The shareholders of the country"s most valued company Reliance Industries (RIL) today approved the 1:1 bonus issue for which the company fixed November 27, 2009 as the record date.
Extending losses for the second day the Indian rupee today depreciated by another 15 paise to 46.63 against the US currency in early trade largely on the back of dollar"s gains versus major currencies and Asian units.
Religare Enterprise is expanding is investment banking division. The financial services company has started an investment banking division to tap opportunities in emerging markets. This new division will be part of Religare Capital Markets Limited (RCML).