Mumbai, June 29 (IANS) Axis Bank, the country’s third-largest private sector lender, on Monday announced the resignation of its Chief Financial Officer Puneet Sharma, who has decided to step down to pursue the next phase of his professional career.According to a regulatory filing by the bank, Sharma submitted his resignation on June 28, 2026.He will continue in his role until the close of business on August 31, 2026, after which he will cease to be the bank’s Chief Financial Officer, key man…
Latest Tata Capital News & Updates
Mumbai, March 22 (IANS) Tata Capital has said it has received an income tax reassessment order of Rs 413 crore from the Mumbai tax authority for the financial year 2017-18 and will take necessary steps to file a rectification appeal.The company said the order was issued on March 20, 2026, and downloaded a day later.The reassessment pertains to Tata Capital Financial Services Limited, which has since been merged with Tata Capital Limited with effect from April 1, 2023.According to the company, th…
New Delhi, Jan 2 (IANS) Dealmaking in India delivered a breakout year in 2025, with deal value nearly doubling to $157.9 billion, up 91 per cent from 2024 and reaching a three‑year high, while number of announced deals edged past last year’s all-time high by 0.7 per cent, a report showed on Friday.The surge was driven by major domestic spin‑offs, buybacks, consolidation across core industries, and sustained cross‑border interest. Industrials, Energy and Power, Financials and High Technol…
Mumbai, Dec 30 (IANS) After a year packed with non-stop IPO launches and record-breaking fundraising, India’s primary market is now showing signs of a reality check.While 2025 will go down as one of the most active years for initial public offerings, the performance of many newly listed stocks has failed to live up to the excitement seen on listing day.Data shows that nearly half of the companies that went public this year are now trading below their issue prices.This sharp contrast between st…