State Bank of India
Finance
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...
Finance
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 ......
General
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 ......
Finance
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...
Markets
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...
Economy
Govt gives companies $20.5 bn tax break in bid to revive growth
Indian Finance Minister Nirmala Sitharaman announced a slew of measures on Friday to revive sagging investment in Asia’s...
Markets
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 ......
Markets
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 ......
Markets
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,...
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
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