reclaims 33k; IDBI Bank surges 20%

    The S&P BSE Sensex zoomed 900 points, or 2.7 per cent, to 33,300, and the Nifty50 index was topped 9,800 levels. Axis Bank and Tata Steel (both up 6%) were the top Sensex gainers. Besides, Bajaj Finance and IndusInd Bank also rose 4 per cent each. All …

    Source: business-standard
  • Published on Jun 1, 2020

    Sensex surges 800 points as India plans to 'unlock' the economy; Nifty tops 9,800

    NEW DELHI: The government’s decision to start a phased reopening of the economy cheered investors on Dalal Street as they flocked to buy equities in Monday’s session, taking benchmark indices higher. Strong global market mood too helped the sentiment back …

    Source: The Economic Times
  • Published on Jun 1, 2020

    Sensex rises over 700 points; Nifty above 9,750

    (File photo) NEW DELHI: Equity indices started on a positive note with the benchmark BSE sensex rising over 700 points amid gains across all the sectors. Sensex gained 725 points or 2.24 per cent to 33,149; while the broader NSE Nifty surged 185 points or …

    Source: The Times of India
  • Published on Jun 1, 2020

    SGX Nifty jumps 170 points; here's what changed for market while you were sleeping

    The plan for a phased exit from Covid-19 lockdown is a positive news for domestic stocks. But the spike in Covid 19 cases in India, US-China tensions over Hong Kong and riots in US may cap gains. Here’s breaking down the pre-market actions. STATE OF THE …

    Source: Economic Times
  • Published on May 21, 2020

    Prefer ICICI Bank, Axis Bank, M&M Fin in the financials space

    Jubilant Food will continue to do well and its sales will grow in the coming quarters, says CIO & MD, TCG AMC. Is it a good strategy to keep on buying the market just because the Fed has won the short-term battle? Yes, you have raised an excellent …

    Source: The Economic Times
  • Published on May 31, 2020

    Covid-19 related provisioning knocks off 45% of top private banks' profits

    A look at Q4FY20 numbers of top private-sector banks such as HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank, shows that Covid-19 related provisioning has dented their profits. On a cumulative basis, Covid-19-related provisioning at …

    Source: business-standard
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Interplas | NEC, Birmingham | 29 Sept - 01 Oct 2020

Date: 29-Sep-20 to 01-Oct-20
Location: United Kingdom
Interplas is the UK's largest and leading plastics industry event. A triennial event, over 500 exhibitors invest time and planning into demonstrating the latest machinery, equipment, products and services for visitors to view, test and experience at the show. You will see the entire spectrum of moulding and forming machines in action as well as materials, automation, contract manufacturing and supporting technologies including software, testing, inspection, surface treatments and much more. Add to this a full three days of conferences from some of the industry’s leading brands, authorities and organisations, as well as supplementary seminars, workshops and events, a visit to Interplas ensures you will get value, insight and experience you would not get at your desk.
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