As a liquidity crunch continues in the banking system, the Reserve Bank of India (RBI) has said it will consider infusing liquidity by further reducing the cash reserve ratio (CRR) to help banks

Burdened by higher power purchase cost and lower bill structure, Reliance Infrastructure, which has controlling stake in three power distributing companies (discom) in Orissa, has suggested that

Reliance Industries (RIL) will form a joint venture with Russian company SIBUR, Eastern Europe's biggest petrochemicals producer, to produce 100,000 tonne of butyl rubber per year in Jamnagar, at

Debt-crippled Kingfisher Airlines said on Tuesday it had allotted equity shares against optionally convertible debentures (OCDs), a development that would help the country’s third-biggest

Lanco Infratech is known to be in talks with international energy majors like AES of United States and Gaz de France to sell a part of its power business. The company had recently said it planned

Thrissur-based South Indian Bank (SIB) has revived its plan for a qualified institutional placement (QIP) of Rs 1,000 crore. The bank has decided to complete the issue in the current financial

“The sector should be given an industry status. Single-window clearance is also required. The I-T exemption limit on housing loan has been at Rs 1.5 lakh for many years, despite a steep rise