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SBI VENTURES CLIMATE
SBI Ventures to manage Rs 20,000 crore Maritime FundSBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Food delivery's war woes; Apple's India ramp upThe Iran crisis will hit food delivery in India as limited cooking gas supplies impact restaurants. This and more in today's ETtech Top 5.
SBI Ventures plans to launch Rs 2,000 crore climate-focussed fund in January-MarchIt will help unlock green growth, a new financial opportunity, SBI Ventures Managing Director and Chief Executive Officer Prem Prabhakar sa...
SBI Ventures plans to launch Rs 2,000 crore climate-focussed fund in Jan-MarchSBI Ventures is set to launch a Rs 2,000 crore fund in the first quarter of next year. This fund will invest in early and growth-stage clim...
State Bank of India unit to raise Rs 2,000 crore for climate fundSBI Ventures Ltd., a unit of State Bank of India, is raising funds for its third climate fund. The fund aims to gather 20 billion rupees. I...
Avaana logs final close of $135-million climate fundThis fund aims to invest in 20-25 early-stage companies working on solutions for energy transition, supply chain, resources, industrial dec...
Battery Smart raises $65 million at $340-million valuationBattery Smart's funding round included investments from Blume Ventures, British International Investment, and Ecosystem Integrity Fund. The...
Mahindra’s Anish Shah is next FICCI PresidentMahindra Group's CEO, Anish Shah, has been appointed as the President-elect of the Federation of Indian Chambers of Commerce and Industry (...
Byju’s India business gets new CEO in Arjun Mohan; IAMAI wants chairperson to be from Indian firmChange is constant at edtech major Byju’s these days. Former UpGrad CEO Arjun Mohan has now been appointed CEO of the company’s India busin...
StepChange raises over $4 million in funding led by BEENEXT and Global Founders CapitalCorporate sustainability platform StepChange has secured more than $4 million in seed funding led by BEENEXT and Global Founders Capital.
Nykaa CEO Falguni Nayar explains fashion foray; Tiger Global’s Scott Shleifer in India next weekNayar spoke to us about the company’s journey towards a market listing, the massive swing from euphoria to caution for new-age tech stocks ...
Govt's SRI Fund commits Rs 5,000 cr to help MSMEsIt has a 'Mother Fund-Daughter Fund' structure wherein SRIF, the mother fund, invests up to 20 per cent of the corpus of the Daughter Fund,...
SBI, EIB to invest up to €100 mn in Indian SMEs focused on climate changeSBI already invests in a vehicle called Neev Funds for its impact investing objectives, and the two entities have created 'Neev Fund II' fo...
SVL secures 25 million euro for Neev-II Fund from EIBSocial impact investing has picked up in India with many funds, both local and global, making a beeline to invest in companies that promise...
Regulatory intervention, high inflation cripple insurance industryThe agent count at Reliance Life Insurance has fallen 26,000, or 8% to 1.24 lakh at the end of March 31, 2013 since 2012 when it sold a 26%...
SBI sees business opportunities in Indian firms' Africa plansSBI Mauritius is a foreign subsidiary of SBI. It began operations as a joint venture with the country's local banking major State Bank of M...
To make SBI leaner, Pratip Chaudhuri is slashing costs for consumers, pruning businessesSBI Chairman is slashing costs for consumers and pruning unprofitable businesses to make the bank more nimble-footed than private players.
- SBI to go back to government again for rights issue approval
SBI chairman expects favourable response from the government and the proposed Rs 20,000 crore rights issue to hit market by next December.