BNP to buy Societe Generale and Paribas
France's banking battle heated up further as Banque Nationale de Paris SA, signaling its continued determination to create the world's largest bank, sweetened its offers for both Societe Generale SA and Paribas SA.

IOC to seek shareholders nod on bonus issue in September
Indian Oil Corporation will seek its shareholders approval for the proposed 1:1 bonus share issue at the annual general body meeting during the first week of September.

SBI to cut stake in SBI Caps
State Bank of India is considering a domestic issue to dilute its stake in its subsidiary, SBI capital markets, according to the bank's managing director SV Iyer.

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