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UB Group takes lenders to court

UB Holdings Ltd and its chairman, Vijay Mallya, have taken the company’s 17 lenders, including SBI Caps Trustee Company, to the Bombay High Court against the recovery process initiated by......

Bankers fret over SBI Caps' Kingfisher loan proposal

For the second time in as many months, SBI Caps is in the line of fire from bankers for approaching them with a raw deal.In January, banks had rejected SBI Caps' initial proposal on Air India's......

AI accepts debt restructuring plan

Air India said on Wednesday it has accepted the corporate debt restructuring package first prepared by SBI Caps and then vetted by Deloitte."Air India has accepted the CDR package submitted by......

SBI Caps to prepare Air India growth plan

Ahead of a high level committee vetting its restructuring plan, government has appointed SBI Caps to prepare a growth plan for the cash-strapped national carrier Air India."We have appointed SBI......

GE Caps, SBI extend ties to insurance

The State Bank of India and GE Capital Services are extending their credit card marketing partnership in India to the insurance sector as a corporate agent.SBI Cards and Payment Services Pvt Ltd is......
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BSE Sensex crashes 654.25 pts to close at 27,457.58 over Saudi Arabia's Yemen strikes, F&O expiry

BSE benchmark Sensex today plummeted over 654 points in its biggest drop in nearly three months to end at 27,457.58 on across the board selling as... ...

http://www.financialexpress.com/article/markets/indian-markets/bse-sensex-drops-over-40-points-ahead-of-march-derivative-contract-expiry/57521/
Bhamre

I Below is the transcript of his interview to CNBC-TV18's Anuj Singhal, Menaka Doshi & Senthil Chengalvarayan. Anuj: Do you think 8350 will hold... ...

http://www.moneycontrol.com/news/market-outlook/skip-buying-large-caps-wont-short-pharma-now-bhamre_1340627.html
SBI drops after decision to prune its stake in general insurance biz

State Bank of India fell 0.73% to Rs 263.40 at 10:53 IST on BSE after the bank said it has decided to dilute its stake in SBI General Insurance... ...

http://www.capitalmarket.com/CMEdit/story2-0.asp?SNo=763367
Nifty below 8,500; Infosys, HDFC Bank down over 1%

Benchmark share indices extended losses tracking weak global cues with financials and select IT majors leading the decline. Markets are likely to... ...

http://wap.business-standard.com/article/markets/nifty-below-8-500-infosys-hdfc-bank-down-over-1-115032600175_1.html
Fund houses push FMPs to meet March demand

MUMBAI: Mutual funds are launching fixed maturity plans (FMPs) ahead of the financial year end on March 31 as investors seek to lock in money in... ...

http://economictimes.indiatimes.com/news/economy/policy/fund-houses-push-fmps-to-meet-march-demand/articleshow/46695383.cms

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