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Indian government to ask Reliance to give up 80% of D6 gas block

Infrastructure

29 October, 2013

Indian government to ask Reliance to give up 80% of D6 gas block

India will ask Reliance Industries Ltd to relinquish 80 percent of its east coast deepwater D6 gas block, including five ......

Vodafone seeks to buy out minority shareholders in India unit for $1.7B

TMT

29 October, 2013

Vodafone seeks to buy out minority shareholders in India unit for $1.7B

Vodafone Group Plc has sought approval from the authorities to raise its stake in the India unit for 101.41 billion ......

RBI expects inflation to stay near current levels

General

28 October, 2013

RBI expects inflation to stay near current levels

The Reserve Bank of India said it expects inflation to remain near current elevated levels for the remainder of the ......

HUL beats earnings expectation but volume growth disappoints in Q2

Consumer

28 October, 2013

HUL beats earnings expectation but volume growth disappoints in Q2

Sales growth at Hindustan Unilever slowed for the sixth straight quarter between July and September and India's largest consumer goods ......

Investors and developers including DLF preparing for asset-backed property bonds

Infrastructure

25 October, 2013

Investors and developers including DLF preparing for asset-backed property bonds

Indian property firms, including DLF Ltd, are gearing up to sell the country's first bonds backed by rental income from ......

Twitter to be valued at $11B at IPO

TMT

25 October, 2013

Twitter to be valued at $11B at IPO

Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial ......

Idea Cellular Q2 net profit surges, beats estimates

TMT

24 October, 2013

Idea Cellular Q2 net profit surges, beats estimates

Idea Cellular Ltd, India's No.3 mobile carrier by revenue, reported a big jump in quarterly profits, underscoring a continued recovery ......

Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Infrastructure

24 October, 2013

Singapore Air gets FIPB nod for setting Indian carrier with Tatas

Singapore Airlines has won the Foreign Investment Promotion Board's approval to set up a full-service airline in the country in ......

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Infrastructure

23 October, 2013

Jet Air posts worst ever quarterly loss in Q2 as rise in fuel cost due to rupee depreciation bites

Jet Airways, in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers ......

Hero MotoCorp Q2 profit rises 9%, beats estimates

Consumer

23 October, 2013

Hero MotoCorp Q2 profit rises 9%, beats estimates

Hero MotoCorp, India's largest two-wheeled vehicle maker, beat analyst estimates with a 9 per cent rise in profit, the first ......