BlackRock, SBI Life among investors in Union Bank QIP

State owned Union Bank of India has raised Rs 3000 crore through a qualified institutional placement (QIP) allowing the bank to deepen its capital and also reduce its government holding below the regulatory ceiling of 75%, multiple people aware of the details said. Demand was ten times the amount required as large local and overseas …

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Hot Stocks: Brokerage firms on HDFC Bank, Dalmia Bharat, SBI Life and IOC

Brokerage Nomura maintained a neutral rating on IOC while CLSA retained buy calls on SBI Life and Dalmia Bharat. Macquarie retained an outperform rating on HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on HDFC Bank: Outperform| Target Rs 2075 Macquarie maintained an outperform …

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BCCI signs SBI Life as ‘Official Partner’ for a three-year period, Jay Shah says ‘looking forward to…’

The Board of Control for Cricket in India (BCCI) has tied up with insurance company SBI Life as its official partner for the 2023-2026 domestic and international season. The three-year deal will come into effect from the upcoming India-Australia ODI series, which begins on September 22. BCCI Honorary Secretary Jay Shah noted that SBI Life’s …

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