RCom raises money to refinance 3G spectrum fee

Anil Ambani-led Reliance Communications said it has raised $255 million (about Rs 1,155 crore) by way of external commercial borrowing to partly refinance payment made for acquiring 3G spectrum.The......

Two big funds to enter India

Two big-ticket foreign funds, one each from France and South Korea, are set to enter India next month. These two players are following Japanese funds that have collectively invested close to $3......

BNP Paribas acquires broking firm Sharekhan for over Rs 2,000 crore

  French banking major BNP Paribas on Thursday reached an agreement with the shareholders of Sharekhan to acquire 100 per cent equity stake in the Indian brokerage for an undisclosed amount.......

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

India’s five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza......