Markets on the Rise

A road sign stands next to the Bombay Stock Exchange building (R), August 3, 2005. REUTERS/Arko Datta/Files

BSE Sensex ends above 18,000

The BSE Sensex rose for the third straight session on Wednesday, up 2 percent to its highest level in more than six months, as falling inflation bolstered appetite for shares in interest rate-sensitive sectors such as banks, automobiles and infrastructure.  Full Article 

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Tata Motors & JLR

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Stake Sales

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Telecom M&A

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Snag in Talks

Snag in Talks

Yahoo-Alibaba talks falling apart - sources.  Full Article 

iPhone Market Share

iPhone Market Share

Apple iPhone market share to slip from Q1 - Gartner.  Full Article 

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Buy, Sell or Hold?

Stock recommendations from VantageTrade.  Full Coverage 

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Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Hindalco raises $600 mln from share sale - sources

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MUMBAI | Tue Nov 24, 2009 10:21am IST

MUMBAI (Reuters) - Hindalco Industries has raised $600 million through sale of shares, two sources with direct knowledge of the deal said on Tuesday.

On Monday, the company had said it was opening the sale at 130.90 rupees a share and had shareholder approval to raise up to 29 billion rupees ($625 million).

(Reporting by Narayanan Somasundaram; Editing by Ranjit Gangadharan)

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