scorecardresearch
Monday, July 21, 2025
TopicAxis Bank Ltd.

Topic: Axis Bank Ltd.

Indian government investment vehicle to sell 1.55% stake in Axis Bank, making complete exit

The Specified Undertaking of the Unit Trust of India will sell 46.5 million shares, with the floor price being 830.63 rupees per share.

Easing core inflation could push RBI to cut rates again

Core inflation has remained sticky at around 6% and is a key reason economists cautioned against more rate cuts after last week’s surprise easing.

Blackstone to create India’s first real estate investment trust listing, to raise $1 billion

India's cash-starved firms, struggling to access liquidity in the current market conditions, could derive huge benefit from this potential deal. 

Launching next week, WhatsApp Pay will attempt to hasten India’s payments

Whatsapp's entry into India’s payments space has been likened to WeChat, which reshaped payments in China when it expanded beyond messaging.

On Camera

Can Syria’s tiny Druze minority survive West Asia’s new storms? There’s little hope

Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.