State Bank of India raised $1.25 billion through bonds from overseas market. Bonds were listed at India International Exchange IFSC Ltd, a subsidiary of BSE, at Gujarat International Finance Tec-City (GIFT City) IFSC.
State Bank of India, CFO- Prashant Kumar.
The Reserve Bank has approved the appointment of V Vaidyanathan as MD and CEO of IDFC First Bank for a period of three years . Prior to this, he was the founder and chairman of Capital First.
IDFC Bank and NBFC Capital First merged to IDFC First bank.
PM Modi inaugurated the country’s first National Museum of Indian Cinema (NMIC) at Films Division of India premises in Mumbai. The government will soon start a single window clearance and a portal for the Indian film industry.
Information and Broadcasting Minister Rajyavardhan Rathore.
The government has approved setting up of three new naval air squadrons in Gujarat and Tamil Nadu as part of efforts to bolster the Indian Navy's overall strength. A contract for procurement of 12 Dornier aircraft was signed with HAL two years back.
Dornier Do 228 is a twin-turboprop STOL utility aircraft.
A water-repelling, biodegradable material inspired by lotus leaves has been developed by a joint team of researchers from India, Switzerland and Italy. A technique called soft lithography was used to create micro-pillars of cellulose.
Dr. Athanasios Milionis was the lead researcher of the study.
India and Uzbekistan signed a deal for long-term supply of uranium from the resource rich Central Asian country to power its domestic atomic reactors. After Kazakhstan, Uzbekistan will become the 2nd Central Asian country to supply uranium to India.
Uzbekistan is the 7th largest exporter of uranium in the world.
Acc. to Engg. major Larsen & Toubro (L&T) market regulator SEBI has denied permission for its Rs 9,000 crore share buyback offer. L&T proposed to buy back up to 6.1 crore shares from shareholders at a price of Rs 1,475 per equity share.
SEBI Chairman-Ajay Tyagi.
Flipkart’s Singapore-incorporated parent has infused ₹ 1,431 crore ($201 million) into its wholesale entity in India amid an intensifying and costly battle for market share with Amazon.com Inc.
Flipkart Group CEO-Kalyan Krishnamurthy.
Private lender HDFC Bank reported a 20.3% growth in net profit to ₹5,585.9 crore for the third quarter ended December 31, mainly on higher net interest income. Total income rose to ₹30,811.27 crore during the December quarter.
Aditya Puri- Managing director,HDFC Bank.
PM Narendra Modi inaugurated the Armoured Systems Complex (ASC), developed by Larsen & Toubro (L&T) at Hazira near Surat in Gujarat. It is the country’s first private facility where the K9 Vajra self-propelled Howitzer guns will be manufactured.
Keshab Panda- CEO & Managing Director of L&T Technology services