The income tax department in India has shot off notices in 68 FIIs for payment of Minimum Alternate Tax (MAT) dues worth Rs 6.02 billion, minister of state for finance Jayant Sinha said
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22nd Oct 2026 | Updated at 02:49pm 22nd Oct 2026
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...
India is likely to get the vice president's post in China-backed Asia Infrastructure Investment Bank (AIIB) in which India and 56 countries have been admitted...
Indian Prime Minister Narendra Modi called to revamp archaic rules to enable the services sector to expand globally, while urging local players not to...
Promising a business friendly environment to woo foreign investments, India's Finance Minister Arun Jaitley made it clear that retrospective tax will not...
Chinese smartphone major Xiaomi said that Ratan Tata, chairman emeritus of the Tata group, has acquired a stake in Xiaomi Technology in a deal expected...
Airline Vistara plans to expand its fleet size and start flying to overseas destinations within two years, its CEO said, ahead of an expected change in rules that could allow new carriers to operate abroad
India's Finance Minister Arun Jaitley said the government would press ahead with Rs 400 billion tax demand on foreign institutional investors (FIIs) as...
Indian Hotels Company Ltd (IHCL), which runs the Taj Group of hotels, is restructuring its operations to reign in high debt, while continuing to expand its presence in India and abroad.
India's exports fell 21% in March - the steepest monthly decline in almost six years - as the value of oil shipments crashed almost 60% due to a collapse in global prices.
India's annual wholesale prices declined at their fastest pace in at least nine years in March on cooling oil and manufacturing costs
