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Franklin Templeton Alternative Investments has announced the first close of Rs 205 crore for its alternative investment fund, Franklin India Credit AIF, with a target corpus of Rs 1,000 crore.

Axis Bank's Q3 profit rose 4% to Rs 6,304 crore, driven by higher provisions and slower loan growth. Retail segment asset quality pressures impacted the results.

Axis Finance, IDBI Bank, and IDBI Trusteeship withdraw their petitions against the Zee Entertainment-Sony Pictures Networks India merger at NCLAT following NCLT's recall of the approval order.

Axis Bank reported a Q4 net profit of Rs 7,599 crore but expressed concern over deposit accretion. The bank's net profit grew 17% sequentially.

The National Company Law Appellate Tribunal (NCLAT) will hear IDBI Bank and Axis Finance's plea against the Zee Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India merger on May...

India's Sensex breaches 71,000 mark, rupee jumps against US dollar, gold prices rise. Read the latest business news and market highlights.

The National Company Law Appellate Tribunal (NCLAT) has issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over petitions challenging the merger with Culver Max Entertainment. The NCLAT has...

Get the latest business news, including Adani Group's USD 75 billion energy transition investment, Digital India Act updates, and market performance. Read more here.

The NCLAT has adjourned the hearing on appeals by Axis Finance and IDBI Bank against the Zee-Sony merger to December 15. The appeals challenge the NCLT order approving the merger, paving the way...