Reliance to Buy Back 30 Billion Rupees of Shares
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Reliance Industries Ltd., India&#39;s biggest non-state company, approved a share buyback plan disregarding opposition from Vice Chairman Anil Ambani amid a spat between the brothers running the company.
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TELSTRA has announced a $750 million off-market share buy-back as part of its capital management program. Telstra expects to return $1.
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General Electric Co. (GE.N: Quote, Profile, Research) , the world&#39;s top conglomerate, said on Monday it had sold a majority of its pioneering Indian back
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San Francisco-based RS Investment Management agreed to pay $30 million to settle an allegation that it permitted &quot;excessive&quot; market timing in its mutual funds, New York Attorney General Eliot Spitzer said Wednesday.
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RS Investment Management agreed to pay &#36;30 million to settled allegations it allowed "excessive" market timing in its mutual funds, New York Attorney General Eliot Spitzer said Wednesday.
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Shares on India's main stock exchange shoot to a record high on signs that a dispute at leading India firm Reliance is coming to an end.
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Reliance Industries Ltd.&#39;s board approved a share buy-back plan on Monday, but Vice-Chairman Anil Ambani abstained from voting amid a deepening family row in India&#39;s largest private sector company.
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India's Tata Steel  won a bid battle for Anglo-Dutch steelmaker Corus Group   on Wednesday by agreeing to offer investors 608 pence per share in cash, or 5.75 billion pounds ($11.3 billion).
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Indian shares appear set to move upwards next week with the benchmark 30-share Sensex index likely to breach the 12,000 level on improved foreign fund buying sentiment, dealers said.
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Reliance Energy Ltd, headed by Anil Ambani, on Tuesday said it would not allow speculators to gain advantage of the &quot;extra-ordinary events&quot; related to the group during the share buyback period which has been extended by three months to March 17.
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Scottish and Newcastle Plc., Britain's biggest brewer, is to buy 37.5 percent of India's United Breweries Ltd in a deal worth 4.66 billion rupees (&#36;106 million), the two companies said on Sunday.
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MUMBAI/NEW DELHI: The stage is set for a family meeting of the Ambanis here on Monday on the ownership issue in the Rs 80,000 crore-Reliance group of industries as Mukesh Ambani returned from the US even as his brother Anil is understood to have
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Qualcomm Inc  said on Monday that it bought back and retired about 29 million shares in July and August for about $1.1 billion under its $3 billion stock buyback program.
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Telstra Corp., Australia&#39;s biggest phone company, agreed to buyback A$750 million ($576 million) of its own stock at the lowest price in a range offered to shareholders.
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MUMBAI: It was a roller coaster ride for Reliance Industries (RIL) which announced its buyback programme on Monday. RIL and other group shares - Reliance Energy (REL), IPCL, Reliance Capital and Reliance
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[Business India]: Mumbai, Dec 27 : Corporate behemoth Reliance Industries Monday approved one of corporate India&#39;s largest share buyback programmes with a view to curbing volatility in company stocks that have been badly hit by an ownership slugfest.
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The government of Singapore and Telekom Malaysia have agreed to buy a 48 percent stake in Idea Cellular of India from three companies for $390 million to tap into India&#39;s wireless market.