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Chandini Monnappa

Bharti Airtel to raise $3 billion as India seeks levy from telcos

04 Dec 2019

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.

UPDATE 2-Bharti Airtel to raise $3 bln as India seeks levy from telcos

04 Dec 2019

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.

India to start DHFL's bankruptcy proceedings in latest shadow banking crisis

20 Nov 2019

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.

UPDATE 2-India to start DHFL's bankruptcy proceedings in latest shadow banking crisis

20 Nov 2019

* Shadow banks ailing but play key role in India's economy (Updates throughout with comments, quotes, context)

Telecom shares rise on hopes of government help

15 Nov 2019

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.

UPDATE 3-Indian telecom shares rise on hopes of government help

15 Nov 2019

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.

Indian shares slip after Moody's cuts outlook to 'negative'

08 Nov 2019

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.

Real estate stocks push Sensex, Nifty higher

07 Nov 2019

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.

Real estate stocks push Indian shares higher

07 Nov 2019

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.

Sensex, Nifty inch lower; Titan slumps on weak results, guidance

06 Nov 2019

BENGALURU Indian shares slipped in early trade on Wednesday, dragged by financial and consumer discretionary stocks, and tracking weakness in broader Asia.

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