US banking turmoil: ADRs of Domestic Banks Impacted

Analysts say domestic banks' dependence on local depositors insulates them from the crisis. IMAGE: A general view of First Citizens Bank logo in Solana Beach, California, March 27, 2023.......

HDFC Bank's ADR premium plunges below 5%, lowest since June last year

The country’s most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Photograph: Shailesh Andrade/Reuters Two data indicators,......

Vodafone Idea board approves raising up to Rs 14,500 crore

Debt-ridden telecom operator Vodafone Idea on Thursday said its board has approved raising of up to Rs 14,500 crore, including Rs 4,500 crore from promoter entities. An amount of Rs 10,000 crore......

Raju has heart problems, says counsel

Satyam founder B Ramalinga Raju, who is now housed in the Chanchalguda central prison, is suffering from cardiac-related health problems. Raju's defence counsel said this while objecting to the......