47 INDIAN COS AMONG FORBES GLOBAL 2000 LIST

As many as 47 Indian companies, led by corporate behemoth Reliance Industries and the country's biggest lender, State Bank of India, have made it to the list of world's biggest 2,000 companies by US magazine Forbes.

The Economic Times

Microsoft pips Infosys, SBI in most reputed firms list

US software giant Microsoft has topped the list of most reputed companies in India ahead of homegrown major Infosys and public sector banking giant State Bank of India.

The Economic Times
http://economictimes.indiatimes.com/
Microsoft_is_the_most_reputed_firm_in_India/
articleshow/3159984.cms

Core sector attracts funds

India has emerged as a major destination to attract investments in the infrastructure sectors. The State Bank of India (SBI) and Australia-based Macquarie Capital Group Ltd (Macquarie) would raise a $2 billion fund to invest in the country's core sector. In another development, UK based private equity firm 3i Group raised $ 1.2 billion for the India infrastructure fund against its target of $ 1 billion. A number of other finance companies like Citibank and Blackstone also planned to raise $ 5 billion to invest in the Indian Infrastructure sector.

The Times of India
http://timesofindia.indiatimes.com/Business/India_Business/
Core_sector_attracts_funds/articleshow/2957595.cms

SBI, others to raise $3 bn for Tata Motors

State Bank of India (SBI) led consortium will raise $3-billion loan by April for Tata Motors’ acquisitions abroad, including the $2-billion Jaguar and Land Rover deal. Apart from SBI, the consortium will include leading entities like Citibank, Standard Chartered, BNP Paribas, JP Morgan, Tokyo Mitsubishi UFJ and Mizuho Financial Group, a source said. The country’s largest lender is also in talks with two-three public sector banks to be a part of the consortium...

The Economic Times
http://economictimes.indiatimes.com/News/News_By_Industry/
Banking_Finance_/SBI_others_to_raise_3_bn_for_Tata_Motors/
articleshow/2879832.cms

HDFC Bank to buy Centurion for $2.4 bn

HDFC Bank, India's third-biggest by market value, offered $2.4 billion in shares for smaller Centurion Bank of Punjab in an attempt to bulk up ahead of the bank sector being opened to foreign competitors.

The Financial Express
http://www.financialexpress.com/news/
HDFC-Bank-to-buy-Centurion-for-2.4-bn/276898/