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USD 17.88 BILLION
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...- Dollar perks up as Fed appears in no rush to cut ratesThe dollar strengthened as Federal Reserve minutes revealed policymakers are in no hurry to cut interest rates, with some even open to hike...
- India's forex reserves fall to $644.39 billion, down $8.4 billion as of Dec 20India's foreign exchange reserves dipped by $8.4 billion to $644.39 billion as of December 20, according to data shared by the Reserve Bank...
- ZEE and Sony sign agreement to create India's second largest entertainment networkSony to hold majority stake in the merged company, ZEE promoter family to own 3.99% with an option to increase stake up to 20% from market.
- ZEE-Sony merger sealed; Sony to hold majority stake, promoter family to own 3.99% with an option to increase stake up to 20% from marketAs part of the proposed merger, ZEE will merge into SPN and, after closing, the new merged company will be publicly listed in India. The cl...
- ZEEL erases gains, slips 5% on inking merger with SonyUnder the terms of the definitive agreements, SPN will have a cash balance of $1.5 billion (assuming an INR to USD ratio of 75:1) at closin...
- India making constant efforts to gain inroads into Chinese market: Suresh PrabhuSuresh Prabhu was responding to a question on commodities selected by the government to make inroads into the Chinese market.
- Signs of green shoots? Exports,car sales up;trade deficit downIndia's exports in August grew at the fastest pace in two years, leading to a four-month-low trade deficit of USD 11 billion, while domesti...
- Rupee rises by 24 ps Vs dollar on record FII inflowsThe rupee today appreciated by 24 paise to end at an over four-month high of 45.01/02 against the US currency on the back of record portfol...
- Forex Reserves to touch $300 bn by March 2008: IEGIndia's foreign exchange reserves are expected to rise by $100 billion to touch $300 billion mark by the end of current fiscal, the Institu...
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