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SBI raises $650 mn in maiden green bond sale; to finance projects that do not emit toxic elements
With this issue, SBI will become compliant with the global standards as prescribed by the Climate Bonds Initiative, a global not-for-profit investor-focused organisation
Hike in minimum support price of cotton will make fibre expensive, may hit textile sector, says industry body CITI
Hike in minimum support price of cotton would make Indian cotton fibre relatively expensive with respect to international prices and inflate prices of its products, CITI said
GIC Re's IPO: Govt seeks to raise up to Rs 11,370 cr from state-run reinsurer, to offload 14.2% stake
GIC Re set a price range of 855-912 rupees a share for its IPO that will run from 11-13 October,
Citi invests in blockchain company Cobalt ahead of second round of funding
Citi's support is the latest step forward for Cobalt, is one of several initiatives in this area to deliver promised savings on processing currency trades.
The last 15 years have been good for Sensex, FIIs and others, with uncertain future ahead
Stock market participants and analysts are hopeful about the turnaround in equity markets in the year 2016, as the government is expected to take more proactive steps on the reforms front, which would once again put Indian markets back on the foreign investors' radar
Greek finance minister quits to smooth talks after 'No' vote
In a parting blog post celebrating the Greek 'Oxi' ('No') vote, Varoufakis said Greeks had taught Europe a lesson in democracy and should now demand better financial rescue terms.
Greeks say 'No': Sensex falls 300 points but experts confident about India's resilience
Other Asian indices, Japan's Nikkei was down 2 percent and China's Hang Seng dropped 3.3 percent
Citi trims year-end Sensex target to 33,200; says investor faith turning fickle
The govt has got "little logjammed" on various reform measures, says the brokerage
Late to party, global banks now scramble to get a pie of Indian start-up M&As
Many large global investment banks have stayed away from work in the emerging sector though due to the relatively small deal sizes.
HDFC Bank raises Rs 9,880 cr via QIP, ADR issue
HDFC Bank today raised Rs 9,880 crore in the largest share sale in the secondary market by a private entity to overseas and domestic investors
Google most attractive employer for Asia-Pacific grads; Indian firms don't make the cut
Google is followed by Deloitte, Citi, Apple and P&G in the top-five firms for business students. Among engineering and IT students, Google is followed by Apple, Microsoft, Samsung and BMW.<br />
Cadbury House to Express Towers: Prime Mumbai properties still in demand
Prime properties are still fetching good vale in this land-starved megapolis even as rentals are seem to be falling, going by the the recent trend of landmark buildings changing hands, experts have said.
ICICI Bank raises $750 mn from sale of overseas bonds
Private sector lender ICICI Bank said today that its Dubai branch has raised USD 750 million in a 5.5-year overseas bond sale at a coupon of 4.80 percent.
JM Financial is Pandit's first public investment since Citi ouster: All you need to know
JM Financial would also nominate Pandit as the non-executive chairman of the NBFC
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India
JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Foreign investors think India is a 'tease market'. Here's why
Brokerage Citi today said some investors in Europe referred to India as a 'tease' market, which is on the radar once again due to lower commodity prices, expansionary global monetary conditions and prospects of a good monsoon.
Citi expects Sensex to hit 20,800 by Dec 2013
India in 2013 will be cacophonous; a mix of politics, impending elections, reforms and economic revival expectations, Citigroup said in report.<br /><br />
Boardroom coup: 'Citi chairman planned Pandit's exit for months'
The chairman manoeuvred behind the scenes for months ahead of that day to force Pandit out and replace him with Michael L. Corbat, the board's chosen successor, the NYT reported
Citi buy on JSPL foolhardy? Coalgate could go the 2G way
Citi's buy advice on JSPL may be discounting the future shocks too easily.