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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

Business News
 
Indian company behind Africa's citizen ID project
Monday - Apr 11, 2011, 02:00pm
Madras Security Printers, an Indian company which specialises in security printing, is a known name in Africa. It is engaged in printing passports, visa stickers, stamps and other official documents for over half a dozen countries in the 53-nation continent.
Researching a purchase ‘can help ease buyer’s remorse’
Monday - Apr 11, 2011, 01:21pm
A new study has suggested that consumers often experience less post-purchase regret when they use more cognitive effort, which involves performing research, gathering opinions and exploring options before purchasing a product.
Freeze on setting up factories in Faridabad, Panipat lifted
Monday - Apr 11, 2011, 12:05pm
The Central Pollution Control Board and the ministry of environment and forests have lifted the moratorium on setting up of new industries in Faridabad and Panipat towns of Haryana, Chief Minister Bhupinder Singh Hooda said Sunday.
Indian cricketers may have to share goodies with taxman
Monday - Apr 11, 2011, 11:43am
They are being showered with rewards, titles and honorary doctorates after bringing cheer to 1.2 billion Indians by winning the World Cup after a 28-year gap, but the star cricketers will not find the taxman equally benevolent.
China sees first quarterly trade deficit in six years
Monday - Apr 11, 2011, 11:26am
China saw a trade deficit of $1.2 billion from January to March this year, the first quarterly trade deficit in six years, according to figures released Sunday by the General Administration of Customs (GAC).
Insurance industry to be worth $400 bn by 2020: Report
Monday - Apr 11, 2011, 11:05am
India's insurance industry will outpace economic growth and is likely to reach $350-400 billion in terms of premium income by 2020, making it among the top three life insurance markets, an industry report revealed.
Sensex down 140 points on low factory output fears
Monday - Apr 11, 2011, 10:39am
The BSE benchmark Sensex opened 140 points down on continued selling by foreign funds and retail investors amid weak trend in Asian bourses and in anticipation of a weak factory output data, scheduled for release on Monday.
Inheritance can never surpass competence: Rahul Bajaj
Saturday - Apr 09, 2011, 06:43pm
"Inheritance can never surpass competence", was the common sentiment expressed by leaders of corporate India participating in a Session on 'Transition in India Inc: The Imperatives of Succession Planning' at the CII National Conference and Annual Session 2011 at Delhi today.
Environment not a cost or obligation but intrinsic to business and growth: Jairam Ramesh
Saturday - Apr 09, 2011, 06:22pm
In a panel discussion titled 'Environment Security: Beyond Copenhagen and Cancun',Environment and Forests Minister Jairam Ramesh on Saturday highlighted that environmental security is important due to domestic concerns rather than growing international pressures of mitigating climate change.
CII stands firm in fight against corruption
Saturday - Apr 09, 2011, 06:20pm
Welcoming the agreement reached between the government and the movement being led by Anna Hazare, Confederation of Indian Industry (CII) President Hari Bhartia said that the CII has always stood for integrity, transparency and clean conduct of every transaction that happens in the country.
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