SBI raises USD 750 million through bonds listed on India INX as part of its 10 billion MTN plan.

In order to finance the expansion of its international business, SBI, the largest public sector lender in the nation, raised USD 750 million on Monday under its USD 10 billion Global Medium Note program. Global investors contributed the funds at Gandhinagar’s GIFT International Financial Services Centre (), which is part of INX’s Global Securities Market…

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ONGC and Oil India are in discussions for a 50% interest in the $3.4 billion Chinese company enters conflict over Kenyan oilfield

In order to replace a reticent IndianOil (IOC) for the potential purchase of a 50% stake in Tullow Oil Plc’s USD 3.4 billion oilfield project in Kenya, India’s leading international oil company ONGC Videsh has found a new partner in Oil India Ltd. However, the aggressive Chinese energy giant Sinopec has entered the fight and…

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