Tatas, SIA finalise merger deal of Air India and Vistara

The proposed merger of Air India and Vistara has been finalised by the Tata Group and Singapore Airlines (SIA). SIA would own the remaining portion in the combined company; Tata will have around 75% of it. In Vistara, Tatas and SIA hold 51%...

India to become third-largest economy by 2027: Morgan Stanley

India is on track to surpass Japan and Germany to become the third-largest economy in the world by 2027 and to have the third-largest stock market by 2030, with key investments in technology and energy, says Ridham Desai, Morgan Stanley’s Chief...

LIC has reported a record net profit of £1.59 billion for the September quarter, over 10 times the £143.3 million profit in the year ago period. The corporation had recorded a net profit of £68.2 million in the June quarter. LIC reported a 10%...

The government through the Specified Undertaking of the Unit Trust of India (SUUTI) has said that it will sell its 1. 6% stake in Axis Bank. At current market price of Rs 874, the stake is worth £444.3 million.

Companies led by Mukesh Ambani and Gautam Adani have entered into the race to buy Future Retail, which is heavily indebted. April Moon Retail Private, a joint venture between Adani Airport Holdings and Flemingo Group, Reliance Retail Ventures,...

Goldman Sachs has promoted 80 employees globally as partners. There are eight Indians in total, with Sivasubramanian Balaji, the co-head of engineering in Bengaluru and the global co-head of data lake engineering, based in India in the Bengaluru...



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