Briefly Business: EGoM to discuss telecom M&A norms postponed

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SummaryThe EGoM meeting scheduled for Tuesday to discuss the much-awaited M&A guidelines in the telecom sector has been postponed.

New Delhi: The EGoM meeting scheduled for Tuesday to discuss the much-awaited M&A guidelines in the telecom sector has been postponed, official sources said. PTI

SBI to raise $1.53 bn through share sale

Mumbai: State Bank of India (SBI) has decided to raise up to Rs 9,576 crore or $1.53 billion through a share sale to institutional investors or a follow-on public offer, the bank said in an exchange filing. PTI

BlackBerry slashes Q10 price by over 13%

New Delhi: BlackBerry has slashed the price of its Q10 handset by over 13 per cent to Rs 38,990. The scheme is valid till January 26. PTI

Morgan Stanley raises India growth estimates

Mumbai: Morgan Stanley has raised its 2013 and 2014 GDP growth estimates for India to 4.7 per cent and 5.1 per cent, respectively, from 4.4 per cent and 4.6 per cent. ENS

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