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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.

Shareholders may vote on merger with Cairn by Dec: Vedanta CEO

Last Updated: Wednesday, July 29, 2015, 22:14

Mining baron Anil Agarwal-led Vedanta Ltd expects to seek shareholders' approval for the proposed merger of the mining arm with Cairn India by December this year.

Greece expects debt reduction after November: PM

Last Updated: Wednesday, July 29, 2015, 17:44

Greece expects debt reduction from its international creditors after a first assessment of reforms under its new bailout obligations concludes in November, Prime Minister Alexis Tsipras said Wednesday.

Education company Blackboard seeks $3 billion sale: Sources

Last Updated: Tuesday, July 28, 2015, 23:56

Blackboard Inc, a US software company that provides learning tools for high school and university classrooms, is exploring a sale that it hopes could value it at as much as $3 billion, including debt, according to people familiar with the matter.

Greek bourse to reopen Wednesday or Thursday after ECB approval

Last Updated: Tuesday, July 28, 2015, 23:24

The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters on Tuesday.

Creditor audit chiefs head to Greece to oversee bailout

Last Updated: Tuesday, July 28, 2015, 20:08

The head representatives of Greece's international creditors will return to Athens for the first time in nearly a year to oversee work on the country's new bailout, a finance ministry source said today.

Greek creditors seek third wave of reforms before loan

Last Updated: Tuesday, July 28, 2015, 00:01

International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.

Gold holds above 5-1/2-year low, but more weakness seen

Last Updated: Monday, July 27, 2015, 09:04

Spot gold was flat at $1,097.96 an ounce by 0229 GMT after falling for a fifth straight week last week, the longest run since late 2012.

Costly trade-off: Per capita debt burden at Rs 44,095 in FY15

Last Updated: Sunday, July 26, 2015, 12:31

The debt load comprised external and internal debt and other liabilities, government's provisional accounts showed.

Costly trade-off: Per capita debt burden at Rs 44,095 in FY15

Last Updated: Sunday, July 26, 2015, 12:31

The debt load comprised external and internal debt and other liabilities, government's provisional accounts showed.

Foreign capital inflows at Rs 8,400 cr in July

Last Updated: Sunday, July 26, 2015, 11:08

This follows a massive outflow of foreign investors' funds in the previous two months from Indian equity and debt markets.

Gold crawls off five-year low, but downside risk seen intact

Last Updated: Thursday, July 23, 2015, 09:36

Holdings in the world`s biggest gold-backed exchange-traded fund, SPDR Gold Shares, shrank for a fifth day on Wednesday to the lowest level since 2008.