Industrialist Anil Ambani-led Reliance Communications on Monday said it has entered into exclusive talks with the Russia-based Sistema for a potential merger of its Indian arm through a stock swap. Analysts see a strategic fit between the two compaies....
India's annual wholesale inflation continued to be in the negative in May but moved up slightly to (-)2.36 percent from (-)2.65 percent in April, mainly on account of a rise in prices of food articles, official data showed on Monday. ...
A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), was on Monday trading at 38.08 points or 0.14 percent down during the morning session....
From an all-time high that was touched in the first week of March to the latest trading day, two key equity market indices have taken a beating of around 12 percent. This, at a time when India's growth forecasts have been upgraded by a host of global financial institutions. IANS analyses what's gone wrong....
Industrialist Anil Agarwal on Sunday announced the merger of two of his group companies -- the oil and gas exploration major Cairn India with the natural resources arm Vedanta Ltd. Cairn shareholders will get one equity and one redeemable preference share of Vedanta....
Anxiety over a weak monsoon, up-ticking inflation, fluctuating rupee value, disappointing corporate earnings coupled with outflow of foreign funds, moderate easing of the monetary policy and rising crude oil prices, have all dented the Indian markets in the week that just concluded....
Finance Minister Arun Jaitley on Friday expressed the hope that those commercial banks which have not passed on to borrowers the interest rate cuts made by the Reserve Bank of India (RBI) this year, would do so over the next few weeks....
A rich collection of home furnishings from China, Germany, India, Pakistan, Thailand and USA will be exhibited at Pragati Maidan from June 25 to 27, a press statement said on Friday. ...
Delhi Metro's two new stations -- Janpath and Mandi House -- have been awarded the platinum (highest) rating for adherence to green building norms, it was announced here on Friday. ...
Cochin International Airport Limited (CIAL), the country's first greenfield airport in the public-private-partnership model, on Friday announced a 21 percent dividend on its shares for 2014-15, up from 18 percent in 2013-14....
