RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an......

Sensex slumps over 500 points as China rattles global stocks

  Benchmark shares indices crashed over 2%, amid a sell-off in Asia and Europe, after suspension of trading in Chinese shares post the sharp plunge in Shanghai Composite. Further,......

HSBC to cut up to 50,000 jobs, slash investment bank

HSBC will cut almost 50,000 jobs from its payroll, take an axe to its investment bank and shrink its risk weighted assets by $290 billion in an effort to improve its sluggish performance, Europe's......

Tatas' JLR buy: Fundraising over

A consortium of bankscompleted on Monday the formalities for raising the $3 billion funds for Tata Motors to acquire British auto brands Jaguar and Land Rover. "The process (of raising the amount)......