Industry
PE firms call off talks to buy stake in RCom tower unit
29 May 2012
Citing high valuations, private equity firms Blackstone and Carlyle have called off talks to buy majority stake in Reliance Communications’tower unit, Reliance Infratel
Japanese chipmaker Renesas to cut 14,000 jobs, sell loss-making unit
26 May 2012
A joint venture of Hitachi and Mitsubishi Electric that later merged with NEC Electronics, Renesas Electronics Corp reported a net loss of 62.6 billion yen in the 2011 financial year
Businessmen get bail in 2G spectrum scam
26 May 2012
Reddy rules out immediate review of petrol price hike
25 May 2012
Reddy has sought a few days to watch global trends and discuss the matter with states before coming up with a view on the price hike
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