Four Indian banks reported a combined net loss of £1.17 billion for the fiscal fourth quarter due to a jump in bad-loan provisions following a tightening of Reserve Bank of India rules
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26th Aug 2026 | Updated at 10:42am 26th Aug 2026
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...
India’s AI Summit marks global tech turning point
Over the past week, Bharat Mandapam in New Delhi has emerged as a central hub for the global tech community, hosting the India AI Impact Summit 2026, which attracted over 250,000 participants from more than 60 countries.Addressing world leaders,...
In the world's biggest-ever e-commerce acquisition, India's largest e-commerce company Flipkart agreed to sell 77 per cent stake to US retail giant Walmart...
HDFC is all set to look for a successor for Aditya Puri in a year. It plans to finalise someone to work alongside and then takeover from the CEO, when...
As part of a £940 million package for electric and hybrid vehicles, the government may offer incentives of up to Rs 2,50,000 to those scrapping old petrol...
In a major setback for Google India, the Income Tax Appellate Tribunal said payments made by it to the parent firm Google Ireland constitute a royalty under the Indian law, as well as under the India-Ireland Double Tax Avoidance Treaty (DTAA),...
American retail giant Walmart Inc is picking up a 77% stake in Indian online retailer Flipkart for $16 billion in the largest e-commerce deal ever struck...
A poll of economists estimate that India will claim top spot among the world's fastest-growing major economies this year
Tata Consultancy Services (TCS) on Monday became the first Indian company to breach market capitalisation (m-cap) of $100 billion.
The Indian government has approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018, in a bid to crack down on economic fugitives and...
Reserve Bank of India (RBI) has announced a major crackdown on cryptocurrencies, even as it unveiled plans to create its own digital currency.
