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Sops likely for services sector in Foreign Trade Policy
The government is considering extending incentives to the services sector, battling demand recession in Western economies, in the Foreign Trade Policy to be unveiled next month.

FIIs net sellers Rs 900cr on Thursday
The foreign institutional investors (FIIs) were net sellers of Rs 899.75 crore in futures and options segments on Thursday.

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Trai contemplating regulations for telecom tower biz
Telecom regulator Trai is mulling to bring the tower business of telecom companies under the ambit of regulations so that the Department of Telecom can consider a separate policy for the segment at a later stage.
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Religare Enterprises to raise Rs 1,850 cr via rights

Financial services provider Religare Enterprises today said it would raise Rs 1,850 crore through rights issue. - Sebi allows 16 banks to accept ASBAs - State Bank of Mysore to raise Rs 600 cr via rights - Eyes on the world - RFL eyes Rs 5,000 cr consumer lending - Indians cast net for expat CEOs - Lloyds Banking to raise $22.3 billion in rights issue The members of the issue committee, at its meeting held today, have given their approval to issue shares at Rs 355 per piece, Religare Enterprises said in a filing to the Bombay Stock Exchange (BSE). The company would issue shares in the ratio of 2:3 that is two equity shares for every three stocks held, it said. Shares of Religare Enterprises today closed at Rs 411, up 0.24 per cent from its previous end on the BSE.


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