NEW DELHI Indian wind power tariffs fell to a record low in a government-run auction on Friday, weeks after solar power rates too hit an all-time low, as the country looks to cut chronic electricity shortages in one of the world's biggest clean energy programmes.
Recent Business News
LONDON Royal Bank of Scotland reported a sharp rise in losses on Friday as higher misconduct charges and restructuring costs underscored the challenges facing the lender nine years after it was bailed out in the world's biggest bank rescue.
BENGALURU India's economy is expected to have slowed sharply to a near three-year low in the final three months of 2016, as demand wilted following Prime Minister Narendra Modi's surprise decision to ban high-value currency notes, a Reuters poll of economists showed.
WINNIPEG, Manitoba/MUMBAI Canadian exporters are slowing sales of peas and lentils to India, threatening C$1.1 billion ($762.95 million) in annual trade of the food staples, over risk that New Delhi may reject shipments under its tougher approach to pest control.
MUMBAI India's Avenue Supermarts Ltd will take subscriptions for its initial public offering of up to 18.7 billion rupees ($280.42 million) on March 8-10 with the listing likely to take place on March 21, the supermarket operator said in a filing released on Friday.
HONG KONG China's securities regulator is considering offering a shortcut for some of the country's largest technology companies to list their shares, allowing them to jump a long queue of applicants and boost domestic bourses, according to six people with knowledge of the proposals.