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
RIL has been talking to groups including Gionee, Huawei and Xiaomi
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
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.
RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.
So far this year, there have been 76 private equity investments in India
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
The benchmark BSE Sensex closed 0.53 per cent lower at 28,469.67 points.
The entry of the deep-pocketed conglomerate is expected to heighten competition.
The BSE index closed down 0.18 percent at 28,659.17, its lowest closing level since Feb. 11.
The deal will provide Suzlon with much needed liquidity.
Prime Minister Narendra Modi was elected last year on hopes he would revive a languishing economy.
Investors from across the globe are keen to invest in Gujarat.
JP Morgan may buy stake in debt -laden SpiceJet
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