Reliance Jio to raise fresh debt of Rs 1,000 crore

Last Updated: Friday, July 31, 2015, 18:12

Gearing up for the launch of its low-cost 4G services, RIL's telecom arm Reliance Jio Infocomm plans to further raise Rs 1,000 crore through Non-Convertible Debentures to fund its business expansion.

Reliance Jio to raise Rs 3,500 cr debt

Last Updated: Thursday, July 30, 2015, 17:05

Ahead of launching commercial operations of 4G services, Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd, plans to raise Rs 3,500 crore debt to fund roll-out expenses.

DBS India reports Rs 275 cr loss on write-offs in FY15

Last Updated: Friday, July 3, 2015, 20:17

The lender had posted a net profit of Rs 2 crore for the financial year 2014.

Indian Hotels delists GDRs from London Stock Exchange

Last Updated: Tuesday, June 30, 2015, 16:51

Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.

GVK group plans to raise over Rs 3,000 crore

Last Updated: Friday, June 26, 2015, 23:36

Diversified group GVK Power & Infrastructure plans to raise more than Rs 3,000 crore by listing its airports arm.

India eyes listing of ONGC's overseas investment arm: Source

Last Updated: Thursday, May 28, 2015, 17:57

The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp , a company executive said.

Draft norms for 'Range Concept' in transfer pricing released

Last Updated: Thursday, May 21, 2015, 21:17

The tax department Thursday came out with draft norms for introduction of 'range concept' for calculating Arm's Length Price for valuing transactions between related entities for the purpose of taxation.

'DoT failed to fine firms for violating tower radiation rules'

Last Updated: Friday, May 8, 2015, 19:43

The Comptroller and Auditor General has pulled up DoT's vigilance arm of for failing to impose penalty to the tune of Rs 4,300 crore on telecom operators for violating mobile tower radiation rules.

World Bank arm to partner IREDA for energy projects

Last Updated: Thursday, April 30, 2015, 15:07

The International Finance Corporation (IFC), the private financing arm of the World Bank, has said it would partner the Indian Renewable Energy Development Agency (IREDA) to provide infrastructure financing for energy projects in India.

Aegis opens development centre in Malaysia; expands workforce

Last Updated: Thursday, April 23, 2015, 15:56

Essar Group's BPO arm Aegis has opened a new development centre in Malaysia, as it enhances its focus on emerging markets in Asia-Pacific.

Electrosteel Castings hands over coal block to CIL arm

Last Updated: Wednesday, April 8, 2015, 20:56

Electrosteel Castings on Wednesday said that it has handed over Parbatpur coal block in Jharkhand along with other assets to BCCL, a subsidiary of Coal India.