The investment banking arm of the third largest private sector lender has elevated Salil Pitale and Chirag Negandhi as joint managing directors and co-chief executive officers, it said.
After its merger with non-banking finance company Capital First, IDFC is trying to sell some of its 'non-core' assets
Axis Capital is bullish on Aster DM Healthcare has recommended buy rating on the stock with a target price of Rs 224 in its research report dated August 16, 2018.
The fourth quarter for largecap IT is likely to be a better than expected setting a context for strong FY19, said Kashyap Pujara of Axis Capital.
G4S has been the market leader from the early 1990s.
Axis Capital believes that the company can deliver 18 percent return on equity over FY19 and has maintained a buy on the stock with a target price of Rs 790.
In an interview to CNBC-TV18, Kashyap Pujara, Executive Director & Head of Research-Institutional Equity at Axis Capital shared his readings and outlook on the market and specific sectors.
In an interview to CNBC-TV18, S Subramanian, MD & Head of Institutional Equities at Axis Capital shared his views on the market and spoke about Axis Capital's India Opportunities Conference that's underway in Singapore.
For investors, the best practice would be to look at bottom-up stories.
NTPC’s equity comprises 8.24 billion shares. At today’s market price of Rs 156, sale of 10 percent of the company’s equity will fetch it Rs 12,863 crore. There will be no fresh issue of shares by the company. The government currently holds 69.74 percent stake in the company.
"Several financial and strategic investors have expressed strong interest to partner with ALTBalaji and the management is actively considering the options available and has appointed Axis Capital as bankers for the investments," Balaji Telefilms said in a BSE filing.
The Wadia family-promoted airline flies to 23 destinations in the country with a fleet of 19 Airbus A320 and three A320 neo aircraft. It awaits delivery of 141 A320 neo planes, signed as part of its two contracts with the European passenger aircraft manufacturer.
The company had filed draft paper with Sebi in February for the proposed IPO and received regualtor's observation on April 28, which is necessary for any company to launch public offer, as per the latest update.
The RInfra InvIT Fund, with a proposed issue size of Rs 3,000 crore with an option to retain over-subscription of up to 25 per cent, will own 10 toll road assets, with an option to acquire further assets in future.
Speaking to CNBC-TV18 from the sidelines of the Axis Cap Conference Nigam said two-wheeler volumes have seen a sharp recovery post demonetisation lows and it has crawled back to normalcy in the months of February-March.
The IPO received bids for 5,42,95,850 shares against the total issue size of 4,43,72,882 shares, as per data available with the NSE till 1630 hrs.
As transaction advisor, SBI Caps will manage the stake sale process and assist the department of investment and public asset management derive the fair reserve price to get optimum proceeds from the divestment.
Security and Intelligence Services has received market regulator Sebi's go ahead for raising an estimated Rs 500 crore through an initial public offering.
In a BSE filing, the company said it will buyback one crore equity shares at a face value of Rs 1 each from the equity shareholders on a proportionate basis.
Last week, DLF reported a flat consolidated net profit at Rs 207 crore for the second quarter of this fiscal against Rs 206.18 crore in the year-ago period.
The company's IPO received bids for 2,48,36,460 shares against the total issue size of 1,72,29,118, NSE data available till 1215 hours showed.
The company's IPO received bids for 21,40,680 shares against the total issue size of 1,72,29,118 shares, data available with the NSE till 1715 hrs showed.
Irrespective of RBI's decision on interest rates on Tuesday, effective interest rates will fall over the next few months, Nandan Chakraborty, Managing Director, Institutional Equity Research, Axis Capital said. There could be a slight de-rating but index will have an upside of 15 percent on an average, he added.
Security and Intelligence Services today filed their draft papers with market regulator Sebi to raise an estimated Rs 500 crore through an initial public offering.