State Bank of India
Finance
State Bank of India gears up for IPO of PE-backed credit cards unit
State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an initial ......
Infrastructure
State Bank of India seeks bids for Videocon's overseas oil, gas assets
The State Bank of India has invited bids for overseas oil and gas assets of Videocon Industries Ltd, a newspaper ......
Markets
Sensex drops to five-month low as Fed's comments dampen global investor sentiment
Indian shares ended at a five-month low on Thursday, dragged by public sector banks and metal stocks, as comments from ......
General
Grapevine: Sequoia may top up sixth India fund; Ebix eyes PE-backed Trimax
Sequoia Capital India, one of the most active venture capital firms in India, is raising $200 million (about Rs 1,377 ......
Infrastructure
Construction firm IVRCL heads for liquidation
Hyderabad-based construction company IVRCL Ltd is headed for liquidation after failing to find a buyer under a bankruptcy resolution process. The ......
Finance
SBI CFO Prashant Kumar on bank consolidation, progress on stressed assets and more
State Bank of India (SBI) is leading many fights against top corporate defaulters, including Essar Steel, under the Insolvency and ......
Markets
Nifty, Sensex end lower for fourth day, financial stocks hurt most
Indian shares settled lower for a fourth straight session on Tuesday, weighed down by losses in financial stocks, with State ......
Markets
Sensex gains for third day in a row as SBI, Indiabulls Housing surge
Indian shares closed higher for the third straight day on Wednesday, boosted by gains in financial stocks, with top lender ......
Infrastructure
Jet Airways lenders attempt to sell bankrupt carrier again
Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......