State Bank of India
Finance
Neev Fund inches closer to making first close of new PE vehicle
Private equity investor Neev Fund is looking to make the first close of its second investment vehicle within two months, ......
Finance
India Inc reins in FY20 ad costs even as some ramp up in pre-Covid days
Corporate India curbed advertising expenses for 2019-20 even before the slowing economy took a turn for the worse at the ......
Finance
India Inc's legal costs slip off FY19 perch; Sun Pharma retakes top spot
India Inc’s legal expenses pace came down to a high single digit rate in 2019-20 from the fastest growth seen ......
TMT
Company watch: Will coronavirus play spoilsport just as Perfios Software heats up?
Perfios Software Solutions Pvt. Ltd’s topline over the past four financial years shows the firm has well harnessed the blooming...
Finance
Oman India PE fund hits final close of second fund after long slog
Mid-market private equity firm Oman India Joint Investment Fund (OIJIF) has made a final close of its second fund, more ......
Finance
SBI gets new head to wrestle down bad loans worth $17.5 bn
India’s largest lender State Bank of India (SBI) has appointed a new managing director (MD) to manage down gross non-performing...
Manufacturing
Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last
Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......
Finance
Carlyle-backed PNB Housing taps another SBI veteran to be CEO
PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......
Finance
Not right to drag all distressed companies into insolvency: SBI MD
Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will...
Finance
Warburg Pincus-backed SBI General Insurance gets new CEO
SBI General Insurance Company Ltd, which counts private equity firm Warburg Pincus as an investor, has elevated its deputy chief...
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