SBI
Finance
Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO
SBI Cards and Payment Services Ltd, the credit-card issuing arm of the country’s top lender SBI, has received a green ......
Markets
Nifty, Sensex close lower ahead of Budget; energy stocks lead losses
Indian shares gave up early gains to settle lower on Friday, dragged down by energy stocks, a day ahead of ......
General
Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn
Global payments technology giant Mastercard is looking to invest close to $300 million (Rs 2,135 crore at current exchange rate)...
Manufacturing
Kotak's stressed assets fund inks debut deal
The distressed assets fund of Kotak Investment Advisors has marked its debut deal, an executive told VCCircle, with a transaction...
Markets
Nifty, Sensex decline on profit-taking; IT, state-owned banks emerge as top drags
Indian shares ended lower on Tuesday, weighed down by information technology and state-owned bank stocks, as investors took profits...
General
Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious
Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......
Finance
PE giant Carlyle, SBI to make partial exits from SBI Cards & Payment via IPO
SBI Cards and Payment Services Ltd, the credit card subsidiary of State Bank of India (SBI), India’s largest lender, filed...
General
Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake
Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services...
Markets
Nifty, Sensex close lower for the week
Indian shares eked out minor gains on Friday ahead of a local holiday, as a rally in State Bank of ......
Manufacturing
Khaitan's whirring blades to go quiet as fan maker handed over to liquidator
The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other...