Arundhati Bhattacharya among Forbes Asia's 50 `power businesswomen'
Feb 27, 2015 at 18:04 | Source:
Forbes Asia has named Arundhati Bhattacharya, Chairman, State Bank of India, in its annual 50 power businesswomen list. The much coveted list appeared in the magazine's March 2015 special issue.Arundhati Bhattacharya is referred to as 'the first lady...
Sensex falls for second straight session; blue chips drag
Feb 24, 2015 at 04:15 | Source:
MUMBAI (Reuters) - The BSE Sensex and Nifty fell for the second straight session on Monday, dragged down by heavyweights such as Reliance Industries(RELI.NS) and financial stocks, as caution prevailed ahead of the budget due on Feb 28.Other blue chip...
SBI commits Rs 75,000 cr for financing clean energy generation
Feb 15, 2015 at 20:48 | Source:
New Delhi: Country's largest lender State Bank of India today committed Rs 75,000 crore for generation of 15,000 MW of renewable energy in the next five years. "SBI has committed to provide Rs 75,000 crore over a period of five years for the ren...
Land, finance key to India renewables drive - First Solar CEO
Feb 15, 2015 at 17:30 | Source:
NEW DELHI (Reuters) - India will struggle to hit its "hugely ambitious" renewable energy target if it fails to make more land available for plants and ensure utilities have the means to buy in clean energy, the head of U.S.-based First Sola...
Sensex gains 1 pct; SBI surges on stable asset quality
Feb 14, 2015 at 02:15 | Source:
MUMBAI (Reuters) - The BSE Sensex and Nifty rose for a fourth consecutive day on Friday, as State Bank of India surged after bad loans rose only slightly in the previous quarter, with sentiment also underpinned by stable consumer inflation data and s...
BSE Sensex rebounds after Russia ceasefire
Feb 13, 2015 at 00:30 | Source:
MUMBAI (Reuters) - The BSE Sensex rallied around 1 percent, in a sharp turnaround from earlier mild losses after the leaders of Germany, France, Russia and Ukraine reached a deal to end fighting in eastern Ukraine, sparking gains in global markets.Tr...
India says to inject $1.1 billion into nine state-run banks
Feb 07, 2015 at 19:30 | Source:
MUMBAI (Reuters) - India will inject 69.90 billion rupees ($1.13 billion) into nine state-run banks including State Bank of India in the financial year 2015, the finance ministry said on Saturday.In a statement, it said the plan aimed to reward the b...
HDFC Bank's India offer oversubscribed, seen encouraging other sales
Feb 06, 2015 at 01:45 | Source:
MUMBAI (Reuters) - HDFC Bank's (HDBK.NS) $324 million share offering in India was more than 4 times oversubscribed, according to bankers and investors, a strong reception that is expected to encourage a rush of domestic equity sales from other compan...
SKS to Vodafone: Microlenders, telcos may emerge as banks to serve poor
Feb 05, 2015 at 19:25 | Source:
There were too many takers to wear the hat of a tiny banker when the deadline to apply for small finance and payments banks licences expired at the close of business hours on 2 February at Mint Street. A total of 113 companies have applied with the R...
HDFC Bank launches share offer in US, India to raise up to $1.6 bn
Feb 05, 2015 at 12:43 | Source:
Mumbai: HDFC Bank, India's largest lender by market value, launched a share offer in the United States and India on Wednesday to raise up to $1.6 billion.FC Indian lenders are seeking to raise new equity capital to meet global banking rules and also ...