The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.
Multiple triggers such as asset sales, pickup in energy cash flows, increased traction in omni-channel retail, and rise in ARPUs could further drive the stock.
Now calling the United States, the United Kingdom and Canada will cost Indian users only Rs 0.89 per minute, down from the current Rs 1.39 per minute.
The Indian companies, however, invested a much lower $1.59 billion in overseas markets in the previous month May 2014.
They said protests took place at around a dozen places in which several protesters were injured.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
Sensex, Nifty end the day in red ahaead of F&O expiry.
The 30-share S&P BSE Sensex ended up 130 points at 25,400 and the Nifty50 rose 46 points to close at 7,759.
Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
And what if all this happened so fast and so extensively that we never quite had the opportunity to call the broker and say 'Sell'?
The Chinese President dethroned Russian President Vladimir Putin as the most influential person on the planet.
BSE Bankex and Telecom indices led the fall.
If he doesn't, two things are guaranteed: Failure for him, and continued slide for his nation despite its talented people, strong nationalism, the gift of geography and a formidable army, points out Shekhar Gupta.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Investors indulged in profit booking at attractive and higher valuations
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
'Criticism that Amnesty is interested in those in favour of independence for Kashmir is unfounded.'
Delhi's inability to open up a new canvas with Pakistan and Sharif is symptomatic of its sluggish thinking. Jyoti Malhotra analyses
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