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Top headlines: Musk puts Twitter deal on hold, SBI Q4 profit rises 41%

Elon Musk says his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts

Elon Musk. (Photo: Bloomberg)

Elon Musk. (Photo: Bloomberg)

BS Web Team New Delhi
India's biggest lender State Bank of India reported a 41 per cent rise in its net profit for the fourth quarter ended March 2022. The lender also announced a dividend of Rs 7.10 per share. Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, sending the social media company's shares some 20 per cent lower in pre-market trading and on the Frankfurt stock exchange.

SBI Q4 result: Profit rises 41% to Rs 9,113 cr; Rs 7.10-dividend announced
Country’s biggest state-owned lender, State Bank of India (SBI), on Friday reported 41.2 per cent year-on-year (YoY)

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First Published: May 13 2022 | 5:58 PM IST

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