Yes Bank claims of an investment offer worth $2 billion

Mumbai: Fund-scouting private lender Yes Bank Ltd., on Friday late evening said after a board meeting that a number of investors have evinced interest to buy Yes Bank equities worth a total of $2 billion via a preferential allotment of shares. The bank said last month that it has received an interest from an international investor to put in […]

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Yes, Scott Walker is an ‘education governor’ for Wisconsin

When Gov. Scott Walker earlier this week declared himself to be the “education governor,” he might as well have been holding a vampire convention where he served garlic bread. Horrified Democrats immediately dredged up memories of Walker’s public sector union fights, calling him a “disaster” for public education. State Superintendent Tony Evers, Walker’s leading competitor in this […]

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RBI Hikes Foreign Holding Limit To 74% In Yes Bank

Mumbai: Reserve Bank on Friday increased the foreign holding limit to 74 per cent of the paid-up capital in Yes Bank under the portfolio investment scheme. Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 74 per cent from from the existing 60 per cent of the paid-up capital of Yes […]

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Yes to a government college, but no to government schools

Photo: HT New Delhi: While presenting the budget for Delhi last month, finance minister Manish Sisodia announced an expenditure of Rs.102 crore on training of teachers and principals in the new fiscal year. This was just Rs.9.4 crore last year. Sisodia said his aim was to bring government schools to world class standards in Delhi. […]

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