New Delhi, June 26 -- State Bank of India (SBI) is in the final stages of selecting several merchant banks to help it raise up to Rs.25,000 crore through a qualified institutional placement (QIP) - marking its first equity offering in eight years.

MSCI ESG Ratings and Research Private Ltd has raised the bank's ESG rating from A to AA.

JSW Energy Ltd, through its step-down subsidiary Energizent Power Private Ltd, has entered into a Power Purchase Agreement with NHPC Ltd for a 300 MW solar-wind hybrid project connected to the Inter-State Transmission System (ISTS).

Nestle India Ltd., the multinational FMCG major, is set to consider a bonus share issue during its board meeting scheduled for Thursday, June 26.

The company has given the go...