SBI

Carlyle-backed SBI Cards, fabric processor get SEBI nod for IPO

Finance

17 February, 2020

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

31 January, 2020

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

22 January, 2020

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)...

Premium

Manufacturing

14 January, 2020

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

10 December, 2019

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

09 December, 2019

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

28 November, 2019

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

11 November, 2019

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

25 October, 2019

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

27 August, 2019

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...

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