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Top seven companies add Rs 44,044 crore to investor wealth; <strong>SBI</strong> shines

Top seven companies add Rs 44,044 crore to investor wealth; SBI shines

23 Nov 2014

New Delhi: With markets continuing their dream run, seven of the ten most valued companies together added Rs 44,043.91 crore in market valuation, with state-run SBI emerging as the biggest gainer.

SBI,   Infosys,   Coal India,   ONGC,   TCS,   RIL,   ITC,   HDFC,  ICICI ,  
Finance Minister discusses steps to control rising NPAs with PSU bank chiefs

Finance Minister discusses steps to control rising NPAs with PSU bank chiefs

20 Nov 2014

New Delhi: Concerned over rising bad loans, Finance Minister Arun Jaitley on Thursday discussed with PSU bank heads ways to bring down the incidence of Non-Performing Assets (NPAs).

Finance Minister,   Arun Jaitley,   Non-Performing Assets,   PSU bank,   NPA,  
No Government role in <strong>SBI</strong> loan agreement with Adani: Prasad

No Government role in SBI loan agreement with Adani: Prasad

21 Nov 2014

New Delhi: Dismissing questions raised by Congress over SBI signing an MoU for extending USD 1 billion loan to Adani Group, Union Minister Ravi Shankar Prasad said the state-run bank takes its own commercial decisions and asserted the government had no role in it.

No Government role,   SBI,   loan agreement,   Adani,   Ravi Shankar Prasad,   deal,   business,  
RBI unlikely to cut rate in next policy review: <strong>SBI</strong> chief

RBI unlikely to cut rate in next policy review: SBI chief

20 Nov 2014

New Delhi: Ahead of the monetary policy review, SBI Chairperson Arundhati Bhattacharya on Thursday said RBI may leave interest rate unchanged in the next review but could soften its stance by end of the current fiscal.

monetary policy review,   RBI will cut interest rate,   SBI Chairperson,   Arundhati Bhattacharya,   leave interest rate unchanged,   fall in inflation,   RBI Governor,   Raghuram Rajan,   ,  
<strong>SBI</strong> shares hit 52-week high, up over 4 percent post healthy earnings

SBI shares hit 52-week high, up over 4 percent post healthy earnings

17 Nov 2014

Mumbai: Shares of country's largest lender State Bank of India on Monday rose by over 4 percent to touch its 52-week high level on the back of the company reporting 31 percent jump in its net profit in the September quarter and improvement in the asset quality.

State Bank of India,   NSE,   SBI Chairman,   Arundhati Bhattacharya,   Sensex,   Nifty ,  
NTPC raises about Rs 3,100 crore through bonds in global markets

NTPC raises about Rs 3,100 crore through bonds in global markets

20 Nov 2014

New Delhi: The country's largest power generating company NTPC on Thursday announced raising USD 500 million (about Rs 3,100 crore) through medium term bonds offering in the international ma

country's largest power generating company,   NTPC,   medium term bonds offering,   international markets,   bond transaction with an initial price guidance,   US Treasuries,   Arup Roy Choudhury,   Kulamani Biswal,   Barclays,   Citigroup,   Deutsche Bank,   HSBC,   SBI Capital Markets,   acted as joint book-runners,   lead managers,   ,  
<strong>SBI</strong> Q2 Net rises 31 percent to Rs 3,100 crore

SBI Q2 Net rises 31 percent to Rs 3,100 crore

14 Nov 2014

New Delhi: Country's largest bank State Bank of India (SBI) on Friday reported 30.5 percent growth in net profit at Rs 3,100.41 crore for the quarter ended September 30.

State Bank of India,   SBI,   net profit,   Q2,   second quarter,   profit,  
UTI Mutual Fund revives IPO plan, expects Finance Ministry nod in a month

UTI Mutual Fund revives IPO plan, expects Finance Ministry nod in a month

12 Nov 2014

New Delhi: The country's oldest fund house, UTI Mutual Fund, is reviving its initial public offer (IPO) plan and expects approval from the finance ministry in a month.

UTI Mutual Fund,   IPO,   Finance Ministry,   SEBI,   SBI,   PNB,   BoB ,  
Sensex hits new high as WPI falls to 5-year low, good earnings

Sensex hits new high as WPI falls to 5-year low, good earnings

14 Nov 2014

Mumbai: Stock markets on Friday surged to new highs with benchmark Sensex rising over 106 points to close at 28,046.66 after WPI inflation cooling to a 5-year low in October strengthened hopes of a rate cut while good earnings from bluechips like SBI boosted the sentiment.

Stock markets,   Sensex,   Stock close,   WPI inflation,   Rate cut,   Bluechip companies,   SBI,  
Oman-India joint venture to raise USD 250 million for 'Make in India' campaign

Oman-India joint venture to raise USD 250 million for 'Make in India' campaign

14 Nov 2014

Dubai: A joint investment fund set up by SBI and Oman's sovereign fund will raise its corpus by USD 250million for a special purpose vehicle (SPV) to capitalise on the new government's 'Make in India' initiative.

Joint venture,   SBI,   Oman's sovereign fund,   USD 250 million,   Special purpose vehicle,   SPV,   Make in India,  

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