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TCS, 6 Others Add Rs. 44044 Crore to Market Value in a Week

Nov 23, 2014 at 19:59 | Source: NDTV Profit

New Delhi: With the markets continuing a dream run, seven of the ten most valued companies added a cumulative Rs. 44,043.91 crore to their market valuation, with State Bank of India (SBI) emerging as the biggest gainer. Barring Oil and Natural Gas Co...

State Bank of India, Adani Enterprises, JSPL in Focus Today

Nov 20, 2014 at 10:00 | Source: NDTV Profit

The Nifty is likely to open flat on Thursday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net buyers of Indian equities but with a reduced momentum as they have bought shares worth Rs. 72 crore in cash market ...

SBI's Ten-for-One Stock Split Effective, Shares Gain

Nov 20, 2014 at 10:00 | Source: NDTV Profit

The stock split in State Bank of India came into effect on Thursday. India's biggest lender had last month approved a 10-for-one stock split. As a result, SBI reduced the face value of each equity share to Rs. 1 from Rs. 10 effective today. S...

Move over Kim Kardashian, Australian media is in love with PM Modi

Nov 19, 2014 at 10:40 | Source: FirstPost

Melbourne: Global glam queen Kim Kardashian must be ruing the timing of her visit to this picturesque Australian city as it is Indian Prime Minister Narendra Modi who is dominating the media headlines there.Modi's name is all over the electronic and ...

Want to Add SBI to Your Portfolio? Read This First

Nov 18, 2014 at 10:00 | Source: NDTV Profit

State Bank of India shares have been on a tear, rising sharply since the lender announced its second quarter results on Friday. The stock is trading at a 3 1/2-year high after gaining over 7 per cent in the previous two sessions. (Read why SBI shares...

Australian, Indian leaders target free trade pact, economic boost

Nov 18, 2014 at 06:15 | Source: FirstPost

CANBERRA (Reuters) - Australia and India will push for a free trade pact between their countries, Australian Prime Minister Tony Abbott and Indian Prime Minister Narendra Modi said on Tuesday, during a rare state visit to Canberra by an Indian leader...

Modi, Amit Shah make it to the top of 100 Global Thinkers list

Nov 17, 2014 at 21:42 | Source: FirstPost

Washington: Prime Minister Narendra Modi has been named as the top decision maker in a list of 100 global thinkers by a leading American foreign policy magazine.Modi is placed at the top followed by German Chancellor Angella Merkel and BJP President ...

Sensex, Nifty Hit New Peak; SBI Leads Rally in Banking Stocks

Nov 17, 2014 at 18:00 | Source: NDTV Profit

The BSE Sensex and Nifty rose to record highs on Monday as state-run lenders rallied after State Bank of India reported better-than-expected asset quality in July-September, raising hopes for a revival in a sector laden by bad loans. State Bank of ...

Why SBI Shares Have Hit a 3-1/2 Year High

Nov 17, 2014 at 14:00 | Source: NDTV Profit

State Bank of India, the country's largest bank accounting for about a quarter of loans and deposits, traded at its highest level since April 2011 on Monday, according to Reuters data. The stock has seen buying interest on the back of its Sep...

SBI May Provide $1 Billion Loan for Adani Australia Coal Mine

Nov 17, 2014 at 12:00 | Source: NDTV Profit

Melbourne: Adani Enterprises won support on Monday from the State Bank of India (SBI) and an Australian state to help it build a $7 billion coal mine, defying a slump in coal prices to 5-1/2 year lows that has stalled rival projects. The trading and ...

SBI Q2 Profit Lags Estimates on Rise in Bad Loan Provision

Nov 14, 2014 at 16:00 | Source: NDTV Profit

Mumbai: State Bank of India (SBI), the nation's top lender by assets, reported its second straight quarter of profit on Friday after more than a year in the red, though profit lagged analyst estimates as provisions for bad loans increased. SB...

State Bank of India Q2 Profit Up 30%; Lags Estimates

Nov 14, 2014 at 14:01 | Source: NDTV Profit

Mumbai: State Bank of India (SBI), the nation's top lender by assets, reported a 30.5 per cent increase in quarterly profit, but lagged estimates as provisions for bad loans increased. SBI, which accounts for about a quarter of loans and depo...

Inflation, Factory Output Data, Cabinet Reshuffle Key for Markets: Experts

Nov 09, 2014 at 18:00 | Source: NDTV Profit

New Delhi: Inflation data for October, industrial output numbers for September, quarterly earnings of blue-chips such as Tata Motors, ONGC and State Bank of India (SBI), and the first reshuffle of the Union Cabinet would dictate the stock markets tre...

Now, Pay Rs 20 for More Than 3 ATM Uses at SBI, HDFC Bank, Axis Bank

Nov 09, 2014 at 16:00 | Source: NDTV Profit

Mumbai: Banking consumers will have to pay more if they are prolific with ATM transactions as State Bank of India (SBI) and its private sector peers HDFC Bank and Axis Bank have capped the free usage in six metros at three. The capping and additional...

SBI's Bhattacharya Most Powerful Indian Woman in Business: Fortune

Nov 09, 2014 at 11:59 | Source: NDTV Profit

New Delhi: Arundhati Bhattacharya, the chairperson of State Bank of India (SBI), has been named as the most powerful woman in business in India by Fortune magazine. ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis Bank follow Ms Bhattach...

Sensex Edges Lower on Profit-Taking, US Jobs Data Eyed

Nov 07, 2014 at 16:00 | Source: NDTV Profit

The BSE Sensex edged lower on Friday after setting records in each of the previous four sessions as investors took profits in recent outperformers such as State Bank of India, with caution also prevailing ahead of monthly US jobs data. The Sensex ...

Bank trio weigh UK joint account

Nov 07, 2014 at 12:42 | Source: Calcutta Telegraph News

Mumbai, Nov. 6: Three PSU banks having retail operations in the UK are exploring the possibility of forming a joint venture to meet the new norms of the British regulator. The Bank of England’s Prudential Regulatory Authority (PRA) has asked f...

How Saradha scam money fuelled terror activity in West Bengal

Nov 01, 2014 at 09:51 | Source: FirstPost

New Delhi: The bomb blast at Khagragarh village in Burdwan district and subsequent unearthing of bomb-making units in other districts in West Bengal have exposed a deadly cocktail of hawala operation, money laundering, and round-tripping of illicit m...

From ISIS to SIMI: What makes Hyderabad the back office of terror activities?

Oct 31, 2014 at 13:42 | Source: FirstPost

Hyderabad: The apparently unconnected developments - the arrest of four engineering dropouts from Hyderabad at Kolkata, a former Google employee who allegedly tried to join Islamic State, then arrest of two SIMI activists with Hyderabad links from Ma...

NSA Doval visits Burdwan blast site, meets Mamata Banerjee

Oct 27, 2014 at 21:45 | Source: FirstPost

Kolkata: India's top security and intelligence brass led by National Security Advisor Ajit Doval on Monday visited the Burdwan blast site and met West Bengal Chief Minister Mamata Banerjee, who promised full cooperation in solving the case in which m...

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