TCS, 6 Others Add Rs. 44044 Crore to Market Value in a Week
Nov 23, 2014 at 19:59 | Source:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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:
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...
NSA Doval visits Burdwan blast site, meets Mamata Banerjee
Oct 27, 2014 at 21:45 | Source:
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...