Amazon CEO Jeff Bezos meets PM Narendra Modi
Jeffrey P. Bezos, chief executive officer of Amazon.com, Friday met Prime Minister Narendra Modi, an official statement said. Bezos, who is in India for a visit, had earlier termed India an amazing country, which is full of opportunities and boasts of people who are hard-working, vibrant and have a... read more »
Three reasons why bad loans are a bigger challenge than inflation for RBI
The fourth bi-monthly monetary policy announcement of Raghuram Govinda Rajan on Tuesday, as expected, was a non-event — both for the financial markets and for the common man. A status-quo in rates doesn’t have any immediate implication on bank lending rates. Rajan kept the key lending rate,... read more »
RCom to cut debt to below Rs 20,000 cr over 2 years; 4G roll-out in 2015
umbai: Reliance Communications today said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal. “We will participate in auctions next year and will be in a position to launch 4G services in 2015,” Reliance... read more »
Vijay Mallya Gets Shareholders’ Nod to Continue as USL Chairman
Liquor baron Vijay Mallya has been re-elected as non-executive director and chairman of United Spirits at the annual general meeting of the liquor major. Following a reduction in its shareholding in USL, United Breweries (Holdings) Ltd (UBHL), promoted by Mallya, is no longer entitled to recommend... read more »
