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SBICAPS APPOINTMENT
SBICAP Securities appoints Bhuvaneshwari A. as Managing Director & CEOSBICAP Securities has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer. She brings over three decades of...
Govt appoints Rajay Kumar Sinha as new member finance at IRDAIThe government has recently announced the appointment of Rajay Kumar Sinha as the member of finance and investment at the Insurance Regulat...
SBI to acquire 20% additional stake in SBI Pension Funds for around Rs 230 croreCurrently, SBI holds a 60% stake in SBI Pension Funds. The bank will acquire the 20% stake held by SBICAPS, its wholly-owned subsidiary. Be...
Equitas Holdings to fully divest stake in subsidiary ETPL ahead of merger with Equitas SFB"Since ETPL is not engaged in financial services, the company is required to fully divest its investment in ETPL. Accordingly, the board of...
Issue Rs 625 crore from SWAMIH fund for six Amrapali projects: SCAfter hearing the parties, the apex court directed that the SBI Caps will issue fund to the tune of Rs 625 crore from the SWAMIH Investment...
ICICI Bank, HDFC appoint bankers for fundraisingBoth entities are expected to sell securities in 1-2 months as they gear up for a possible spurt in demand for loans once economic activiti...
SC directs transfer and probe to ED of all home buyers' cases against Amrapali groupA bench of Justice Arun Mishra and U U Lalit gave its direction on an application filed by EOW of Delhi police seeking clarification saying...
ED attaches JP Morgan assets worth Rs 187 crore, MNC in Supreme Court denies wrong doing in Amrapali caseThe firm, JP Morgan India on other hand denied any wrong doing and said that attachment of properties by the Enforcement Directorate is bla...
AIF hopes to unlock Rs 26,000 Cr stuck in stalled housing projectsThe alternative investment fund is taking multiple steps so that it has complete control of the disbursement and the end use of the funds. ...
NCDs preferred route for government AIF to invest in stuck realty projectsGovernment expects 15-17% returns from last-mile finance; fund gets first charge on project. While the fund will preferably offer last-mile...
SC asks SBICAP Ventures to take call in 10 days on funding Amrapali projectsThe top court directed court receiver senior advocate R Venkatramani, who has been appointed custodian of properties of Amrapali Group, to ...
GHMC to raise Rs 2,500 crore via rupee term loanSBI Capital Markets (SBICAP) has been appointed as the arranger to raise the funds.
Pawan Hans stake sale: Government extends EoI deadline by a weekThis is the second time the date has been extended.
Banks take over Kingfisher Villa, Vijay Mallya's beachside property at GoaNorth Goa collector Neela Mohanana had on Wednesday given her nod to SBICAP to take over the property even “if required by force”, sources ...
Pawan Hans IPO likely next fiscalTo raise funds for its expansion plans, helicopter operator Pawan Hans expects to come out with initial share sale next fiscal, according t...
SBI names Praveen Gupta as new MD and CEO of SBI Capital MarketsThe State Bank of India has named Praveen Gupta as its new managing director and chief executive of its merchant banking arm, SBI Capital M...
- SBICAP executes power project mandate in Africa
SBI Capital Markets Limited (SBICAP), on Monday said that it has been appointed as the financial advisor by Botswana Power Corporation (BPC...