Its plans, to cut tariffs by 40% or offer more data, comes bundled with 1 GB high speed data for 28 days with unlimited voice thrown in.
Spectrum auction: Govt revenues reach Rs 1.02 tln on Day 10
RIL said it has priced its 144A/Reg S bonds to yield 240 basis points over US Treasuries Note at a 4.125 per cent coupon.
Coffee Day Enterprises Ltd is backed by KKR & Co.
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
Traders were up in arms, fearing huge job loss if Walmart was to enter.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
Ahmedabad, Delhi and Mumbai, which together make up 65% of national volumes, post decline in turnover in 2nd half of 2015.
Move aimed at giving more headroom to foreign investors.
'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
The overall e-commerce opportunity in India and China is comparable, yet it's hard to see any single player in India emerging with Alibaba-like market share.
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
Pressure has been mounting on the Reserve Bank of India to cut interest rates in the wake of declining retail inflation and the need to fuel growth momentum. However, the RBI will have to do a tightrope walk as globally interest rates are inching upwards.
A total of 11 international banks have publicly distanced themselves from the project.
Most of Flipkart's business came from consumer electronics.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
Need for much more investment; sector would like govt help
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
The $140-billion Indian IT market is facing challenges on multiple fronts including stricter visa regime in key markets and shortage of skilled manpower for new technology areas like data science.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Analysts believe making mobile data more affordable will fuel mass market adoption of data services
RIL might see its September quarter's profit between Rs 5,600 crore and Rs 5,670 crore.
Adani intends to ship most of the coal from the mine to India.
Auditors and promoter entities linked to the UB Group have come under scanner of multiple regulatory agencies for alleged irregularities.
The move to sell the jewel in Vodafone's crown closes a heady expansionist chapter for one of Britain's most famous companies
The study claims that from its peak of 18 per cent of gross domestic product in 2008, the crony capitalists' wealth is now down to three per cent
The move draws a line under the Swiss government's rescue of UBS nearly five years after the bank threatened to collapse under the weight of more than $50 billion in losses on mortgage securities.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Many small-scale start-ups are operational in this space for some years now. Larger players, too, seem to have realised the potential and are now entering into the fray, mostly through acquisitions.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
While some equity analysts have raised target prices for public sector banks, others remain cautious