MARKETSSBI Sanctions Rs 10,050 Crore to DVC for 1,600-MW Jharkhand Plant, Shares Trading FlatAli WaghbakriwalaSeptember 13, 2024September 13, 2024 by Ali WaghbakriwalaSeptember 13, 2024September 13, 202411015 Shares of State Bank of India (SBI) are trading flat after touching a day’s high of Rs 791.90 on 13th September. This follows the company’s...
BUSINESSState Bank of India Set to Acquire 20% Stake in SBI Pension FundsAli WaghbakriwalaDecember 5, 2023December 5, 2023 by Ali WaghbakriwalaDecember 5, 2023December 5, 202302409 State Bank of India (SBI), on 5 December, announced its desire to acquire a 20% stake in SBI Pension Funds, which is held by SBI...
INDIAGovt Agrees on 27th Tranche of Electoral Bonds; Sale Starts TodayChinmay BohraJuly 3, 2023July 3, 2023 by Chinmay BohraJuly 3, 2023July 3, 202303939 The government gave a green signal to the issuance of the 27th tranche of electoral bonds that will begin sale today. This progress comes before...
MARKETSBank of Baroda Crosses Rs 1 Lakh Crore Market Cap, Second Public Bank to do soChinmay BohraJune 19, 2023June 19, 2023 by Chinmay BohraJune 19, 2023June 19, 202302535 Bank of Baroda (BoB) became the second public sector undertaking (PSU) bank after the State Bank of India (SBI) hit the Rs 1 Lakh Crore...
MARKETSSBI Hits More Than 3-Month High Ahead of Q4 Results, Shares Up 8% in 1 MonthNileshMay 16, 2023 by NileshMay 16, 202302644 Shares of State Bank of India (SBI) hit a more than three-month high of Rs 590.10 in intraday trade on Tuesday, rising 1.4% ahead of...
MARKETSITC Extends Rally, Hits New Highs, Share Soars 25% So Far in 2023NileshApril 27, 2023 by NileshApril 27, 202301956 Shares of ITC continued to move north, hitting a fresh high of Rs 416.50, gaining 1% in intraday trade on Thursday on strong earnings expectations....
BUSINESSRBI to Set Up Portal to Search Unclaimed Deposits in Multiple BanksNileshApril 6, 2023April 6, 2023 by NileshApril 6, 2023April 6, 202302420 On Thursday, the Reserve Bank of India (RBI) announced a centralised portal for accessing details of depositors’ or their beneficiaries’ unclaimed deposits across banks. As...
BUSINESSPNB Raises Rs 974 Crore Via AT-1 Bonds at 8.75% CouponNileshMarch 25, 2023 by NileshMarch 25, 202301865 On Friday, state-owned lender Punjab National Bank raised Rs 974 crore via additional tier-1 bonds at a coupon rate of 8.75%, 35 basis points (bps)...
MARKETSUTI AMC Share Surges 8% After PPFAS MF Buys 1.1 Million Shares in Block TradeNileshMarch 21, 2023March 21, 2023 by NileshMarch 21, 2023March 21, 202301575 UTI Asset Management (AMC) shares surged 8% to Rs 687.30 on the NSE in intraday trade on Tuesday after PPFAS mutual funds bought 1 million...
MARKETSYes Bank Shares Fall 13% Intraday as 3-Year Shareholder Lock-in Period EndsNileshMarch 13, 2023March 13, 2023 by NileshMarch 13, 2023March 13, 202301824 Shares of YES Bank fell 13% to an 8-month low of Rs 14.40 on the BSE in intraday trade on Monday after a three-year lock-in...