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China helps Pakistan with $2.1 billion loan

Cash-strapped Pakistan will receive over USD 2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy, the Finance Ministry has announced.Ministry's adviser and spokesperson Khaqan Najeeb Khan

TCIL plans to raise Rs 1,500 crore through IPO

State-owned Telecommunications Consultants India Ltd (TCIL) expects to raise roughly Rs 1,500 crore from its planned IPO and wants to retain part of the proceeds -- about Rs 600 crore -- for expansion and working capital needs, according to a