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That’ll give a lift to the Indian convertible bond market too.” New credit from lenders including SBI Capital Markets Ltd. and IDBI Bank Ltd., combined with cash reserves, should help Suzlon meet its obligations this year, according to ...
May 25, 2012 at 16:11 | Source: Bloomberg
SBI is a top pick in banking space, says Tirthankar Patnaik, EVP - Institutional Sales, Religare Capital Markets. Patnaik told CNBC-TV18, “We have been positive on SBI all through the year. The call earlier in the year had been on rate ...
May 21, 2012 at 04:41 | Source: MoneyControl.com
The Bankex index moved up after SBI reported a sharp improvement in its March quarter ... mostly due to sharp rise in the rupee and the fall in international markets. Barclays Capital expects spot rupee to hit 56 in one month and then subsequently rise ...
May 18, 2012 at 09:45 | Source: firstpost.com
European markets opened weak with CAC, DAX and FTSE dipping between 0.3-1%. Back home, BSE Bankex zoomed over 2% followed by counters like FMCG, PSU and Oil & Gas, all gaining by nearly 1% each. BSE Auto and Capital Goods indices declined ...
May 18, 2012 at 11:11 | Source: rediff.com
SBI led the recovery after strong set of Q4 numbers ... Oil & Gas and Metal sectors while major selling was seen in Auto, Capital Goods and Pharma sectors. Markets breadth on BSE remained negative were 1220 advances against 1499 declines ...
May 18, 2012 at 10:28 | Source: Commodity Online
SBI shares zoomed over five per cent which dramatically lifted the mood of markets. The recovery in rupee aided by ... The BSE-Auto fell by 1.90 per cent and BSE-Capital Goods shed 0.53% on Friday and ended as the worst performing sectors.
May 18, 2012 at 04:37 | Source: Daily News and Analysis
Markets continue to trade in the positive ... The movers in the Capital Goods space were Havells India, Praj Inds, BHEL, BEML and L&T up 1.5-4%. Meanwhile SBI and Bank of India up 2% each were the top gainers among the banking stocks.
May 28, 2012 at 05:44 | Source: Business Standard
A group of about 20 banks, including SBI Capital Markets Ltd., IDBI Bank Ltd. (IDBI) and Bank of Baroda (BOB) have agreed in principle to extend a dollar-denominated term loan, Vikas Rathee, Suzlon’s vice president and head of corporate ...
May 17, 2012 at 23:58 | Source: Businessweek
SBI Capital Markets Ltd., one of the lead banks for the loan, said it’s “extremely confident” of closing the deal in time for Suzlon to meet its June bond repayments. The turbine maker is working on plans “to monetize non-critical assets ...
May 21, 2012 at 05:03 | Source: Businessweek