SBI picks banks for $500m overseas bond sale
Mumbai - Arabstoday
State Bank of India (SBI) plans to raise at least $500 million through a five-year overseas bond sale as soon as this month, two sources with direct knowledge said, potentially reopening the dollar bond market for Indian issuers after a lull of four months. The country’s biggest lender has hired Citigroup, Bank of America Merrill Lynch, Barclays Capital, Deutsche Bank, JP Morgan and UBS for the issue, said the sources, declining to be named as the process is not public yet. SBI, which last sold overseas bonds in early 2011, will launch the issue depending on market conditions, and is working out a schedule for investor meetings, the sources said.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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