ED had earlier transferred Mallya-owned UBL shares worth about Rs 6,624 crore to the SBI-led consortium on directions of a special PMLA court that is hearing his case in Mumbai.
47 of 48 analysts recommend buy and 1 has a hold rating — a ratio of 98% that’s the highest since June 2004. SBI posted a record profit in the latest quarter that beat estimates.
SBI needs to finance coal projects to meet Modi's push to electrify more homes, yet it wants to back renewable projects to appease investors restricting support to firms involved in coal.
The total number of daily cases being reported across India is nearly 300 per cent higher as compared to last year, meaning they will exert pressure on rural health infrastructure.
SBI drafted in-principle agreement with Adani in 2014 for $1bn facility & brought in several banks for funding as part of consortium. The plan has had several iterations since then.
Justice Prateek Jalan passed the order on a plea by erstwhile directors of the 3 companies challenging a 2016 circular of RBI regarding declaration of accounts as fraud by banks.
BlackRock & Norway’s Storebrand have raised concerns about SBI's proposed Rs 5,000 cr-loan to Adani Enterprises for its Carmichael coal mine in Australia.
SBI, which posted a better than expected profit, estimates a further Rs 200 billion of loans to sour in the next 6 months as Covid continues to impact borrowers.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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