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State Bank of India

Nifty, Sensex close lower for the week

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 ......

Some 300,000 employees of state-led banks strike against mergers

Finance

22 October, 2019

Some 300,000 employees of state-led banks strike against mergers

Nearly 300,000 employees of Indian state-run banks went on strike on Tuesday against government plans to consolidate the sector through ......

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Finance

17 October, 2019

PremjiInvest, Warburg Pincus to buy IAG's stake in SBI General

Premjilnvest, the family office of Wipro Ltd’s Azim Premji, and private equity firm Warburg Pincus are buying Insurance Australia Group’s ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

Premium
Smaller ARCs chase bulk deals to step up bad-loan purchases

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool of ......

Nifty, Sensex end little changed; Reliance Industries gains

Markets

24 September, 2019

Nifty, Sensex end little changed; Reliance Industries gains

Indian shares ended little changed on Tuesday, as investors paused after a two-session rally and waited for further stimulus from ......

Govt gives companies $20.5 bn tax break in bid to revive growth

Economy

20 September, 2019

Govt gives companies $20.5 bn tax break in bid to revive growth

The Indian government on Friday slashed corporate taxes in a bid to pump up the flagging fortunes of the economy, ......

Sensex drops as oil prices soar after Saudi attack

Markets

16 September, 2019

Sensex drops as oil prices soar after Saudi attack

Indian shares closed lower on Monday, as soaring oil prices after an attack on Saudi Arabian oil facilities over the ......

Sensex, Nifty end higher on rally in state-owned banks

Markets

09 September, 2019

Sensex, Nifty end higher on rally in state-owned banks

Indian shares ended higher on Monday, led by gains in state-owned banks, as weak economic data from the United States ......

Sensex recovers on boost from banks, steelmakers

Markets

04 September, 2019

Sensex recovers on boost from banks, steelmakers

Indian shares ended higher on Wednesday, as gains in banking and steelmaker shares helped markets recover from earlier losses, with ......