Coca-Cola India is planning to sell a part of its wholly-owned bottling business, Hindustan Coca-Cola Beverages (HCCB), for which it has approached the promoters of at least four top Indian business families, reports said.

Global ratings agency Fitch expects the Indian economy to expand by 7.2% in FY25, slightly higher than the earlier estimate of 7%. It also sees investments continuing to rise but slower than in recent quarters and consumer spending recovering...

Adani Group will invest more than $100 billion in energy transition projects, upping its earlier commitment of $70 billion by 2030.

Gross direct tax collections have increased 22.2% to £51.59 bn during the fiscal year up to June 17, providing cushion to the Centre to take on higher spending. Latest data released by the finance ministry estimated a 27.3% growth in advance...

Reliance Jio has received approval from the Indian space regulator to launch satellite-based Internet services in India. According to reports, the authorizations were granted in April and June by the Indian National Space Promotion and Authorization...

India's retail inflation eased slightly to a 12-month low in May with prices of some food items moderating marginally, while the index of industrial production (IIP) growth held steady at 5% level in April.

Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indications that the Union Budget will be presented around the third week of July, with consultations...

Korean car major Hyundai Motor is looking to sell around 17% stake in its Indian arm through an initial share sale (IPO), which may be India’s biggest issue so far, to raise as much as £2,5 billion, valuing the company at around £15 bn. With...

Debt-ridden telecom operator Vodafone Idea (VIL) will allocate shares worth £245.8 mn to key infra vendors - Nokia and Ericsson - to clear partial dues.

The Gautam Adani family owned Ambuja Cements is buying Penna Cement Industries in a deal valued at £1.04 bn including debt, expanding its presence in the south. The transaction marks Ambuja’s fourth M&A after Adani checked into the sector through...