Jet Airways resolution: SC directs new owners to deposit ₹150 crore in SBI’s escrow account by Jan 31

The Supreme Court on Thursday instructed Jalan-Kalrock consrotium, the new owners of the cash-strapped Jet Airways, to deposit ₹150 crore in SBI’s escrow account by January 31. If the company fails to make the payment in said time then the consortium is not in compliance with the terms of resolution plan for reviving Jet Airways.

The top court also refused to allow the separate plea of the Jet Aircraft…
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Source: https://www.livemint.com/industry/apex-court-directs-jet-airways-new-owners-depositing-rs-150-crore-by-jan-31-in-sbis-escrow-jalan-kalrock-consortium-11705590820491.html

Luthra assists SBI on financing Hinduja Renewables Energy and Solarfield Energy – Bar & Bench – Indian Legal News

Luthra assists SBI on financing Hinduja Renewables Energy and Solarfield Energy  Bar & Bench – Indian Legal News
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Source: https://www.barandbench.com/law-firms/dealstreet/luthra-assists-sbi-on-financing-hinduja-renewables-energy-and-solarfield-energyR
https://www.barandbench.com/amp/story/law-firms/dealstreet/luthra-assists-sbi-on-financing-hinduja-renewables-energy-and-solarfield-energy

Jet Airways revival plan has hit air pocket, SBI-led lenders tell Supreme Court

NEW DELHI: The plan to revive bankrupt Jet Airways appeared in choppy waters as financial creditors led by SBI told Supreme Court on Wednesday that Jalan-Kalrock consortium, the successful bidder, had “not brought a farthing” till date and was trying to rewrite the revival scheme.On behalf of SBI-led lenders, solicitor general Tushar Mehta told a bench of CJI D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, “The total admitted claim of the financial creditors is Rs 7,800 crore but the financial package offered by Jalan-Kalrock, the successful resolution applicant, is Rs 4,783 crore, which is payable in tranches in five years. The financial creditors (banks) are struggling to…
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Source: https://timesofindia.indiatimes.com/business/india-business/jet-airways-revival-plan-has-hit-air-pocket-sbi-led-lenders-tell-supreme-court/articleshow/106940755.cms

SBI Life Insurance in collaboration with Mirchi kicks starts itsregional finale of the 13th edition of Spell Bee in Mumbai

Mumbai, 17th January 2024 – SBI Life Insurance, one of India’s most trusted private life insurers, kick started its regional finale of the 13th Edition of Spell Bee – ‘Spellmasters of India’, held in Mumbai. The regional finale saw participation from 50 students who were shortlisted out of 10230 studentsfrom across25 schools of Mumbai. The initiative aimed at not only enhancing spelling skills but also encouraging students from grades 5th to 9th to develop invaluable life skills&pursue their dreams.
Master. Rayaan Naveed Siddiqui, 13-year-old, student of Bombay Scottish School, Mahim studying in Std VIII wonthe Mumbai Regional Finale of SBI Life Spell Bee 2023 Edition. With…
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Source: https://businessnewsthisweek.com/news/sbi-life-insurance-in-collaboration-with-mirchi-kicks-starts-itsregional-finale-of-the-13th-edition-of-spell-bee-in-mumbai/

Sbi share price Today Live Updates : Sbi closed today at ₹626.15, down -1.67% from yesterday’s ₹636.8

17 Jan 2024, 06:35 PM IST
Sbi share price Live :Sbi closed today at ₹626.15, down -1.67% from yesterday’s ₹636.8
Today, the closing price of SBI stock was ₹626.15, which represents a decrease of 1.67% from the previous day’s closing price of ₹636.8. The net change in price today was -10.65.

17 Jan 2024, 06:15 PM IST
Sbi share price live: Stock Peers

17 Jan 2024, 05:35 PM IST
State Bank Of India share price live: Today’s Price range
The State Bank of India stock reached a low of ₹623.5 and a high of ₹636.7…
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Source: https://www.livemint.com/market/live-blog/sbi-share-price-live-blog-for-17-jan-2024/amp-11705458662431.html

5 Nifty50 companies including SBI, Coal India likely to post decline in net profit; check full list

5 Photos . Updated: 17 Jan 2024, 02:48 PM IST
Pranati Deva For the December quarter, Motilal Oswal anticipates a 10% (YoY) growth in Nifty earnings. The primary drivers for this growth are expected to be domestic cyclicals, particularly auto and BFSI. It has listed 5 stocks that are likely to post a decline in their net profit/loss in Q3. Let’s take a look:

₹11,020 crore as against ₹14,210 crore in the year-ago period. Meanwhile, its net interest income is likely to rise 5.5% to ₹40,160 crore vs ₹38,070 crore in the same period last year. According…
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Source: https://www.livemint.com/market/stock-market-news/q3-earnings-preview-5-nifty50-companies-including-sbi-coal-india-ongc-dr-reddy-upl-to-post-decline-in-net-profit/gallery/amp-11705398013409.html

State Bank of India Share Price Live Updates: State Bank of India’s Stock Price Drops by 0.77% Today, 6-Month Returns Show Positive Growth

10:49:09 AM IST, 17 January 2024News Updates: LIC beats SBI to earn India’s most-valued PSU crownLIC shares rallied over 3% to a fresh 52-week high …10:46:34 AM IST, 17 January 2024State Bank of India Share Price Live Updates: State Bank of India’s Stock Price Drops by 1.45% Today, 1-Year Returns at 4.76%The current price of State Bank of India is Rs 627.7, with a decrease of 1.45% today. Over the past year, the stock has shown a return of 4.76%.10:15:12 AM IST, 17 January 2024State Bank of India Share Price Live Updates: State Bank of India’s Stock Price Drops by 0.77% Today, 6-Month Returns Show Positive GrowthThe current price of State Bank of India’s stock is Rs 632.0, with a…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/state-bank-of-india-share-price-live-updates-17-jan-2024/amp_liveblog/106912561.cms

State Bank of India Share Price Live Updates: State Bank of India’s Stock Price Sees Minor Decline, but Shows Positive Returns Over the Month

06:00:41 PM IST, 16 January 2024State Bank of India Share Price Updates: State Bank of India Stock Price History04:01:08 PM IST, 16 January 2024State Bank of India Share Price Updates: State Bank of India Bonus Updates03:32:06 PM IST, 16 January 2024State Bank of India Share Price Updates: State Bank of India’s Closing Price Drops by 0.4% to Rs 637.55The State Bank of India’s closing price today was Rs 637.55, with a decrease of 0.4% compared to the previous day.03:16:37 PM IST, 16 January 2024State Bank of India Share Price Updates: State Bank of India’s Stock Price Drops 0.52% Today, Beta Indicates Moderate VolatilityThe current price of State Bank of India is Rs 636.8, with a decrease…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/state-bank-of-india-share-price-live-updates-16-jan-2024/amp_liveblog/106882244.cms