India, Russia ink key pact for 2 nuclear power units

The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and......

Investors become richer by Rs 3.24 lakh cr as markets rally

Investors' wealth grew by Rs 3.24 lakh crore on Thursday as the BSE Sensex jumped nearly 1 per cent after a two-day slide. Illustration: Dominic Xavier/Rediff.com The 30-share BSE Sensex jumped......

HSBC blasts India on pvt bank stance

HSBC Asia Pacific chief lambasted the Indian government for changing its stance on foreign investment in domestic private banks. HSBC had to change its plans of taking a larger equity stake in UTI......

HSBC buys 14.6% UTI Bank pie

Reserve Bank of India has turned down Hongkong and Shanghai Banking Corporation Ltd's plans to pick up about 20 per cent stake in UTI Bank by restricting its approval for acquisition of only 14.6......

RIL raises $750 mn from overseas market

This is the second time within a few days that the Mumbai-based firm has hit the forex debt market. Reliance Industries said on Wednesday that it has raised $750 million (about Rs 4,624 crore)......