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Reuters

Safaricom, Bharti receive conditional approval to buy Essar's Kenyan telco Yu

TMT

28 March, 2014

Safaricom, Bharti receive conditional approval to buy Essar's Kenyan telco Yu

Kenya's telecoms regulator granted conditional approval to the country's biggest telecom companies, Safaricom and the local unit of Bharti Airtel, ......

SEBI extends foreign portfolio investor rule implementation to June

General

28 March, 2014

SEBI extends foreign portfolio investor rule implementation to June

The Securities and Exchange Board of India (SEBI) said on Friday it will push forward the implementation of its new ......

Sensex gains over 100 points, scales new peak

General

27 March, 2014

Sensex gains over 100 points, scales new peak

The BSE Sensex rose to record highs for a fourth straight session on Thursday, as state-run lenders including State Bank ......

RBI extends deadline on capital norms under Basel III to March 31, 2019

General

27 March, 2014

RBI extends deadline on capital norms under Basel III to March 31, 2019

The Reserve Bank of India (RBI) extended the deadline for banks to implement Basel III capital planning rules by a ......

BJP's manifesto to focus on new jobs, urbanisation

Others

26 March, 2014

BJP's manifesto to focus on new jobs, urbanisation

The nationalist Bharatiya Janata Party (BJP) would welcome more foreign direct investment in defence, if elected, but would delay opening ......

Facebook to buy virtual reality goggles maker for $2B

TMT

26 March, 2014

Facebook to buy virtual reality goggles maker for $2B

Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for $2 billion, buying its ......

Carlyle hires JPMorgan's Cavanagh as co-president, co-COO

General

25 March, 2014

Carlyle hires JPMorgan's Cavanagh as co-president, co-COO

Private equity firm Carlyle Group LP said it appointed Mike Cavanagh, co-head of JPMorgan Chase & Co's corporate and investment ......

Reliance Industries skids after EC stalls gas price rise

Infrastructure

25 March, 2014

Reliance Industries skids after EC stalls gas price rise

An unexpected request by Election Commission for the government to defer a rise in gas prices until after a looming ......

BSE Sensex hits life high; bank stocks lead

Others

24 March, 2014

BSE Sensex hits life high; bank stocks lead

The BSE Sensex and Nifty jumped nearly 1.5 per cent on Monday to record highs, surpassing their previous all-time highs ......

Rupee hits eight-month closing high

General

24 March, 2014

Rupee hits eight-month closing high

The rupee ended Monday at its highest closing level against the dollar in nearly eight months as continued foreign inflows ......