Sbicap

The the Securities and Exchange Board of India issued the settlement order on June 12

SWAMIH Fund exits from its investment in Mumbai's housing project CCI Rivali Park

The fund achieved it’s twin targets – of completing the project and redeeming its investment successfully, the finance ministry tweeted

SBICAP Ventures completes 1,100 stuck homes in five stressed projects

SBICAP Ventures, the manager for the government's Rs 25,000 crore stressed-asset fund, plans to complete 10,000 homes by the end of the financial year.

SBICap Ventures starts disbursement of funds for six projects of stuck Amrapali Group

SBICap had on August 4 signed an MoU with the court receiver appointed by the Supreme Court to monitor stuck Amrapali projects for funding Rs 650 crore for six projects in Noida and Greater Noida.

Exclusive | After SWAMIH Fund, 10 banks show interest in funding stalled Amrapali projects

These banks include HDFC, Axis and Punjab National Bank, NBCC sources have said

FM Sitharaman: Govt's SWAMIH Fund to invest Rs 650 crore in six stuck Amrapali projects, complete 7,000 homes

SBICAP Ventures, the manager for the government's Rs 25,000-crore stressed-asset fund, had on August 4 signed a MoU with the court receiver appointed by the Supreme Court to monitor stuck Amrapali projects for funding Rs 650 crore for six projects in Noida and Greater Noida.

SWAMIH Fund to deliver over 6,000 housing units by end of FY22; 1,310 to be completed by April 2021

The trust has so far given approvals to 164 projects involving an investment of more than Rs 15,000 crore, which will help complete around 1,00,000 homes

Exclusive | At least 13 Delhi-NCR projects accorded final approval under SWAMIH Fund

A majority of the projects considered for stress funding had RERA and NCLT cases pending against them

33 housing projects worth Rs 4,197 crore accorded final approval under SWAMIH Fund: Finance Minister

As many as 123 projects have been sanctioned, including final approval to 33 projects, with an investment of Rs 12,079 crore that would target to provide relief to 81,308 homeowners

Amrapali case: SC directs SBICap to fund Rs 625 crore for six projects

SBICap to be paid 12 percent internal rate of return, but no payment to be made for professional expertise or for monitoring the project

Amrapali case: SC asks SBICap to begin funding six projects

The Supreme Court-appointed court receiver in the Amrapali Case had submitted an application to SBICap to fund stuck projects in May

101 stressed housing projects receive Rs 10,300 crore sanction under SWAMIH scheme

The fund will enable completion of 71,559 dwelling units across various parts of the country, the finance ministry said

SBICAP Ventures considering 10 incomplete projects of Amrapali: Sources

At the Amrapali case hearing on June 3, SBICAP Ventures had informed the Supreme Court that it would create a Special Purpose Vehicle (SPV) with the court receiver and appoint a CEO to take over the construction of stalled projects in Noida and Greater Noida.

SBICap stressed fund receives 100 fresh applications; number likely to double

The fund has received applications from both Tier 1 and Tier 2 cities such as Jaipur, Karnal, Mohali and Panchkula, Nagpur and Nasik. Smaller developers facing challenges to comply with the initial due diligence process

SBICAP Ventures lowering IRR to 12% for Rs 25,000 crore stressed asset fund not enough: Realtors

While some real estate experts said SBICAP’s decision to reduce IRR to 12 percent is a positive move, others said many issues such as lenders not willing to give a no objection certificate (NoC) still remain.

IFCI-led consortium puts Sravanthi Energy on the block: Sources

IFCI, Axis Bank, PNB, Canara Bank, IOB, SBM are among the lenders to the company. Sravanthi Energy has a 450 MW thermal power project in Uttarakhand and the company has a debt of over Rs 1,320 crore and is already declared as a non-performing asset (NPA).

Confusion over what happens to ‘Kingfisher‘ trademark persists

There is still confusion over the future of ‘Kingfisher‘ trademark for the United Breweries beer category, reports CNBC-TV18‘s Varinder Bansal.

Pawan Hans explores IPO, plans foray into MRO business

Pawan Hans is reviewing the prospects for an Initial Public Offer (IPO) with SBICap and the "work plan for the same is being prepared with a time-bound manner," an official release said today.

Sectors you should bet on in 2016: SBICap

With most analysts expecting markets to stay in a range this year, a stock and sector specific investing approach will likely hold up well in 2016.

Earnings momentum yet to build up: SBICap

In an interview to CNBC-TV18, Mahantesh Sabarad, Deputy Head of Research, SBICap Securities shares his outlook for the equity market.

SBICAP invokes pledge of 11.55 cr shares in Kingfisher

Promoters hold 30.14 percent stake in Kingfisher, as per the company's December quarter shareholding pattern. Burdened under huge losses and large debts, the airline stopped flying in October 2012 and its flying licence also lapsed about two months later.

Hind Copper share sale subscribed 69% till noon

The issue received bids for over 2.56 crore shares, or 69 percent, of the 3.71 crore shares on offer at 1225 hours, according to data from stock exchanges. The indicative price was Rs 70 apiece, which was also the base price for the share sale.

HDFC Bank Q4 net hits 30% magic figure but shares fall 2%

HDFC Bank continued to maintain its pace of growth. It reported 30 percent year-on-year rise in its fourth quarter (January-March) net profit at about Rs 1,890 crore, aided by robust interest and other income. Since last one decade, net profit has been growing in the range of 30-32% each quarter.

HUL may see single digit volume growth going ahead: SBI Cap

Sagarika Mukherjee of SBICap Securities, says that the volume growth reported in this quarter was 5 percent which is lower than the first half volume growth of 7 percent. We project close to mid single digit volume growth going forward and price-led growth in soaps and detergents category going forward.