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India gold futures fall on overseas weakness, oil - Reuters
MUMBAI (Reuters) - Indian gold futures fell sharply on Thursday tracking a weakness in overseas markets and a fall in crude oil prices, analysts said.

Economist Malik moves to Macquarie from JPMorgan - Reuters
MUMBAI (Reuters) - Australia-based Macquarie Group Ltd has hired Rajeev Malik as an economist for Southeast Asia and India, a Macquarie spokesman said on Thursday.

Indian shares provisionally end 0.4 percent up - Reuters
MUMBAI (Reuters) - Indian shares provisionally ended 0.36 percent higher on Thursday, led by gains in Reliance Industries Ltd and Larsen & Toubro Ltd.

Indian transporters call strike from July 2 - union - Reuters
NEW DELHI (Reuters) - Indian transporters have called for an indefinite strike, which will take 4 million trucks off the roads next month, weaken diesel demand and possibly hit supply of goods and commodities, a union leader said.

Reliance plans UK fund foray - Reuters
MUMBAI (Reuters) - India's No. 1 fund firm Reliance Capital Asset Management plans to sell its funds in U.K. from September and launch emerging market and Europe-focussed funds in the country by the next fiscal, a top official said on Thursday.

India rate rise deepens corporate funding woes - Reuters
HONG KONG/MUMBAI (Reuters) - When it comes to raising money, India's fast-growing companies have found themselves stuck between a rock and a hard place as funding costs rise. And it just got worse.

India gold demand picks up as prices move lower - Reuters
MUMBAI (Reuters) - India's gold demand improved on Thursday as prices softened tracking a weakness in the overseas markets, dealers said.

Ranbaxy may use M&A to grow in Japan generics market - Reuters
TOKYO (Reuters) - Ranbaxy Laboratories Ltd said on Thursday it sees huge opportunities for growth in Japan's generics drug market and mergers and acquisitions are a likely option for it to expand.

Govt curbs slash early sown paddy acreage in Punjab - Reuters
CHANDIGARH, India (Reuters) - Curbs imposed by the state government of Punjab has deterred farmers from early cultivation of paddy, which was depleting water levels, government officials said.

Indian shares rebound after sliding early - Reuters
NEW DELHI (Reuters) - Indian shares rebounded from a nearly 3 percent early fall to briefly turn positive on Thursday afternoon, with Bharat Heavy Electricals and Bharti Airtel leading the recovery.

 


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