Business

MUMBAI State Bank of India (SBI) said it has raised ₹25,000 crore through qualified institutional placement (QIP) of its equity shares, the largest QIP ever executed in the Indian capital markets.  The equity shares were priced at premium to floor price of ₹811.05 per share. “The book received robust demand and was oversubscribed 4.5 times,

The domestic wind energy sector has voiced operational concerns regarding a recent draft amendment by the Ministry of New & Renewable Energy’s (MNRE) towards boosting domestic manufacturing. The draft mandates rapid localisation of key wind turbine components for inclusion in the Revised List of Models and Manufacturers (RLMM). Industry players said a phased and

The Independent Expert Working Group (IEWG) constituted by the Telangana Government to study the Socio-Economic, Education, Employment, Political and Caste Survey (SEEEPC survey) has submitted a 300-page report with its findings to Chief Minister A Revanth Reddy. The findings of the survey will help the government in formulating policies and streamlining and bettering existing ones

Electricity has been categorised as a high volatile commodity, thereby attracting a high initial margin requirement. This will discourage undue speculative activity. Additional margins may be imposed in times of heightened volatility, says SEBI Chairperson | Photo Credit: ANI Securities and Exchange Board of India (SEBI) may impose higher additional margins for electricity futures in

With the duration and frequency of cough episodes increasing among Indians since the onset of COVID-19, Kenvue, the world’s largest consumer health company by revenue and makers of Benadryl cough syrup, has announced ‘Cough Clinics’, an industry-first initiative in association with the Association of Physicians of India (API). As part of this scientific initiative, Kenvue

From the Sensex firms, Sun Pharma, Tata Motors, Kotak Mahindra Bank, Trent, NTPC and Bharat Electronics were among the gainers. Equity benchmark indices Sensex and Nifty started the day on a firm note on Thursday (July 17, 2025) but later faced selling pressure, with investors remaining in a wait-and-watch mode, as hopes are pinned on

Shares of the country’s largest bank were trading at ₹831, up 1.74% over the previous close on the Bombay Stock Exchange. File | Photo Credit: Reuters Country’s largest bank State Bank of India (SBI), on Wednesday (July 16, 2025), said it will raise up to ₹20,000 crore via the issue of bonds to domestic investors in