BRIEF-India's Rural Elec exec: looking to raise $1 bln foreign debt in 2017/18
* Rural Electrification Director of Finance A. K. Agarwal says to raise 550 billion rupees ($8.51 billion) via bonds in 2017-18
May 14 Porto Group Holding:
* Q1 consol net profit after tax EGP 83 million versus EGP 28.3 million year ago
* Q1 consol revenue EGP 426.1 million versus EGP 191.3 million year ago Source:(bit.ly/2qFjJL1) Further company coverage:
PARIS, May 30 Investment banks' high underwriting fees for raising fresh capital for companies are "akin to tacit collusion" and merit review by competition authorities, the OECD said on Tuesday.
* Prospects of good monsoon, pay hikes seen bolstering spending