in-hotdailynews: 2015-05-29 India Business

Vodafone exits Bharti Airtel, sells its 4.2 % stake for $ 200 mn
Firstpost
New Delhi: British telecom company Vodafone today said it has exited from Bharti Airtel by selling its 4.2 per cent stake in the Indian telecom major to an arm of Bharti Group. Reuters image. "Vodafone confirms that it has sold, through a wholly-owned ...

Vodafone sells stake in Bharti Airtel   Hindustan Times
Vodafone sells its 4.2 % stake in Bharti Airtel for $200 mn   Moneycontrol.com
Vodafone sells 4.2% stake in Bharti for $299m   Times of India
Economic Times
Indiainfoline
all 26 news articles »

SpiceJet spins out of the red, posts Rs 22.51-crore net profit in fourth quarter
Business Today
Chief operating officer Sanjiv Kapoor said that the airline, having cut its debts and paid most of its outstanding dues, would now look to rebuild the size of its fleet as it tries to win back customers. (Photo: Reuters). SpiceJet, the low-cost carrier, announced on ...

SpiceJet flies back into the black   Daily News & Analysis
SpiceJet flies back into black after seven quarters   Times of India
SpiceJet reports Rs 22.5 crore profit in fourth quarter; returns to profitability after ...   Economic Times
Financial Express
Hindustan Times
The Indian Express
all 53 news articles »

Raghuram Rajan says happy to let public debt management agency go to the ...
Daily News & Analysis
While the Reserve Bank of India (RBI) would keep its regulatory powers for now, a road map would be prepared over the next one year for a unified financial regulator, with regulatory powers on G-secs, currency and derivatives likely going to the Securities ...

RBI Governor Raghuram Rajan visits Pulwama, assures support to flood-hit people   Economic Times
Monetary Policy & Markets: Over to Rajan for higher returns   The Indian Express
RBI Chief Visits Pulwama, Assures Support to Flood-Hit People   NDTV
Business Standard
Moneycontrol.com
Financial Express
all 67 news articles »

Provisional GDP estimates to release today: Here's all you need to...
Hindustan Times
Advance estimates for 2014-15 released in February projected India's GDP during the year to grow at 7.4%, making it the world's fastest growing economy surpassing China. (AFP photo). Share. The government will release the national income estimates for ...

India hungry for rate cut despite economic growth seen outstripping China ...   Firstpost
Time to Sweeten Indian Friendship with B'desh   The New Indian Express

all 207 news articles »

Government to award road projects worth Rs 3.5 lakh crore in 6 months
Business Today
Minister of road transport, highways and shipping Nitin Gadkari speaks about the Narendra Modi government's achievements in New Delhi on Thursday. RELATED. Tolls are required, but looking at giving some relief: Gadkari · Nitin Gadkari announces Rs ...

Corrective steps taken to propel economic growth: Gadkari   Moneycontrol.com
Centre to award Rs 3.5 lakh crore road projects in 2015-16: Nitin Gadkari   Economic Times
Doubled road investment to increase jobs three-fold   Times of India
Financial Express
The Hindu
Business Standard
all 44 news articles »

NDTV

Nifty to Open Lower; ONGC, Sun Pharma to be in Focus
NDTV
The Nifty is likely to open on a flat note in trades on Friday tracking subdued trading of Nifty on the Singapore Stock Exchange. The Nifty traded on the Singapore Stock Exchange commonly known as the SGX Nifty was down 0.26 per cent or 22 points at 8,294.
Pre-market: Nifty seen opening flat; GDP data eyed   Economic Times
Nifty may open without firm direction ahead of GDP data   Moneycontrol.com
Market may edge higher in early trade   Business Standard

all 7 news articles »

India eyes listing of ONGC's overseas investment arm - source | Reuters
Firstpost
MUMBAI The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp (ONGC.NS), a company executive said. "We have received a letter from the ministry on listing of ONGC Videsh," the executive said, adding the ...

ONGC profit slips 19.5% on write-offs, high costs   The Indian Express
Govt looks to list OVL shares; ONGC profit down 19.7% in FY15   Livemint
ONGC sees new subsidy rules boosting first-quarter profit   Reuters
Economic Times
The New Indian Express
Business Standard
all 51 news articles »

NDTV

Lower sales drag NMDC profit 31% to Rs 1347 crore
Financial Express
Iron ore major NMDC has reported a 31% fall in net profit to Rs 1,347 crore for the quarter ended March 31 against a net profit of Rs 1,962 crore... By: fe Bureau | Hyderabad | May 29, 2015 12:47 am ...

Pre-Market: Stocks to watch in trade on Friday   Business Standard
Bank of India posts first quarterly loss since 2001   Livemint
Bank of India says worst is over after bad debts jump | Reuters   Firstpost
Economic Times
The New Indian Express
NDTV
all 370 news articles »

ExxonMobil mulls $600 m investments in Bengaluru
The Hindu
In one of the largest foreign direct investments (FDIs) in country's information technology sector, the U.S.-based oil and natural gas major ExxonMobil, is planning to set up a Business Support Centre. It is also likely to set up its first research and development ...

ExxonMobil to set up business suppport centre in Bengaluru   Economic Times
ExxonMobil Set to Hire 1000 in City   The New Indian Express
ExxonMobil to set up biz centre in B'luru   Deccan Herald

all 6 news articles »

Blackstone to acquire 247 Park with Rs 1050 crore buyout from Milestone, HCC
Economic Times
MUMBAI: Private equity major Blackstone Group, the biggest owner of office space in the country, has entered into a definitive agreement with Milestone Capital and Hindustan Construction Company to acquire 247 Park, a large commercial property in the ...

Blackstone set to buy 247 Park in Mumbai for Rs1,060 crore   Livemint

all 3 news articles »

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