Industry News

ICICI Bank Ltd on Monday jumped over 5.7%, the maximum rise in six months, as investors hoped that the proceeds from the sale of Essar Oil will help the Essar group deleverage. ICICI Bank has a significant, though unknown, exposure to the Essar group, which has a total debt of around Rs.90, 000 crore. Other banks such as Axis Bank Ltd and State Bank of India, which also have exposure to Essar, saw their shares climb."/>
ICICI Bank surges 5.7% on Essar-Rosneft deal [Mint, New Delhi]
Goldman Sachs Group Inc. got turned down by an investment manager of a university endowment fund who came very close to making an investment but eventually balked. The endowment fund chose a lesser- known rival over Everstone, the investment management firm Sain founded with his former Goldman Sachs colleague..."/>
The building of Everstone Capital [Mint, New Delhi]
Statoil ASA: Notifiable trading
The cost of being DCB Bank [Mint, New Delhi]
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
SME initial share sales surge in FY17 [Mint, New Delhi]
Mint, New Delhi, R. Sukumar column [Mint, New Delhi]
M and A Navigator: Deal pipeline 17 October
First Hawaiian Business Activity Report in 2010, according to the data scheduled for release today. The only larger percentage gain was in the fourth quarter of 2012 when sales jumped 11.3..."/>
Credit card sales remain at record highs [The Honolulu Star-Advertiser]

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