NEW DELHI -- ABG Shipyard Ltd. said Thursday it will continue to seek a controlling stake in Great Offshore Ltd. as a bidding war between two of India's biggest shipbuilders escalates.
NEW DELHI -- Wholesale prices in India rose for the first time in 14 weeks and analysts expect the inflation to outpace the Reserve Bank of India's forecast by the end of the current financial year in March.
MUMBAI -- Indian fund managers may continue to deploy more cash in equities to make the most of the buoyant markets, even though the pace of investments slowed in August to the lowest level in four months as stock valuations edged hi....... More »
MUMBAI -- Tata Steel Ltd. may refinance around $900 million that it had raised to partly fund its acquisition of Anglo-Dutch steel maker Corus in 2007, a person familiar with the matter said Thursday.
MUMBAI -- Reliance Industries Ltd. raised about 31.88 billion rupees ($662 million) via a share sale, as it seeks to generate funds to expand its oil-and-gas exploration globally.
Railway Minister Mamata Banerjee [ Images] has sought a Central Bureau of Investigation probe into allegation of irregularities in recruitment during the tenure of her predecessor Lalu Prasad, which the agency....... More »
