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RIL restarts crude unit after brief shutdown
Reliance Industries, the world's largest refiner, has restarted a 330,000 barrels per day crude distillation unit (CDU) on Monday following a shutdown last week for maintenance, traders said.TheMore
Essar Oil to sign $1 bln debt-for-fuel deal with China
Essar Oil Ltd will sign a $1 billion loan deal with China on Tuesday that sources with knowledge of the matter said would be backed by supply of refined products to top state oil producer PetroChina.More
Hong Kong shares soar to 3-1/2-month high, China extends winning streak
* HSI +1.8 pct, H-shares +1.5 pct, CSI300 +0.7 pctMore
Mahindra gains on earnings hopes of Korea unit
Shares in Mahindra and Mahindra Ltd gain 3.8 percent, after stocks of its subsidiary Ssangyong Motor Co Ltd hit a 16-month high, dealers say.Shares in Ssangyong Motor jumped as much as 13.5 percent onMore
STOCKS NEWS SINGAPORE-WE Holdings jumps on Myanmar business plan
- Shares in WE Holdings Ltd jumped as much as 11 percent after the electronics manufacturer and distributor unveiled plans to invest in a Myanmar-based cement plant.More
Hong Kong shares soar to 3-1/2-month high, China set for 4th straight gain
* HSI +1.7 pct, H-shares +1.8 pct, CSI300 +1.1 pctMore
Infosys to challenge latest tax demand of $105.3 mln
Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month. TheMore
TCS finds the Wall formidable, still
When Chinese Premier Li Keqiang comes here on Tuesday afternoon, his first stop will be the offshore development centre of Indias largest information technology company, Tata Consultancy Services, inMore
Infosys' visa-related costs jump over 50% at Rs 308cr in FY'13
Stricter norms and higher rejection rate of work permits have pushed up the visa-related cost of country's second largest software services company, Infosys by more than 50 per cent to Rs 308 crore inMore
SBI aims for 25 pc deposit growth in 2013-14 fiscal
State Bank of India is projecting a deposit growth of 25 per cent during the current fiscal compared to 14.85 per cent in 2012-13. "We are seeing a very good growth in deposits. We are looking at 25More