Rupee and bonds weakened on Thursday after the US Federal Reserve signalled it may increase its policy rates at the next meeting in December.
Reliance Industries Ltd plans to sell a 3.1 per cent stake, worth $32 million at the current market price, in unit Network18 Media & Investments.
India's $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.
The push to connect India and drive a national fibre optic network, first approved by the last government in 2011, has made slow progress
All the existing microfinance businesses of the company and clients will be transferred to the bank
The shareholders will also get one redeemable preference share in Vedanta Ltd
RBI governor does not want to move in haste for achieving financial inclusion.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
Analysts expect the Reserve bank to cut rates in next monetary policy.
The new bond was changing hands at 7.72 per cent.
RIL has been talking to groups including Gionee, Huawei and Xiaomi
'Both IIP and CPI inflation numbers are showing a huge disconnect from the leading indicators.'
Facebook Inc is launching an open platform for online content and application developers to join its Internet.org service.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
India is the world's third-largest smartphone market.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
Offshore rupee debt was likely to attract good demand
RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances