HONG KONG (Reuters) – Asian stocks retreated from 13-month highs on Friday and commodity prices dipped after data giving a conflicting picture about the strength of the U.S. recovery stopped investors from extending this week's....... More »
Axis Bank on Thursday opened its qualified institutional placement (QIP)-cum-global depository receipts (GDR) issue through which it proposes to raise up to $720 million (around Rs 3,450 crore). More »
Taking forward the agenda for developing the corporate bond market, the Reserve Bank of India said it initially intends to allow repo transactions in only listed securities like non-convertible debt, debentur....... More »
State Bank of India, India's largest lender, was looking at acquisitions of up to $1 billion in the UK and expected to maintain a 40 per cent growth rate in its UK business, senior officials said on Thursday.
Prime Minister Gordon Brown's government may have to cut spending at the sharpest pace since Britain negotiated its finances with the International Monetary Fund (IMF) in 1976, the Institute for Fiscal St....... More »
India Inc's fund raising through private placement of debt surged 42 per cent to Rs 40,300 crore in the first quarter of the current fiscal, with over half of the fund being mobilised by financial instituti....... More »