SJVN signs papers to get Rs 6,333 crore loan for Arun-3 hydro project in Nepal
NEW DELHI: State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. “SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for drawl of Rs […]
HSBC’s profit before tax from India rises marginally to USD 1.11 billion
NEW DELHI: Foreign lender HSBC’s profit before tax (PBT) from India rose marginally to USD 1.11 billion in 2021. The bank’s PBT had stood at USD 1.024 billion in 2020. The country is the fourth biggest profit centre for the UK-headquartered lender, after Hong Kong, the UK and Mainland China, according to an official statement. […]