REUTERS SHOWCASE
India M&A Market
Advice may be nice, but backing it up with balance sheet can be key to winning M&A business for i-banks in India. Full Article
Policy Moves
The Reserve Bank of India may not be ready to tone down its hawkish monetary policy just yet. Full Article
Offer Rejected
Foster's knocked back a private equity offer worth up to $2.5 bln for its wine business as too cheap. Full Article
BSE Sensex provisionally closes up 0.3 pct
People watch a large screen displaying India's benchmark share index on the facade of the Bombay Stock Exchange (BSE) building in Mumbai January 24, 2008.
Credit: Reuters/Punit Paranjpe/Files
MUMBAI |
MUMBAI (Reuters) – The BSE Sensex provisionally rose 0.3 percent in choppy trade on Thursday, led by gains in financials, with firm world equities supporting the rise.
The 30-share BSE index provisionally ended up 0.31 percent or 55.37 points at 18,012.74 points with half of its components gaining.
The 50-share NSE index provisionally closed up 0.3 percent at 5,411.45.
(Reporting by Ami Shah)
(For more business news on Reuters India click in.reuters.com)
Vodafone sells China Mobile stake for $6.6 bln
HONG KONG/LONDON (Reuters) - Vodafone, the world's largest telecommunications operator by revenue, said on Tuesday it sold its 3.2 percent stake in China Mobile for $6.6 billion.
- Tata Steel to raise up to $5.5 bln debt
- Balance sheet talks in India market for M&A advice
- SBI head: Got RBI concession on aviation loans
- Boeing not ruling out merger with rival
- Sun Pharma says Supreme court of Israel rules in favour
- Oil falls for 3rd session on share price drop
- RBI: No timeframe for freeing savings rate
Facts about India's infra sector
India's infrastructure has been improving slowly but steadily over recent years, with foreign investors increasingly keen to invest in the sector. Full Article
Foster's rebuffs $2.5 bln offer
Foster's has rejected a private equity offer worth up to $2.5 bln for its wine unit as too cheap and plans to continue with the split of its beer and wine businesses. Full Article
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