India is to have a new symbol for its currency, the rupee, after the government approved the winning entry in a national competition

India’s ambitions of developing a successful commercial space program received a boost Monday with the successful launch of five satellites into orbit.
The domestically-built Polar Satellite Launch Vehicle put the five satellites into space from the Sriharikota space center on India’s east coast. The satellites included an advanced remote sensing [...]

The boards of Anil Ambani-controlled Reliance Power Ltd (RPL) and its affiliate firm Reliance Natural Resources Limited (RNRL) on Sunday approved a Rs 50,000 crore market value (about $11 billion) merger deal, marking the latest episode in a corporate saga after the Ambani brothers reached an agreement over a gas dispute.
The [...]

A seventh discovery of oil has been made near Ahmadabad in the Cambay basin by Reliance industries. The discovery which has 410 barrels per day of oil flow rate has been named as ‘Dhirubhai 50’. Currently, the company has said that they are looking at the commercial interest that the [...]

India, the second fastest growing economy after China, has recently seen positive foreign institutional investor (FII) inflows driven by the sound fundamentals and growth opportunities.
According to analysts, the upward revision of economic growth from 5.8 per cent to 6.1 per cent, better-than-expected performance of companies in the [...]

Mukesh Ambani today unveiled RIL’s mega plans for power and telecom to double enterprise value to USD 160 billion (Rs 5,00,000-cr) in 10 years, as also intent to supply gas to Anil Ambani Group’s power plants.
Free to enter new businesses after scrapping a non-compete pact with brother Anil, Mukesh talked up the [...]

Reliance Industries Ltd (RIL), India’s most valued private company, said on Friday it will acquire a 95% stake in Infotel Broadband Services Pvt. Ltd, for Rs4,800 crore, marking the re-entry of Mukesh Ambani into telecom, five years after he exited in favour of his younger brother Anil Ambani to settle “ownership issues”.
Infotel Broadband, which won [...]

South African President Jacob Zuma met Prime Minister Dr Manmohan Singh on Friday and the duo signed three bilateral agreements to give a fresh boost to economic, trade and investment relationships.
During their meeting, the two leaders held talks on a wide range [...]

The per capita income of India grew by 10.5 per cent to Rs 44,345 in 2009-10 against Rs 40,141 in the year-ago period, according to the government data.
Per capital income means income of each Indian if national income is evenly divided among the country’s population of 117 crore.

NEW DELHI—India’s billionaire Ambani brothers are preparing to move their rivalry into the marketplace, marking a new era for one of the most closely watched family relationships in global business after battling each other in court for five years.
Reliance Industries Ltd., backed by Asia’s richest man, Mukesh Ambani, [...]