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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
 
Japanese firms eyeing elderly care markets
Tuesday - Oct 15, 2013, 03:54pm
By the year 2050, for the first time in history, seniors over the age of 60, will out number children under the age of 15.
UN warns global economy to struggle with 2.2 pc `stagnant growth` in 2013
Tuesday - Oct 15, 2013, 03:21pm
A new United Nations economic report has warned the global economy is still struggling to return to a strong and sustained growth path with a stagnant rate of 2.2 percent output expected in 2013.
BJP questions UPA’s economic policies, says ‘poor feels betrayed’
Tuesday - Oct 15, 2013, 03:14pm
The Bharatiya Janata Party (BJP) on Tuesday held the economic policies of the Congress-led UPA Government responsible for inflation, and said it is the worst failure of an economist Prime Minister.
Antigua and Barbuda offers citizenship for investment
Tuesday - Oct 15, 2013, 02:52pm
The Caribbean nation of Antigua and Barbuda launched a plan Monday to sell passports for investment in a bid to haul the economy back on to the road to development.
Sensex trades flat, bank stocks plunge
Tuesday - Oct 15, 2013, 02:43pm
A benchmark index of Indian equities markets was trading flat in the 2.00 p.m. trade session Tuesday due to worries over the US debt ceiling crisis.
RIL to invest $3.2 bn to bring D34 gas discovery to production
Tuesday - Oct 15, 2013, 02:09pm

Reliance Industries has said it will invest USD 3.2 billion in bringing to production the satellite D34 gas discovery to reverse the decline in output at the Bay of Bengal KG-D6 block.

Hindalco shares fall 5% after CBI books KM Birla in coal scam
Tuesday - Oct 15, 2013, 01:09pm

Shares of Aditya Birla-promoted firms such as Hindalco Industries, AB Nuvo and Idea Cellular on Tuesday fell by up to 5 per cent after the CBI registered a case against industrialist Kumar Mangalam Birla in connection with alleged irregularities in allocation of coal blocks in 2005.

Rupee recovers 23 paise vs dollar in early trade
Tuesday - Oct 15, 2013, 11:05am

The rupee recovered by 23 paise to 61.32 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange following selling of the American currency by exporters and banks.

Yahoo acquires URL-shortening ad-service Bread
Monday - Oct 14, 2013, 03:52pm
Yahoo has acquired URL-shortening advertisement startup Bread, shutting down the service, but integrating the technology and its employees.
Panasonic lands lithium-ion batteries order from Reliance
Monday - Oct 14, 2013, 03:47pm
Panasonic has received an order for lithium-ion batteries from Indian conglomerate Reliance Group.
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