Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 billion by selling shares in India’s Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in India’s ITC Ltd. for about $2 billion.
RBI’s dollar swap brings liquidity flood, $15 billion boost for forex kitty
The Reserve Bank of India’s foreign exchange reserves increased by $15 billion in the week ending March 7, reaching $653.9 billion. This is the largest