Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…
Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…
The Rs 860-crore Crizac IPO, which comprises of solely offer-for-sale, will open for public subscription on July 2, and close on July 4. Kolkata-based Crizac, the international student recruitment solutions provider, has raised Rs 258 crore from 19 institutional investors through its anchor book on July 1, a day before the IPO opening. The Rs 860-crore…