State Bank of India
Markets
Nifty, Sensex rebound sharply but suffer worst week since 2009
Indian shares fell sharply again on Friday, in line with overseas markets, as the coronavirus pandemic threatens to disrupt global...
Finance
SBI board okays $975 mn investment in moratorium-hit Yes Bank
State Bank of India’s board has approved an investment of Rs 7,250 crore ($975 million) in cash-starved private sector lender...
General
Grapevine: Deutsche Bank pulls out of DHFL bidding; JM Baxi may raise CPPIB funds
German lender Deutsche Bank has backed out from bidding for embattled Dewan Housing Finance Corp. Ltd, citing clash of interests,...
Finance
Deal with Yes Bank's bondholders 'in process', says administrator
The administrator of India’s Yes Bank told Reuters a deal was being discussed with some bondholders who have opposed a ......
Markets
Nifty, Sensex close higher as Bank of England rate cut boosts stimulus hopes
Indian shares ended higher on Wednesday, with gains in energy majors offsetting weakness in IT and financial stocks, after a ......
TMT
Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn
Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much...
Manufacturing
JSW's Sajjan Jindal eyes another stressed assets target, set to buy steel firm
Billionaire Sajjan Jindal-owned JSW Projects Ltd is close to sealing a deal for a majority stake in a distressed steelmaker, ......
Finance
‘No question' of Yes Bank merging with SBI, says administrator
India’s Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the ......
Finance
Yes Bank debt writedown to hit sector capital-raising
The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue ......
Finance
Yes Bank founder Rana Kapoor remanded in police custody on money-laundering charges
An Indian court on Sunday remanded the founder and former managing director of crisis-hit Yes Bank Ltd in police custody ......
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