Business Finance
India’s biggest public sector bank, State Bank of India (SBI), is set to kick off a major share sale worth approximately ₹25,000 crore (~US $2.9 billion) through a Qualified Institutional Placement (QIP), potentially as early as next week. The bank’s board has already given the green light, and SBI is now engaging with institutional investors for what may […]
State News West India
Following the tragic bridge collapse in Gujarat, Chief Minister Bhupendra Patel has announced an ex-gratia compensation of ₹4 lakh for the families of those who lost their lives and ₹50,000 for those injured. The announcement comes as rescue operations continue and authorities begin a deeper investigation into the cause of the disaster. Gujarat Bridge The […]