RIL hits overseas debt markets, launches $500mn issue

Reliance Industries, which is sitting on over Rs 75,000 crore (Rs 750 billion) in surplus cash, today launched an issue of bonds in Hong Kong and Singapore markets to raise a minimum $500 million......

Two European bids in MTN fray

The race for South African telecom major MTN Group is hotting up with the possibility of two other players evaluating a bid or a strategic relationship with the company. Banking sources say......