Jefferies hosted the the chairman, deputy managing director (finance), and chief financial officer of SBI for a non-deal roadshow (NDR) in the US and UK. During the NDR, two topical issues were discussed: the risk from SBI’s exposure to the Adani Group, and the bank’s plans for a capital raise. The management of SBI clarified […]
Indian benchmark indices are likely to open on a muted note on Monday, hinted SGX Nifty. On the Singapore Exchange, Nifty futures were trading lower at 17813. In the previous session, BSE Sensex rallied 910 pts or 1.52% to 60,842, while NSE Nifty 50 jumped 1.4% to 17,854. “Banking stocks will react on Monday to […]
Engineering & Construction company Kalpataru Projects International Limited (KPIL) on Friday said that it has secured new orders/notification of awards of Rs 3,244 crore, along with its Joint Ventures (JVs) and international subsidiaries. The new orders include, orders in Buildings & Factories (B&F) business including KPIL’s largest ever design and build contract for construction of […]
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