Pinterest seeks $11 billion valuation with new funding

Last Updated: Thursday, February 19, 2015, 11:02

Pinterest Inc, a photo pin-up site, is in talks to raise $500 million in a round of funding that would more than double its valuation to $11 billion, the Wall Street Journal reported, citing people familiar with the matter.

Capital infusion: BoI chief rues new fund infusion norms

Last Updated: Thursday, February 12, 2015, 23:25

As it is left out of the list of nine banks for capital infusion from the government, Bank of India today claimed its fundamentals are much better than those selected and has called for a different treatment to it citing its large international presence.

Govt to infuse Rs 6,990 crore in 9 public sector banks; SBI leads the pack

Last Updated: Saturday, February 7, 2015, 14:55

Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI, Bank of Baroda (BoB), Punjab National Bank (PNB) for enhancing their capital and meeting global risk norms.

SpiceJet shares surge 10% on hopes of capital infusion

Last Updated: Friday, January 9, 2015, 18:12

SpiceJet's scrip zoomed 9.91 percent to Rs 18.30 -- its highest trading permissible limit for the day on the BSE.

SpiceJet may get first round of investment by Jan 10

Last Updated: Thursday, January 8, 2015, 20:57

Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated USD 200 million investment plan, sources said on Thursday.

Union Bank raises Rs 2,000 cr to shore up capital

Last Updated: Friday, November 22, 2013, 15:50

Union Bank of India on Friday raised Rs 2,000 crore through issuing bonds that are compliant with the global banking norms, Basel III.

PSU banks to depend on govt for equity infusion: India Ratings

Last Updated: Tuesday, November 12, 2013, 22:44

Falling internal accruals and pressure to grow loan portfolio will make public sector banks depend more on the government for capital, a rating agency said in a report Tuesday.

SBI board approves Rs 2,000 crore capital infusion

Last Updated: Wednesday, October 30, 2013, 21:44

The board of the State Bank of India on Wednesday approved an infusion of Rs 2,000 crore from the government to raise its capital base.

FinMin finalises on Rs 14,000-cr capital infusion in banks

Last Updated: Tuesday, October 22, 2013, 20:50

The Finance Ministry on Tuesday finalised the Rs 14,000-crore capital infusion plan for PSU banks to augment their capital base and promised another tranche in the fourth quarter of the current fiscal.

Capital infusion in PSU banks to boost investment: Raghuram Rajan

Last Updated: Tuesday, October 8, 2013, 21:22

RBI Governor Raghuram Rajan Tuesday said the Finance Ministry's decision to provide more capital to PSU banks will lower the borrowing cost and increase their capacity to lend, besides promoting investments.

SBI expects Rs 4,000 cr capital infusion from govt this fiscal

Last Updated: Monday, September 16, 2013, 21:44

When asked about his expectations from the upcoming RBI policy review, he said that the bank has recommended cut in CRR (Cash Reserve Ratio) as well as repo rate.