RIL raises $750 mn from overseas market

This is the second time within a few days that the Mumbai-based firm has hit the forex debt market. Reliance Industries said on Wednesday that it has raised $750 million (about Rs 4,624 crore)......

Reliance sells stake in US shale gas assets for $250m

Billionaire Mukesh Ambani's Reliance Industries Ltd has sold its stake in the shale gas asset in the US to Northern Oil and Gas Inc for USD 250 million, the firm said on Thursday. IMAGE: Kindly......

Loan defaults hit Citigroup in India

Citigroup, apart from grappling with the write-offs and losses in its consumer banking business in the US, will also have to get its act right in other markets as well, particularly, India and......

Global banks make a beeline to invest in India's start-ups

While India has fewer Internet users than China, online sales could rise to over $100 billion in 2020 from $2.9 billion in 2013, making it the fastest-growing market globally, according to a Morgan......