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SBICAP appoints former SBI executive as MD, CEO

People

12 June, 2024

SBICAP appoints former SBI executive as MD, CEO

India's largest public lender SBI's alternative asset management arm SBICAP Ventures Ltd, has appointed Prem Prabhakar as its new managing ......

Pro
Carlyle scores high returns from swift India exit move

Finance

03 May, 2024

Carlyle scores high returns from swift India exit move

Private equity firm Carlyle Group, which kicked off the new year with a swift exit move appears to have firmly pressed on ......

SBI Capital Markets names SBI's former US head as MD & CEO

People

14 February, 2024

SBI Capital Markets names SBI's former US head as MD & CEO

State Bank of India's subsidiary SBI Capital Markets has appointed the state-run lender’s former head of US operations, Virendra Bansal, ......

Premium
Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

Ola Electric gets debt funding from SBI

TMT

26 October, 2023

Ola Electric gets debt funding from SBI

Electric two-wheeler (2W) manufacturer Ola Electric has raised Rs 3,200 crore (around $384.4 million) in a mix of equity and ......

Indian lenders step up fundraising via infrastructure bonds as spending rises

Infrastructure

27 September, 2023

Indian lenders step up fundraising via infrastructure bonds as spending rises

Indian lenders are rushing to raise funds via longer term infrastructure bonds amid an increase in federal government spending. Banks have ......

Mastercard names former SBI chair Rajnish Kumar as India chairman

Finance

14 September, 2023

Mastercard names former SBI chair Rajnish Kumar as India chairman

Mastercard on Thursday named former State Bank of India Chair Rajnish Kumar as the chairman of its Indian unit, as ......

Premium
Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio

General

03 July, 2023

Grapevine: TVS shelves EV fundraising; SBI rejects NARCL offer for NPA portfolio

Two-wheeler maker TVS Motor Company Ltd has put its fundraising plans on the backburner, a media report said, citing multiple ......

SBI may cut further stake in Yes Bank at end of lock-in

Finance

02 March, 2023

SBI may cut further stake in Yes Bank at end of lock-in

State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on March ......

 Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Infrastructure

16 January, 2023

Mt. K Kapital snags ₹350 cr from SBI, Rustomjee, others

Real estate-focused fund management firm Mt. K Kapital has secured ₹350 crore (about $43 million) from anchor investors State Bank ......