SBI picks right time to pivot, is well-positioned for growth

Feb 12 2018

Recently, SBI reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but he has a good idea of where the bank is headed.

Renewable wind energy: To auction, or not to auction

Feb 09 2018

The trade-off between lower costs and delivering the targeted wind energy capacity needs urgent attention.

India's insular dilemma in neighbouring Maldives

Feb 08 2018

One hopes that Indian diplomats and national-security managers are doing some serious soul-searching about how, why events spun, so swiftly, out of control in Maldives.

Modi hits back at Congress, sets tone for big clash of 2019

Feb 07 2018

Fifty weeks before the next general election for the 17th Lok Sabha and the BJP seems to be ready to don the war paint for 2019 with PM Narendra Modi sounding the bugle.

Expert Views: RBI keeps repo rate on hold, stance as 'neutral'

Feb 07 2018

The RBI kept its key repo rate at 6 pc, and also retained its “neutral” stance, seeking to support economic growth even as inflation has accelerated to a 17-month high.

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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