Global ratings agency Moody’s Investors Service on Tuesday retained the lowest investment grade rating (Baa3) on India’s sovereign rating but changed the outlook to stable from negative, citing that the downside risks from negative feedback...
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18th Oct 2021 | Updated at 03:38am 18th Oct 2021
Tata Motors eyeing Ford’s Gujarat, TN units
Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, multiple sources said. If the transaction materialises, it will be Tata Motors’ second asset purchase from the US major. In March 2008, the Indian company...
Reliance buys Norway-based REC Solar
Expanding into the green energy sector, Reliance Industries Limited (RIL) bought Norway-based REC Solar from China National Bluestar for $771 million (around £580 million). “Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of...
Tata Motors is in early talks with Ford to buy the latter’s units in Tamil Nadu and Gujarat, multiple sources said. If the transaction materialises, it...
Strategic reforms and the rapid vaccination drive has placed India on the path to swift recovery by enabling the economy to “navigate the ravaging waves” of the Covid-19 pandemic, according to the Finance Ministry’s Monthly Economic Review.
Expanding into the green energy sector, Reliance Industries Limited (RIL) bought Norway-based REC Solar from China National Bluestar for $771 million (around...
Reliance Retail Ventures Limited (RRVL), the retail arm of Reliance Industries, has extended the Long Stop Date for completion of its £2.47 billion deal...
India has added five billionaires every month in the last 12 months as the value of businesses such as chemicals, software and pharmaceuticals soared....
State-run carrier Air India could be headed back to its founder Tata group, which has outbid the other contender, a consortia comprising of SpiceJet promoter...
The Defence Ministry inked a nearly £2 billion deal with Airbus Defence and Space of Spain to procure 56 'C-295' medium transport aircraft which will replace...
Gautam Adani, India’s second-richest man who heads the Ahmedabad-based edible oils, infrastructure and energy conglomerate, threw a gauntlet at the country’s...
India's conglomerates have not only gained heft in the market but have also created wealth for shareholders big time. Thanks to the sizzling rally in group companies’ share prices and speedy recovery in their earnings after the first Covid wave,...
