Mark Williams

Position: Journalist

Articles

India's LIC raises State Bank stake to 9.16 pct March 13, 07:09am EDT 

MUMBAI, March 13 (Reuters) - State-run Life Insurance Corp of India has raised its stake in top bank State Bank of India <SBI.BO> by 2.12 percent to 9.16 percent through market purchases, the state-run lender said in a stock exchange filing. ...  Full Article 

India Reliance in first term diesel deal with Hess March 13, 06:23am EDT 

NEW DELHI, March 13 (Reuters) - India's Reliance Industries has sold at least 4 diesel cargoes of 65,000 tonnes each to Hess Corp <HES.N>, its first ever term contract with the U.S.-based refiner, with supplies beginning in April, trade sources ...  Full Article 

India's regulator seeks lock-in for telco founders March 12, 12:05pm EDT 

NEW DELHI, March 12 (Reuters) - India's telecoms regulator has recommended that equity capital put up by the founders of a firm should be locked in for three years, and any stake sale within that period would need government approval.  Full Article