Ripples Advisory, Opening bell: Asian markets open lower; Axis Bank, Wipro, Fortis in news

In other news, the govt says it will still want to see if Indi-Go bids for Air India, even as the budget carrier announced its decision not to bid for the national carrier


US stocks end lower; Asian markets follow suit

Stocks closed well off their session highs on Monday as shares of Amazon and Boeing rolled over. Traders said a report that FBI officers had raided the office of President Donald Trump’s personal lawyer also fuelled the late-day decline.

Asian markets traded lower in early Tuesday trade after an overnight rally on Wall Street lost steam.

Videocon loan case: ICICI Bank faces questions from key shareholders

Large shareholders of ICICI Bank Ltd have sought clarifications from the lender’s management about the alleged governance failures in India’s second largest private sector bank

Axis Bank CEO Shikha Sharma cuts short her tenure, to exit on 31 December

Axis Bank managing director and chief executive officer Shikha Sharma will leave on 31 December, India’s third largest private bank said, after its board granted her request to cut short her latest term of three years that begins on 1 June.

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