Paytm’s crash is world’s worst for big IPOs in a decade

One 97 Communications, the operator of digital payments provider Paytm, has capped the worst first-year share plunge among large IPOs over the past decade and the pain is worsening.

Adani looks to raise $5bn from wealth funds

Billionaire Gautam Adani is courting sovereign wealth funds to raise roughly $5 billion in equity across his sprawling business empire and reduce leverage, people familiar with the matter said.

India's central bank on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to alter its...

Air Pegasus, India’s ninth airline carrier got Directorate General of Civil Aviation’s approval to commence its operations. The airline is based in Bengaluru and is the third new airline in a year to take off in the Indian skies after AirAsia...



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