An Adani Ports and Special Economic Zone Ltd (APSEZ) joint venture has entered into an agreement with Hutchison Port Holdings Ltd to acquire 95% stake in a container terminal company at the Port of Dar es Salaam in Tanzania

India’s economy is estimated to have grown by 8.2% in 2023-24, led by a solid expansion in manufacturing and construction sectors, and a strong push from Jan-March quarter growth, beating expectations and laying a robust foundation for the new...

Anil Ambani’s debt-ridden Reliance Capital secured a buyout offer of £965 mn from Hinduja Group’s IndusInd International Holdings Limited (IIHL) a few months ago. Hinduja Group’s firm has already received clearance from SEBI, CCI, IRDAI and...

After flying for nearly 18 years, India's largest airline IndiGo announced that it will introduce business class in flights this year, as the carrier seeks to provide more options for passengers amid rising economic growth. The airline will...

The market capitalisation of Aditya Birla Group companies crossed $100 billion for the first time on Friday riding on a rally in shares of UltraTech, Hindalco, and Vodafone Idea. The combined valuation of the 12 companies in the group stood...

Sixteen months after the release of Hindenburg Research Report, which led to a sharp fall in the stock prices of all Adani Group companies, one the key firms of the group - Adani Ports and Special Economic Zone (APSEZ) has now made into the...

Ramping up its focus on India, Google’s parent Alphabet is looking to manufacture drones and Pixel phones, and is in talks with Foxconn to make them at a plant in Tamil Nadu. While Dixon Technologies has also been given the contract to manufacture...

Tata-owned Jaguar Land Rover (JLR) has decided to make its flagship Range Rover luxury SUVs in India. For the first time, these top-of-the-line vehicles will be assembled outside JLR’s Solihull factory in the UK.

The Reserve Bank of India (RBI) declared a record dividend of £21.1 bn to govt, more than double what was expected by the money markets. The dividend is more than the £10.2 bn that govt had budgeted as dividends from all financial institutions...

India’s trade deficit widened to a four-month high of $19.1 billion in April, as goods exports rose just over 1% to $35 billion, while imports increased over 10% to $54.1 billion.