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SBI is set to raise Rs 45,000 crore from capital markets, including a Rs 25,000 crore QIP, potentially the largest in India. This equity dilution of 3.3% follows board and shareholder approvals. The floor price is Rs 811.05 per share, with a possible 5% discount.
It also plans to set up a sales office in Mumbai in H2 of this year
Oil Board prototype gives an indication regarding the amount of fat in commonly eaten snacks such as samosa and pizza
The founders are preparing to sue Glas Trust and others in India as well as in foreign countries
Anti-GM activists object to GM maize trials by PAU, citing risks and violation of state prohibitory orders on glyphosate
The RBI, on behalf of the government, sought to buy three G-Secs — 7.27 per cent GS 2026; 5.63 per cent GS 2026; and 6.99 per cent GS 2026
Company launches exclusive range of sophisticated and advanced golf and lifestyle carts for the global markets
Sanghi Industries shareholders will receive 12 Ambuja shares for every 100 Sanghi shares they hold
Bad loans surge to ₹8,200 crore in Q1, recoveries fall to ₹2,147 crore
Phase II expansion to further reinforce the company’s position as a pan-India pure-play cement player
Says client concentration is in line with that of large-cap IT services players
Surplus rain in central and north-western parts of the country helps improve the level
The bank made the observations in the preliminary placement document for its ₹25,000-crore QIP
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