BENGALURU Indian telecom operator Bharti Airtel Ltd said on Wednesday it would raise up to $3 billion via debt and equity, as it looks for ways to pay down overdue fees it owes the government.
BENGALURU, Dec 4 Indian telecom operator Bharti Airtel Ltd said on Wednesday it would raise up to $3 billion via debt and equity, as it looks for ways to pay down overdue fees it owes the government.
MUMBAI/BENGALURU India's central bank on Wednesday said it will begin bankruptcy proceedings against Dewan Housing Finance Coporation Ltd (DHFL), a move that puts the country's ailing shadow banking sector back in the spotlight.
* Shadow banks ailing but play key role in India's economy (Updates throughout with comments, quotes, context)
BENGALURU/NEW DELHI Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.
BENGALURU/NEW DELHI, Nov 15 Indian telecom stocks rose on Friday amid hopes that the government would step in to help the ailing sector, a day after two top mobile carriers warned their ability to operate and make profits would depend on relief from the country.
Nov 8 Indian shares inched lower on Friday after Moody's Investors Service lowered its ratings outlook to "negative" from "stable", saying it was increasingly likely that economic growth will remain lower than in the past.
BENGALURU, Indian shares extended gains on Thursday, led by a rally in real estate stocks after the government approved 100 billion rupees ($1.41 billion) for a fund to help clear stalled housing projects.
BENGALURU,Nov 7 Indian shares extended gains on Thursday, led by a rally in real estate stocks after the government approved 100 billion rupees ($1.41 billion) for a fund to help clear stalled housing projects.
BENGALURU Indian shares slipped in early trade on Wednesday, dragged by financial and consumer discretionary stocks, and tracking weakness in broader Asia.
Hong Kong leader Carrie Lam visited Beijing on Saturday for her first trip to the Chinese capital since her government was handed a crushing defeat in local elections last month, prompting speculation about changes to her leadership team.