
The Indian banking sector is back in the red in the fourth quarter with a £2.08 billion loss, thanks to provisioning for bad loans
Reliance Industries chairman Mukesh Ambani is preparing to launch what could be India’s biggest-ever IPO, despite a market downturn. Mumbai-based Jio Platforms, backed by Meta and Google, aims to raise up to Rs 302 billion (£2.4 billion) at...
Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH) signed a Memorandum of Understanding (MoU) with the Odisha government to develop a greenfield aluminium project worth $11.5 billion (Rs 1.08 lakh crore) (£8.5 billion).The...

The Indian banking sector is back in the red in the fourth quarter with a £2.08 billion loss, thanks to provisioning for bad loans
The Gujarat Co-operative Milk Marketing Federation (GCMMF) which markets dairy products under brand 'Amul' aims to establish itself as the largest dairy organisation in the world in the long term
Punjab National Bank’s (PNB’s) woes don’t seem to be ending with the state-run lender reporting a loss of £475 million in the March quarter

The Reserve Bank of India said that 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount...
Singapore has toppled Mauritius and became the top Foreign Direct Investment (FDI) source in India
The Narendra Modi government is likely to invest nearly £300 billion in transport sector in the next five years, which is nearly a third of the £1,000 billion investment push for the infrastructure sector to elevate economic growth and job creation

Former Jet Airways chief promoter Naresh Goyal and his wife Anita were offloaded from Emirates flight and were barred from leaving India
A strong mandate to the Modi-led NDA government could pave the way for softer interest rates regime from the Reserve Bank of India (RBI) when it announces its second bi-monthly policy for FY20 on June 6

UK's wealthiest people Hinduja Brothers will bid for debt-laden Jet Airways, sources said
Differences cropped up between the co-founders of India’s most successful airline IndiGo, sources said.