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Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interestIndia is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a...- Trump returns from China with stability and a stalematePresident Trump's visit to Beijing resulted in a return to the familiar U.S.-China economic and strategic standoff, offering China breathin...
- Bank curbs hit ONGC's plans to gain 20% stake in Russia oilfieldONGC, hindered by banking restrictions, faces challenges in paying its share to the abandonment fund for Russia's Sakhalin-1 field, obstruc...
- IndoStar Capital sells two builder loans to Phoenix ARCThe recovery rate is considered good given that these loans were overdue by around 60 days. "The recovery was good as the loan accounts wer...
- Canara Bank sells stake in Russian joint venture to SBI for Rs 121 croreCanara Bank, in a regulatory filing, said it has received the entire consideration amount equivalent to Rs 121.29 crore on Thursday for the...
- Canara Bank to sell its stake in Russian joint venture to SBI for Rs 114 croreCanara Bank has entered into a share sale agreement in relation to sale of equity shares held by it in Moscow-based CIBL with SBI, the bank...
- Russia-Ukraine tensions: Banks see minimal impact on biz, trade financingThe Commercial Indo Bank, a joint venture between public-sector State Bank of India (SBI) and Canara Bank, is the only Indian bank with a p...
- IndoStar Capital Finance Q3 Results: Profit plunges 40% to Rs 15 croreTotal revenue from operations was up by 4 per cent to Rs 163.8 crore in the October-December quarter of FY22 against Rs 156.8 crore in Q3FY...
- NBFC Shrinithi Capital ties up with IndoStar Capital Finance for Rs 300 crores co-lending arrangementIndoStar Capital Finance is a 10,000 crore net worth company owned by Everstone Capital and Brookfield investment, Canada. The agreement be...
- IndoStar Capital Finance appoints Deep Jaggi as chief business officerJaggi joins from HDB (a wholly-owned subsidiary of HDFC Bank), where he was head of asset finance for the past 10 years and was responsible...
- IndoStar Capital Finance board okays Rs 10,000 crore fund raise plan through bondsThe decision was taken at the company's board of directors meet on August 12 to declare and approve quarterly results for quarter ended Jun...
- What is changing in IndoStar Finance's businessIndoStar now plans to own until maturity about 5 to 10% of the loans it generates, selling large portions of the portfolio instead to banks.
- NCLT permits SBI to withdraw insolvency petition against AnrakOn Wednesday, NCLT Hyderabad bench member Ratakonda Murali ordered the petition as dismissed as it was sought to be withdrawn by the SBI.
- US firm Westinghouse to start working on planned nuclear plant in Andhra PradeshJohn Kerry remarked, "Our civil nuclear cooperation will bring affordable clean energy to tens of millions of Indian households as we move ...
- CPPIB to invest in India's largest realty dealThe entire deal is pegged at Rs 15,000 crore making it the largest commercial real estate transaction in the country, they added.
- Indo-US trade ties will withstand political change: OfficialA senior American official today sought to allay concerns on the future of the Indo-US commercial ties, saying they are "secure" and will w...
- PM Modi's Iran visit may seal deal on Chabahar PortIndia and Iran will also look to expand their partnership to counter terrorism and cyber crime, they said.
- NBFCs diversify business to qualify for banking licence“NBFCs with a balance-sheet size of Rs 20,000 crore would be aspiring to become banks,” said Ashwin Parekh.
- US yet to approve SBI, BoB plans to open additional branchesThe United States has not yet given approval to State Bank of India and Bank of Baroda for opening additional branches, the Rajya Sabha was...
- SBI’s Indonesia, Kenya buys in limboIndia’s largest bank State Bank of India appears to be on course to pull back from the acquisition of two banks in Indonesia and Kenya, ann...
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