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Mumbai, June 6 (IANS): The worries over the monsoon and the stance of the Reserve Bank of India (RBI), which was perceived as hawkish despite a fall cut in policy rates, resulted in a near 4-percent drop in key equity indices during the…

New Delhi, May 29 (IANS): British telecom major Vodafone has sold its 4.2 percent stake in Bharti Airtel to Bharti Enterprises (Holding) for $200 million. Vodafone said in a statement here that its decision to offload its stake in the…

India Infrastructure Fund II will acquire 23.5 percent stake worth about Rs.426 crore in ONGC Tripura Power Company (OTPC), jointly promoted by ONGC, IL&FS Energy Development Company (IEDCL) and the government of Tripura, state-run Oil…

Indian stock market was seen extended fall in the afternoon trade on Tuesday rattling  the sentiments of stock market investor.  Both BSE Sensex and Nifty were seen red at 2:30pm, due to the weak clues from the Asian markets. At 2:30 pm,…