PE major Bain Capital’s Axis Bank deal under margin pressure
Freefall in Axis shares — pledged as collateral — leads to calls for more cash, global guarantees by PE’s lenders.from Stocks-Markets-Economic Times https://ift.tt/2xATkmB
Mahindra Finance Q3 Results: Net profit declines 12% YoY to Rs 553 crore
On a consolidated basis, the company's net income declined 6% to Rs 623 crore from Rs 664 crore and the total income rose 23% to Rs 4,137 crore. Last year, the write-back provision was higher, and given the improving asset quality, there wasn't much benefit this time. from Stocks-Markets-Economic Times https://ift.tt/0QtirjC
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