Adani Airports will chart the next decade with £17.5 bn infusion. The investment will be managed by Adani Airports Holdings, which runs seven airports across the country. Adani Airports is also building the Navi Mumbai airport, which is expected...
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...
Adani Airports will chart the next decade with £17.5 bn infusion. The investment will be managed by Adani Airports Holdings, which runs seven airports across the country. Adani Airports is also building the Navi Mumbai airport, which is expected...
Pharma major Dr Reddy’s Laboratories is set to buy British consumer healthcare giant Haleon’s nicotine replacement therapy (NRT) portfolio, excluding the US business, for a 500 million pounds.
India is looking to tap funds from the UK, Saudi Arabia and Japan to finance the mega infrastructure ambition, with new structures to route the funds being discussed.
Indian health insurer Niva Bupa is planning to raise $360 million in an IPO, potentially valuing the business at up to $2.5 billion, according to sources, the latest company to cash in on a stock market surge.
Vodafone Group has sold a bigger-than-planned 18% stake in India’s Indus Towers, raising $1.8 billion (over £1.5 bn) that will serve to reduce its debt, the British telecom group said.
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...