Jio Platforms set to record India’s biggest IPO

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...

New Adani, IHC to Invest £8.5 billion in Odisha

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...

Lenders to Reliance Communications (RCom) moved NCLT to appoint a new resolution professional and form a committee of creditors, the first step to begin the bankruptcy process of the Anil Ambani group company that owes close to £5 billion to...

Payments company Mastercard said it would invest an additional $1 billion in India, nearly a third of which will go towards building a payments processing node that goes beyond its commitment to the Reserve Bank of India on storing data in the...



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