Mumbai, Dec 28 (IANS) Bajaj Finance was among the major losers last week as the combined market valuation of seven of India’s top-10 most valued companies fell by Rs 35,439.36 crore amid a muted trend in equities during a holiday-shortened week.The market capitalisation of Bajaj Finance declined by Rs 5,102.43 crore, taking its total valuation to Rs 6,22,124.01 crore, according to official data.The broader market, however, showed limited gains, with the BSE benchmark index rising marginally by…
Latest State Bank of India News & Updates
Hyderabad, Dec 24 (IANS) The Directorate of Enforcement (ED) restored properties valued at Rs 63.05 crore to the State Bank of India and UCO Bank in connection with a money laundering investigation against G. S. Oil Limited. ED’s Hyderabad Zonal Office completed the process of restitution of attached properties valued at approximately Rs. 63.05 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2022, to the State Bank of India (Rs. 62.30 crore) and UCO Bank (Rs. 75 la…
New Delhi, Dec 24 (IANS) The National Highways Authority of India (NHAI) on Wednesday said it has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT).According to Ministry of Road Transport and Highways, the Public InvIT aims to unlock monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and …
Mumbai, Dec 22 (IANS) Indian stock markets ended on a strong note on Monday, extending the gains seen in the previous session, even as global cues remained mixed. Buying interest in information technology and metal stocks helped push the benchmark indices higher.Positive sentiment was also supported by optimism around the signing of the India–New Zealand free trade agreement, which boosted investor confidence.The Sensex closed at 85,567.48, rising by 638.12 points, or 0.75 per cent. Similarly,…