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Weak rupee, bank slide pull Sensex to near one-month low

Jun 07, 2013

The BSE Sensex closed at 19429.23, down 0.46 percent, while the Nifty closed at 5881.00, down 0.68 percent. #Sensex #nifty #Rupee #RCom #RIL #Bank shares #MarketClose
Ambani brothers strike Rs 12,000 cr telecom tower deal: All you need to know

Jun 07, 2013

Billionaire Ambani brothers today announced a Rs 12,000-crore deal, wherein Mukesh will use towers owned by a firm run by his younger sibling Anil for launch of his telecom venture. #HowThisWorks #Reliance Industries #Mukesh Ambani #Anil Ambani #RCom #4G services #Reliance Jio
Nifty ends at 3-month high on rate cut hopes; RIL, TCS lead rally

May 02, 2013

The central bank is expected to cut interest rates tomorrow, and there are some who believe that RBI might cut the cash reserve ratio too. #Sensex #nifty #RCom #MarketClose #Stock Markets

Wire

Economic Times
Should investors book profits in RCom after recent rally?

2013-06-19 11:35:00

NEW DELHI: Shares of Reliance Communications Ltd have rallied 20 per cent so far in this week largely on the back of new roaming regulations. However, for the year 2013, Reliance Communications has rallied over 70 per cent. After putting a strong 11 per #Reliance Communications #New Delhi #Bharti Airtel
DNA India
Reliance Jio gives RCom a second lease of life

2013-06-08 05:14:00

A day after the annual general meeting of Reliance Industries, where chairman Mukesh Ambani vowed a disruptive 4G launch next year, the group’s telecom arm, Reliance Jio Infocomm, on Friday signed a Rs 12,000 crore deal ($2.2 billion) with Reliance Commu #Mukesh Ambani #Reliance Industries #Reliance Communications
Sify
RCom-Reliance Jio deal: The new tower of power?

2013-06-10 22:13:00

Ever since the market started buzzing with news on a potential tower sharing deal between Reliance Jio and Reliance Communications (RCom), select analysts have been betting on the turnaround of the debt-laden telecom company. The latest reason that stren #Reliance Communications #Morgan Stanley #Reliance Industries

Editor's picks

Lok Sabha polls 2014: Back to basics for Congress and BJP

With the playing field level, from now on it will be a battle of strategies for the Congress and the BJP
Chidu's 'Ferrari' of reforms has an autorickshaw engine

A slew of economic reforms has been promised this month, but one should not expect anything more than fancy footwork from the FM.
From a fed-up, die-hard fan: An open letter to SRK

Forget all this surrogacy business. The reason we love Shah Rukh Khan is that he’s been one of Bollywood’s smarter actors. But of late, SRK’s been a bit disappointing, complains a fed-up, die-hard fan.
Dhoni has Ganguly's touch but with a difference

Rohit, Kohli, Raina, Jadeja, Ashwin, Bhuvneshwar, Umesh – that’s the core of the Indian team today and perhaps it wouldn’t be wrong to say that they are Dhoni’s boys.

Vajpayee, Advani, Modi: Every leader has given Hindutva a twist

From Vajpayee to Advani to Modi –the Sangh Parivar has come a long way, presenting before India every few years a Hindutva face rendered presentable through a shrewd makeover
Why Nitish 'really' dumped the Modi-led BJP

While prima facie it might seem to be a clash of two strong personalities i.e. Modi and Kumar, there is much more to the split than that.
3 Indias at war: Sensex India, Maoist India, and Bharat

The current tensions in India can directly be traced to three visions of India – one of which will involve breaking the country
Last man standing: Why it's easy to feel sorry for Misbah

Sympathy for a Pakistani cricketer, especially a batsman, is a novel emotion for those of us coming from the 90s.

Fear of the unknown grips the BJP in Bihar

Although the party is maintaining a brave face, the eventuality of a split has left many leaders on tenterhooks.
In Mamata's Bengal: Zero tolerance for rape or protesting against rape?

Bengal tops the list in violence against women. There have been several reports of gang rape in the past few weeks. The Mamata government has taken quick and stern action – against the women protesting the rapes in front of the CM’s residence.
Food security: For poor’s sake, jholawalas must speak up

The subsidy to the rich accounts for more than 7 percent of the GDP while that for the poor, with the food security act, would account for 1.1 percent.
Patients get HIV in Assam hospital after blood transfusion, panic spreads

Many patients who were administered blood from the same blood bank fear the worst.

Why a BJP-JD(U) split will be good for India

Neither UPA nor NDA is an alliance. And the BJP and JD(U) were mere power-sharers, not allies. To grow, alliances have to be built around principles not just power-sharing
Chidu takes comfort in Fitch upgrade, but where are real reforms?

At a press conference, Finance Minister P Chidambaram, however, did not reveal any concrete steps but promised more reforms by August. He said the rupee’s decline is in line with that of the currencies of other countries with high current account deficit like India.
Why cutting interest rates will have little impact on industrial production

The index of industrial production (IIP), a measure of the industrial activity in the country, grew by a meagre 2% in April 2013, in comparison to the same period during 2012. The index was expected to grow by around 2.4% (source: India: Weak growth and sticky retail inflation. Sonal Varma and Aman Mohunta, Nomura). In [...]
Why 'Sir' Ravindra Jadeja is a people's genius

If one was simply to go by numbers, young and jolly Jadeja is on course to be a great. That’s not overrating him — it’s the simple logic of statistics one cannot argue against.

The Aurangzeb factor: 5 lessons from Modi-Advani tussle

Political parties need to have a process for electing leaders. This problem relates more to cadre-based parties such as BJP and CPM.
Why 55-60 to the dollar may be the new normal for rupee

A drop in the US dollar index does not seem to help the rupee; this shows that the Indian currency seems to be marching to its own gloomy beat.
Critics split on Apple iOS 7: Hideous, unoriginal or a thing of pure beauty?

The new design has sparked debates over whether Apple stole the design from Android or Windows 8 or just created an unholy union of the two. We take a look at what the critics are saying:
Is Putin the Salman Khan of international politics?

Is Vladimir Putin the Salman Khan of world politics? Our new columnist, stand-up comedian Gursimran Khamba pontificates.

Advani wins: No free hand for Narendra Modi just yet

What was the senior leader’s specific problem? Well, one is the indecent hurry in which Modi’s is being shoved down the throats of other leaders in the party.
Obama's second innings? As a junior engineer in govt service in India

Is Barack Obama about to sit for an exam for a junior level engineer in India? A man in Rajasthan says he’s got an admit card with Obama’s picture on it from the Staff Selection Commission. Actually on second thought that might not be such a bad second career for the President.
How US industries are trying to use 'treaties' to arm twist India

US companies are blatantly violating international agreements or purely lying, when they accuse India of using TRIPS flexibilities. Americans have spoken the same language against other countries such as Brazil and Thailand, but failed.