SBI board approves ₹60,000 crore debt fundraising plan for FY27

State Bank of India approves plan to raise up to ₹60,000 crore via debt instruments in FY27, targeting domestic and overseas investors pending approvals.

State Bank of India approves plan to raise up to ₹60,000 crore via debt instruments in FY27, targeting domestic and overseas investors pending approvals.

Shares of New India Assurance are the top gainers on the Nifty 500 in today’s trading session. The stock is also gaining on strong volumes today.

Nykaa said it is targeting gross merchandise value (GMV) of over ₹500 crore across its Beauty and Fashion businesses by FY30, led by strong expansion across categories and channels.

Muthoot FinCorp Tranche IV NCD issue opens June 19 with yields up to 9.25%, rated AA Stable, offering multiple tenures and BSE listing for investors.

JPMorgan sees Chinas crude imports rebounding from August after an eight year low, trims long term fuel demand outlook, and highlights PetroChina, Nan Ya Plastics and LG Chem as key picks

Under the agreement, the current 150% import duty on Scotch whisky and gin will be cut to 75% immediately upon implementation. The tariff will then be gradually reduced to 40% over the next 10 years.

Dalal Street investors Ashish Kacholia, and Vikas Khemani had a 3.04% and 2.39% stake in Man Industries at the end of the March quarter respectively.

Jahangir Aziz, Co-head of Macroeconomic Research at JPMorgan, said that India continues to face challenges from weak capital flows and could face risks from a fresh round of US tariffs expected later this year.

A minimum of 10% of the shares on offer are reserved for retail investors, classified as those who have an authorized share capital of up to ₹2 lakh. Bosch Home Comfort plans to sell 19.63 lakh shares through this OFS.

Indian rupee opens lower against US dollar as Fed signals hawkish rate outlook, dollar gains despite support from lower crude oil prices.