Future Retail to raise Rs. 2000 crore
Future Retail’s Board of Directors of the company has approved to raise Rs. 200 crore to reduce debt. At least 75% of the funds will be used for reducing debt.
India’s exports grow 12.4% to $28bn in May
India’s exports rose 12.4% in May over the previous year, the sharpest rise in 6 months helped by a weaker rupee.
RCom drops amid volatility
Reliance Communications lost 0.23% after the company announced the launch of its Next-Gen 3G services in 5 more telecom circles thereby expanding its 3G footprint to 18 circles across the country.
India Cements gearing up for demand pick-up
India Cement is planning to ramp up production, anticipating a demand pick up under the new government at the Centre and state. Cement prices have already gone up in most markets by Rs 20-30 per bag.
Future Retail’s Board of Directors of the company has approved to raise Rs. 200 crore to reduce debt. At least 75% of the funds will be used for reducing debt.
India’s exports grow 12.4% to $28bn in May
India’s exports rose 12.4% in May over the previous year, the sharpest rise in 6 months helped by a weaker rupee.
RCom drops amid volatility
Reliance Communications lost 0.23% after the company announced the launch of its Next-Gen 3G services in 5 more telecom circles thereby expanding its 3G footprint to 18 circles across the country.
India Cements gearing up for demand pick-up
India Cement is planning to ramp up production, anticipating a demand pick up under the new government at the Centre and state. Cement prices have already gone up in most markets by Rs 20-30 per bag.
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