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Carlyle-backed SBI Cards' IPO to open on March 2

Finance

20 February, 2020

Carlyle-backed SBI Cards' IPO to open on March 2

The $1.25 billion initial public offering of SBI Cards and Payment Services, the credit card arm of State Bank of ......

Sensex, Nifty rise as RBI keeps rates steady

Markets

06 February, 2020

Sensex, Nifty rise as RBI keeps rates steady

Indian shares, boosted by state-owned banking stocks, ended higher for the fourth straight session on Thursday, as the country's central ......

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

General

22 January, 2020

Grapevine: SBI gets bids for its 1% in NSE; Vedanta to sell minority stake in Cairn

India’s largest lender, State Bank of India (SBI), received bids from Prem Watsa’s Fairfax, Edelweiss Securities and Kotak Securities, among ......

Nifty, Sensex finish the week with 0.8% gains

Markets

17 January, 2020

Nifty, Sensex finish the week with 0.8% gains

Indian shares ended little changed on Friday as losses in telecom and banking stocks offset strength in conglomerate Reliance Industries ......

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

US-based consumer credit reporting firm Equifax Inc. is buying the stake held by State Bank of India and its other ......

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 a draft ......

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 in ......