Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

Tata front runner for GE Capital's stake in SBI Cards

The state-owned State Bank of India partnered GE Capital in 1998 for its credit card business. Tata Sons, the holding company for the $109 billion Tata Group, has put its weight behind a bid for GE......

SBI to merge card units

The State Bank of India is planning to merge its two credit card outfits.SBI Cards & Payment Services Pvt Ltd handles the credit card marketing function and GE Capital Business Process & Management......

Zomato IPO oversubscribed 38x

Zomato's mega initial public offering (IPO) ended with a bumper 38 times oversubscription on Friday as institutional investors poured money to get a pie of the hottest online food delivery......