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State Bank of India

Equifax to buy out SBI, other partners in India joint venture

Finance

15 January, 2020

Equifax to buy out SBI, other partners in India joint venture

State Bank of India and five other lenders are selling their stake in Equifax Credit Information Services Pvt. Ltd, the ......

Sensex dives as oil prices surge; Nifty falls most in 4 months

Markets

06 January, 2020

Sensex dives as oil prices surge; Nifty falls most in 4 months

Indian shares fell on Monday as escalating US-Iran tensions spiked crude, pulling the rupee lower and stoking fears of a ......

IFCI sells bulk of its stake in National Stock Exchange

Finance

24 December, 2019

IFCI sells bulk of its stake in National Stock Exchange

State-owned development finance institution IFCI Ltd said on Tuesday it has divested most of its 2.44% stake in the National ......

Jet Airways lenders call for fresh bids to find buyers

Infrastructure

24 December, 2019

Jet Airways lenders call for fresh bids to find buyers

Jet Airways (India) Ltd will go through a fresh round of bidding as its lenders have decided to make another ......

Mutual fund house UTI AMC files for IPO

Finance

19 December, 2019

Mutual fund house UTI AMC files for IPO

UTI Asset Management Co Ltd, the country’s seventh-largest mutual fund house by assets under management (AUM), has filed...

Nifty, Sensex decline on profit-taking; IT, state-owned banks emerge as top drags

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...

Govt's real estate fund to revive housing projects hits first close

Infrastructure

09 December, 2019

Govt's real estate fund to revive housing projects hits first close

An alternative investment fund the central government launched last month to revive stalled housing projects has hit its first...

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

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 ......

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Carlyle set to make best-ever India returns from partial exit in SBI Cards

Finance

06 December, 2019

Carlyle set to make best-ever India returns from partial exit in SBI Cards

Private equity firm Carlyle Group is all set to record its best-ever performance from its India portfolio by paring its ......

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