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SBI raises $1 b in overseas bonds issue
State Bank of India (SBI), the nation’s biggest lender, has raised $1 billion (nearly Rs 4,700 crore) from overseas investors after selling bonds that will mature in five years. The bank will use the proceeds to fund the expansion of Indian companies overseas as well as its own growth outside India, including acquisitions. SBI leads banks on tri-strategy for airline debt The bond sale, executed
State Bank of India (SBI), the nation’s biggest lender, has raised $1 billion (nearly Rs 4,700 crore) from overseas investors after selling bonds that will mature in five years. The bank will use the proceeds to fund the expansion of Indian companies overseas as well as its own growth outside India, including acquisitions. SBI leads banks on tri-strategy for airline debt The bond sale, executed
Dabur India: Small can be beautiful
The plan to acquire a West Asian cosmetics company is in line with the company’s strategy.
The plan to acquire a West Asian cosmetics company is in line with the company’s strategy.
CDSL to stay independent, says BSE
The Bombay Stock Exchange (BSE) said it’d keep Central Depository Services Ltd (CDSL) as an independent entity even after acquiring a controlling stake, addressing worries that the latter would
Khazanah's business style: Investment, not control
Buying more in Parkway under a long-term investment plan.
Buying more in Parkway under a long-term investment plan.
SBI plans wealth management services for rich clients
State Bank of India, the country’s largest lender, plans to offer wealth management services to its affluent clients, chairman Om Prakash Bhatt said at the bank’s annual meeting of shareholders.
State Bank of India, the country’s largest lender, plans to offer wealth management services to its affluent clients, chairman Om Prakash Bhatt said at the bank’s annual meeting of shareholders.
JSW Energy to acquire 70% stake in Indian Ocean Mining
JSW Energy today announced that it had entered into a memorandum of understanding (MoU) with Osho Venture FZCO, Dubai and Indian Ocean Mining (Pty) Ltd, South Africa (IOM) to acquire 70 per cent
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