WASHINGTON (Reuters) - U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, facing a $100-billion cleanup bill through 2013.
NEW DELHI (Reuters) - India is looking favourably at a potential tie-up between telecoms firms Bharti Airtel and South Africa's MTN, the finance minister said on Tuesday.
NEW DELHI (Reuters) - State-run Air India has suspended booking of tickets as a result of a strike by its pilots which has already seen a quarter of its flights being cancelled, the chairman of the carrier said on Tuesday.
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MUMBAI (Reuters) - Shares in Oil India are expected to rise 5 to 7 percent on debut on Wednesday following lukewarm starts by two recent large listings, although traders said firm demand for the stock should help it hold on to gains.
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MUMBAI (Reuters) - Shares in Oil India are expected to rise 5 to 7 percent on debut on Wednesday following lukewarm starts by two recent large listings, although traders said firm demand for the stock should help it hold on to gains.
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MUMBAI (Reuters) - Real estate developers Sahara Prime City and Emaar MGF Developers have filed papers with the stock market regulator for initial public offerings to raise up to 75 billion rupees ($1.5 billion), three sources said on Tuesday.
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KUALA LUMPUR (Reuters) - Tata Consultancy Services Ltd (TCS), India's top IT services firm by sales, expects a recovery in the global banking sector to boost its revenues this year, its chief executive said on Tuesday.
NEW DELHI (Reuters) - The BSE Sensex climbed more than 1 percent on Tuesday, led by Reliance Industries, Infosys and ICICI Bank, as global recovery hopes drove markets across the region higher.
NEW DELHI (Reuters) - The BSE Sensex climbed more than 1 percent on Tuesday, led by Reliance Industries, Infosys and ICICI Bank, as global recovery hopes drove markets across the region higher.
MUMBAI (Reuters) - Bharti Airtel and South African MTN Group are not looking at a dual-listed structure immediately if their merger goes ahead, Finance Minister Pranab Mukherjee said in an interview with a television channel.