The company's investments in telecom business reached 15-20% of capital employed.
Sensex has lost almost 1,500 points since December 31, 2014.
Premier League teams Burnley and Middlesbrough were knocked out of the English Cup by lower-league teams in the second round on Wednesday.
Liverpool's Premier League title aspirations will be under scrutiny again on Saturday when they make the short trip across Stanley Park to face city rivals Everton.
Loses notional value by 37.5% because of markdowns by investors
News of all that's transpired on and off the football field
Interview with Asia-Pacific economist, Morgan Stanley
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
Fans return to English grounds, but told not to celebrate goals too much.
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
London Olympics bronze-medallist Saina trounced Malaysia's Jin Wei Goh 21-12, 21-14 in 37 minutes to set up a women's singles quarter-final with 2013 World champion and second seed Ratchanok Intanon of Thailand. In the men's singles, Srikanth defeated Indonesia's Sony Dwi Kuncoro 21-19, 21-12 in 34 minutes.
The search engine giant pays American graphic designer and filmmaker a tribute
Pakistan will not participate in the shooting World Cup in New Delhi after a top official of the national federation confirmed that its marksmen had not been issued visas
The bank remains on high alert to intervene if markets freeze.
Ridham Desai, MD, Research, Morgan Stanley tells us what the industry has to offer for aspiring investment banking professionals.
The only asset class which has given them positive real returns in the last five years is gold, says Ridham Desai, strategist and head of India Equity Research at Morgan Stanley India.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
Children can be quite lucky at the box office too!
Results for the quarter ended December showed how the actual results for many large companies turned out to be worse than analysts' estimates.
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
Malaysian fans say no to Premier League 'circus games'.
The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
Others shortlisted by the Department of Disinvestment for the NTPC offer were Deutsche Bank, SBI Capital Markets and Kotak Mahindra Capital.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Gold, which was hovering around $1,321 an ounce in January 2019, has already breached $1,600 per ounce in the past few sessions to a seven-year high.
Morgan Stanley expects RBI to cut rates sharply rather than "dribble down".
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
Titled King Fu Yoga, the film also stars Sonu Sood in a central role.
Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.
The aggregate value of overall FII holding is an estimated $240 billion.
The Indian football team put up a better display in their second group game but lost 2-0 to a superior Jordan thus ending their campaign in the 17th Asian Games in Incheon on Monday.
Market participants were cautious ahead of WPI data release tomorrow.
Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.
Abu Dhabi-based sovereign wealth fund Mubadala Investment Co will invest Rs 6,247.5 crore to buy a 1.4 per cent stake in Reliance Industries Ltd's retail arm -- the billionaire Mukesh Ambani-led firm's third such deal in less than two days.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
