Reliance Industries To Seek Shareholder Nod To Raise Rs. 25,000 Crore

Reliance Industries To Seek Shareholder Nod To Raise Rs. 25,000 Crore

Mumbai: Reliance Industries will seek shareholder approval to raise Rs. 25,000 crore ($3.88 billion) via sale of secured or unsecured redeemable non-convertible debentures in a private placement, it said in a release. The company will conduct its annual general meeting...
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US Exports To India Support 2,60,000 Jobs In America: Report

US Exports To India Support 2,60,000 Jobs In America: Report

Washington: American exports to India support more than 260,000 jobs directly and indirectly in the US and the cumulative investment from the country into India reached $28.3 billion in 2015, a new report said on Monday. India’s foreign direct investment...
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Qatar Airways seeks up to 10% stake in American Airlines

Qatar Airways seeks up to 10% stake in American Airlines

Qatar Airways, its Middle Eastern business pressured by a diplomatic row with neighbours, is seeking as much as a 10% stake in American Airlines, the US carrier said. The surprise investment push by Qatar Airways was disclosed by American Airlines...
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Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Indian shares extended gains in noon trade with the BSE Sensex rising nearly 240 point to a fresh all-time high of 31,522 and Nifty gaining nearly 60 points to 9,698. Gains in the market were led by banking and financial...
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Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Federal Bank Launches Rs. 2,000 Crore Share Sale To Institutions

Mumbai: Private sector lender Federal Bank Ltd has launched a share sale to raise Rs. 2,000 crore, with an option to increase the amount by Rs. 500 crore, according to a deal term sheet. Federal Bank said in a regulatory...
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Asian Stocks Rise As Oil Tries To Claw Up From 10-Month Low

Asian Stocks Rise As Oil Tries To Claw Up From 10-Month Low

Singapore: Asian stocks advanced on Thursday as oil prices struggled to climb off a 10-month low hit overnight on concerns over a supply glut and falling demand. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.3 percent. Japan’...
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