Reuters Market Eye - Shares in State Bank of India rise 2.4 percent on hopes of better-than-expected results and lower non-performing loans in the September quarter, with results due on Friday.
State Bank of India Chairman Pratip Chaudhuri said the bank's September quarter non-performing asset position looking better than the June quarter.
CLSA said in a report on Friday it maintains preference for corporate banks, including State Bank of India, which should benefit as asset quality concerns fade gradually.
Supreme Court calls Singur deal for Tata Nano factory a 'farce'
MUMBAI (Thomson Reuters Foundation) - India's Supreme Court said on Wednesday that land acquired by West Bengal state for a Tata Motors factory must be returned to farmers, the latest twist in a decade-long battle that came to symbolise conflict over land in the country.
Oil prices rebound on weaker dollar despite bigger-than-expected U.S. stock build
SINGAPORE Oil prices rose in early Asian trade on Thursday, rebounding on a weaker U.S. dollar after falling around 3 percent or more in the previous session following a surprisingly large build in U.S. crude and distillate stocks last week.
From big oil to big data: inside Mukesh Ambani's $20 billion start-up
MUMBAI At the vast open-plan headquarters of Indian telecoms start-up Jio, billionaire oil tycoon Mukesh Ambani stands in short sleeves beneath a digital tracker that logs every new subscriber to his service.