Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Photograph: Toby Melville/Reuters Meanwhile,......

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into......

What's in store for mutual fund investors in 2024?

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......

Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts

The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. Photograph: Sudipta Banerjee/ANI Photo......