Hritam Mukherjee

3 days ago | gurutrade.com | Hritam Mukherjee |Nivedita Bhattacharjee

May 12 (Reuters) - Shares of Yes Bank jumped 4.6% on Monday, after Japan's Sumitomo Mitsui Banking Corporation (SMBC) said on Friday it will take a 20% stake in the lender, marking India's largest cross-border banking deal. SMBC is a unit of Sumitomo Mitsui Financial Group and is Japan's second-biggest bank.

1 week ago | today.westlaw.com | Shilpi Majumdar |Nivedita Bhattacharjee |Ananta Agarwal |Hritam Mukherjee

(Reuters) -U.S. private equity firm Carlyle Group has sold its entire 10.44% stake in India's PNB Housing Finance via block deals, according to an exchange filing on Friday. Carlyle was the second-largest shareholder in the non-banking finance company...

1 week ago | today.westlaw.com | Hritam Mukherjee |Siddhi Nayak |Sonia Cheema |Arpan Chaturvedi

NEW DELHI (Reuters) -India's top court on Friday rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover was completed, and ordered the liquidation of the debt-ridden firm, two lawyers involved in the...

3 weeks ago | marketscreener.com | Selena Li |Hritam Mukherjee

HONG KONG/BENGALURU (Reuters) - UBS said on Tuesday it would sell its Indian wealth business to 360 ONE WAM and take a stake of nearly 5%, worth some $220 million, in the Mumbai-based asset manager, adding that it might consider boosting its ownership. 360 ONE's shares shot up 7% in Mumbai afternoon trade.

4 weeks ago | ca.marketscreener.com | Siddhi Nayak |Hritam Mukherjee

(Reuters) - IndusInd Bank's shares rose as much as 4.2% on Wednesday, a day after the private lender said it would take a smaller-than-expected hit to its net worth after an external review of previously reported accounting discrepancies. IndusInd was the top gainer on India's benchmark Nifty 50 index, which was muted, and the banking index, which rose 0.6%. The rise follows a 7% jump in the shares on the previous day.