India to Raise $1.1 Billion in Miner Sale

India is poised to raise at least $1.1 billion selling a stake in the nation’s biggest iron-ore miner as it seeks to curb a budget deficit that’s put its investment grade credit rating at risk.

Ajinomoto Seeks Overseas Deals
16:47 - Ajinomotois hunting for acquisitions in Europe armed with a 200 billion yen ($1.8 billion) war chest, the latest push by the Japanese maker of MSG seasoning to counter slowing growth and a declining population at home. Bloomberg's Grace Huang reports on "Bloomberg Markets." (Source: Bloomberg)
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