The Asian Development Bank (ADB) said that India’s GDP will rebound strongly by 11% in 2021-22 due to continued economic recovery boosted by increased...
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11th May 2021 | Updated at 12:16am 11th May 2021
ADB raises India's FY22 GDP forecast to 11%
The Asian Development Bank (ADB) said that India’s GDP will rebound strongly by 11% in 2021-22 due to continued economic recovery boosted by increased public investment, vaccine rollout, and a surge in domestic demand. But it also cautioned...
Tatas get CCI nod for $1.2bn Bigbasket buy
The Competition Commission of India (CCI) cleared Tata Digital’s acquisition of a majority stake in Bigbasket without conditions. Tata Digital’s interest in Bigbasket first became public last October. The acquisition of a 64.3% stake in Bigbasket...
The Competition Commission of India (CCI) cleared Tata Digital’s acquisition of a majority stake in Bigbasket without conditions. Tata Digital’s interest...
Food delivery platform Zomato filed a draft red herring prospectus (DRHP) with markets regulator Sebi for an initial public offering (IPO) to raise £820...
Even as the government has gone against the idea of announcing a full-scale nationwide lockdown in a bid to ensure livelihood, India Inc is voluntarily looking to curb non-essential economic activity over the next two weeks. The Confederation...
The Shapoorji Pallonji (SP) Group filed for a review of the Supreme Court verdict in its minority shareholder oppression case against Tata Sons. The move...
State Bank of India (SBI) has revised downwards India's GDP growth projections for the current fiscal year from 11% to 10.4%, citing the partial lockdowns...
India's oil ministry has drawn up plans to carve up ONGC, the country’s largest explorer into smaller entities, sell stake in its major producing and upcoming...
Union minister Nitin Gadkari has suggested Tesla to start its manufacturing facility in India so that it “doesn’t miss a golden opportunity”. Sources said the minister has told the company not to “undermine” the capability of Indian manufacturers...
Amid surging coronavirus cases in India, finance minister Nirmala Sitharaman made it clear that the government would not go for lockdowns in a big way...
Tata Sons has sold its remaining 30% in the business process management (BPM) unit Conneqt to Quess Corp - majority owned by Indian-Canadian businessman...
