News
Reebok India accuses former top execs of $157 million fraud
www.reuters.com
[Reuters] Reebok India after KPMG clarified that it is not and has not been auditor in India for Reebok or Adidas for the last several years.) (Reporting by Nandita Bose, Additional reporting by Kaustubh Kulkarni in Mumbai; Editing by Tony Munroe and Ryan Woo)
Rupee skids to 56 versus dollar; more falls seen. Full Article
in.reuters.com
[Reuters India] in debt and stocks in April, th ey are slight buyers in May as of Tuesday and significant net buyers in the year to date. (Additional reporting by Subhadip Sircar and Charmian Kok; Writing by Rafael Nam; Editing by Tony Munroe and Sanjeev Miglani)
RBI officials resigned to weaker rupee
in.reuters.com
[Reuters India] with imports rising faster than exports. "We don't have very big foreign reserves. We can't keep supplying dollars to the market," the first official said. (Additional reporting by Suvashree Dey Choudhury; Editing by Tony Munroe and Neil Fullick)
Bharti Airtel in money laundering probe
in.reuters.com
[Reuters India] - The BJP had alleged that the government was trying to "divert the attention" by probing spectrum grants during its term in power. (Additional reporting by Abhishek Vishnoi; Editing by Tony Munroe and Jeremy Laurence)
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