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Brookfield buys into infra with road, power deal

A consortium composed of Brookfield and the Core Infrastructure India Fund Pte Ltd are buying the projects, six of which are operational, said Ambit Holdings, which advised Gammon on the deal.

Nifty regains 8,000 mark as mkts stay upbeat

The BSE Oil, IT and metal indices led the rally, with gains of around 1 per cent each, while the banking and pharma indice ended in the red.

RBI more likely to cut rates in September, GDP growth steady: Reuters Poll

The median from survey of 21 economists in a Reuters poll showed a 60 per cent chance that the central bank would cut its policy repo rate from 7.25 per cent at the next meeting.

Anil Ambani, chairman of Reliance Group

The deal has been signed for Rs 6,000-crore, making it one of the largest deals under the "Make in India" programme. It calls for making 197 Kamov 226T choppers to retire the Chetak-Cheetah fleet.

Greek judge appointed caretaker PM ahead of elections

Vassiliki Thanou, an opponent of austerity who has argued against wage cuts for judges and court officials, and her new interim government will remain in place at least until parliamentary elections are held.

Fri Aug 28 18:04:45 IST 2015
 

From The Magazine

Will RBI succeed in its financial inclusion plan?

It has given licences to 11 entities for opening payments banks to widen the financial inclusion net and bring small payments like remittances, utility bills, ticketing, etc, under the digital umbrella.

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