Reuters
Infrastructure
Power Grid $1.1B share sale fully covered
A $1.1 billion share sale in state-run Power Grid Corp of India was fully covered on Wednesday, the second day ......
General
RBI proposes new capital rules for banks too-big-to-fail
The Reserve Bank of India (RBI) plans to introduce increased capital requirements by 2016 for banks regarded as too big ......
General
India BOP deficit rises in July-Sept; current account gap narrows
India's balance of payments deficit surged despite a sharp improvement in the current account deficit in the July-September quarter, primarily ......
Consumer
H&M gets FIPB nod to invest $115M
Swedish retailer Hennes & Mauritz has received final approval from India's Foreign Investment Promotion Board (FIPB) to invest 7.2 billion ......
Manufacturing
ArcelorMittal, Nippon Steel to buy Thyssen US plant for $1.55B
Arcelormittal and Nippon Steel & Sumitomo Metal Corp agreed to buy ThyssenKrupp's steel plant in the United States for $1.55 ......
Consumer
Pearson sells Mergermarket for $624M to BC Partners
British media and education group Pearson said on Friday it had sold its M&A-focused Mergermarket news service for 382 million ......
General
SEBI relaxes rules for infra debt funds
The Securities and Exchange Board of India (SEBI) relaxed fundraising rules on Friday for infrastructure debt mutual funds in its ......
TMT
Competition Commission to investigate Ericsson in smartphone patent row with Micromax
The Competition Commission of India (CCI) is to investigate Swedish telecoms equipment maker Ericsson in regard to a dispute over ......
General
UBS shrinks corporate advisory team for rich in emerging markets
Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market ......
General
Rural India shows signs of economic revival but wider outlook glum
Pandurang Ghorpade has the weather to thank as he hands out celebratory sweets to neighbours eager for a ride on ......
