Briefly Business: WGC: India’s gold demand to rise by 15% in Q4 2013

Briefly Business: WGC: India’s gold demand to rise by 15% in Q4 2013

Moody’s has given ‘Baa3’ rating to Bharti Airtel.

Mumbai: India’s gold demand is likely to increase by over 15 per cent during the last quarter of this year to up to 300 tonne from last year on account of good monsoon and 20 per cent more auspicious days this festival season,the World Gold Council said.

Moody’s assigns ‘Baa3’ rating to Bharti

New Delhi: Moody’s has given ‘Baa3’ rating to Bharti Airtel,saying that this is underpinned by receipt of strong and growing cash flows from its Indian operations.

3 FDI proposals cleared: FinMin

New Delhi: Three proposals entailing Rs 38.09 crore in foreign direct investment (FDI) have been cleared,the Finance Ministry said on Tuesday.

Air Costa to operate from October 14

Hyderabad: Air Costa,Andhra Pradesh’s first regional airline promoted,will launch its commercial operations from October 14,its chairman L Ramesh said on Tuesday.

‘$12 bn pulled out from emerging markets’


New Delhi: Investors pulled out more than $12 billion from equity funds focused on emerging markets including India in the July-September quarter on concerns over the US Fed’s plan to curtail stimulus drive,says a report.

DLF sells 33 MW wind mills in Rajasthan

New Delhi: DLF has completed the sale process of 33MW wind turbines project in Rajasthan to Violet Green Power for Rs 67.44 crore.

Download the Indian Express apps for iPhone, iPad or Android