Foreign fund managers are taking money off the table amid a surge in market volatility due to uncertainty surrounding the outcome of the Lok Sabha elections. At the same time, domestic institutions - mainly mutual funds - have been big buyers...
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...
Foreign fund managers are taking money off the table amid a surge in market volatility due to uncertainty surrounding the outcome of the Lok Sabha elections. At the same time, domestic institutions - mainly mutual funds - have been big buyers...
Sri Lanka has approved a 20-year power purchase agreement between the island nation's government and Adani Green Energy for the development of 484 megawatt wind power stations in the northeast region.
Indian exporters are looking at a 10-15% increase in goods exports, with some estimating overall exports to touch $900 billion this year, compared with around $780 billion during the last financial year. In fact, exporters and govt were eyeing...
SBI reported its highest ever net profit of £2.06 bn in Q4 - the biggest quarterly profit by any Indian bank. The state owned lender’s profit rose 24% from £1.66 bn in the year-ago period, beating analyst expectations of around £1.4 bn.
Tata Motors saw its profit more than triple to £1.75 bn in the March quarter aided by tax credit gains and benefiting from the strength of its British unit Jaguar Land Rover.
The amicable family settlement announced by the 127-year old Godrej Group, splitting the operations into two factions, has paved the way for the emergence of the next generation of leaders in the family. Under the terms of the agreement Adi...
Premji Invest - the family office of Wipro founder Azim Premji - is reportedly in advanced talks to acquire a majority stake in Bank of Baroda (BoB) subsidiary Nainital Bank. According to a report, Premji Invest has signed a term sheet after...
Seven of the 10 listed Adani group companies have received show cause notices from markets regulator Sebi for alleged violations of various rules including disclosure & related party transaction norms. The companies that received the notices...
Alphabet CEO Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.
Alembic Pharmaceuticals announced that it has received an establishment inspection report (EIR) from the United States Food and Drug Administration for its oncology facility in Gujarat.