Reliance SEZ on way out, Haryana govt wants its 1,384 acres back
The Reliance India Limited (RIL) Special Economic Zone (SEZ) in Gurgaon is on its way to being shelved. Sources say RIL is expected to return the 1,383.68 acres it got from the government back to the Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC). The decision comes after RIL chairman Mukesh Ambani met Haryana [...]
Investors withdraw from bank stocks as bond yields rise
A bout of volatility was witnessed as key benchmark indices recovered after weakening again in early afternoon trade. The BSE Sensex was down 214.43 points or 1.24%, up close to 51 points from the day’s low and off close to 132 points from the day’s high. The market sentiment was weak as the latest data [...]