Kapoor was reluctant to heed their request saying that Shagun didn’t have the necessary board experience. This tug of war continued for several years. Finally, in April 2019, the two promoters — the Kapurs and Kapoor — buried the hatchet and appointed Shagun on the board of Yes Bank. In March this year, Madhu Kapur sold 2.5 crores in the bank for Rs161 crore at Rs 65 apiece. Kapur couldn’t have sold more than 25 percent of her holding as the RBI’s three-year lock-in for investors kicked in. … [Read more...] about End of an era as Kapurs step down as Yes Bank promoters
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Buy Federal Bank target of Rs 55: Anand Rathi
"The launch is in line with our vision to create a ladder of Bharat Bond ETFs across various maturities on the yield curve. This will provide more options for investors to match their investment needs with different time horizons,” Radhika Gupta, CEO of Edelweiss Mutual Fund said. … [Read more...] about Bharat Bond ETF second tranche to launch in July: All your questions answered
When our body contracts an infection, it automatically produces antibodies to fight off that infection. Otherwise, vaccines, which often carry the disease-causing microorganism in a dormant or inactive state, help the body produce those antibodies so as to protect an individual from catching the infection, making him/her immune to it. Besides, if an individual is immune to a disease, he/she cannot pass it on to others. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
UCO Bank reduces repo-based lending rate by 40 bps Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac Coronavirus wrap May 29: Jharkhand airlifts migrant workers from Leh; India's COVID-19 death toll surpasses that of China … [Read more...] about Spoke to Aviation Minister, told him more time needed to resume flights: Maharashtra CM Thackeray