Tag: approves

Yes Bank board approves Rs 5,000 crore fund raise plan; Prashant Kumar new MD and CEO

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NEW DELHI: Cash-starved private sector lender Yes Bank on Thursday approved a proposal to raise Rs 5,000 crore by way of share-sale, including qualified institutions and rights issue. The board meeting held on Thursday cleared this proposal. With this the new board also came to the force with Prashant Kumar formally becoming the MD and…

Govt approves 100 per cent FDI by NRIs in Air India

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Airlines / AviationStock Analysis, IPO, Mutual Funds, Bonds & MoreThe government allows 100 per cent FDI in scheduled airlines based on certain conditions.ET Online and Agencies|Last Updated: Mar 04, 2020, 04.10 PM ISTAgenciesThe government intends to sell 100 per cent of Air India as the earlier attempt to do that had failed.The Union Cabinet has…