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ICICI Bank hits Chinese bond market with $500 mn benchmark issue

This is the third issue by ICICI Bank and makes it the second domestic lender to sell bonds to offshore Chinese investors after IDBI Bank's issue earlier on.

RBI relaxes some forex option premium payment rules

RBI has allowed the buyer of the forex option to spread the premium payment over the maturity of the contract.

Sensex down over 100 points as banking stocks fall

The BSE Sensex dropped over 130 points, while the broader Nifty came close to breaching the 5,800 mark in the closing hour on Tuesday. Global markets were nervous on account of uncertainty about the f...

Vodafone slashes internet charges by 80 per cent

These rates are currently applicable in Karnataka, UP West and Madhya Pradesh & Chhattisgarh circles and will be rolled out nationally in a phased manner.

Sensex to hit record high of 22,000 by next June: poll

Battered Indian stocks will bounce back in the second half of 2013, according to a Reuters poll of leading equity strategists who cited hopes of economic recovery and further fiscal reforms.

BHEL wins Rs 450 crore renovation and modernisation contract

The World Bank-funded Rs 450 crore contract has been placed on BHEL by the Maharashtra State Power Generation Corp Ltd, the statement said.

Government clears 16 FDI proposals worth Rs 1,647 crore

The board, headed by Economic Affairs Secretary Arvind Mayaram, also cleared the Rs 962 crore proposal of Vijay Television for acquisition by foreign promoters.

Airbus clinches $11 billion easyJet order

EasyJet agreed to buy 35 current-generation A320 aircrafts and 100 new-generation A320neo jets, with options for a further 100.

RCom shares jump 10% on new roaming guidelines

Shares in Reliance Communications surged as much as 10 per cent on Tuesday as the new roaming regulations are seen as less stringent than expected. Dealers said the new guidelines announced by the Tel...

Ranbaxy shares drop 6% on margin compression concerns

Shares in drugmaker Ranbaxy fell as much as 6 per cent on Tuesday. Ranbaxy was also the top loser on the 50-share Nifty benchmark.

Your glass of Scotch whisky, French wine may get cheaper soon

According to reports, Commerce and Industry Anand Sharma has made an offer to the European Union (EU) as part of a free trade agreement (FTA) to slash the import duty on spirits and wine to 40 per cen...

Income Tax Department carries out searches at SRM group premises

Sleuths of the Income Tax Department today searched more than 25 premises in the city belonging to the SRM group, sources said.

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