The £1.8 bn follow-on public offer (FPO) of telecoms services provider Vodafone Idea was subscribed seven times, the biggest such fund-raising move by demand size. The FPO, largest in Indian history in terms of the funds raised, was offered...

Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a $1 billion plant that it is planning to build in the southern state of Tamil Nadu, sources said. The plan would mark the first time that JLR-branded cars would be manufactured...

Reliance Industries posted a near-flat quarterly profit on Monday, while its revenue grew 11% to £24 bn, benefiting from the strength of its oil & gas and oil-to-chemical (O2C) businesses as well as its fast-growing retail and digital services...

Net direct tax collections rose 17.7% to nearly £196 bn during the last financial year, surpassing the revised estimate and providing comfort to the Centre to close the year with healthier than expected fiscal deficit.

Infosys reported the lowest annual revenue growth at 1.4% since it was founded in 1981. The IT giant’s constant currency revenue grew 1.4% in financial year 2023-24, narrowly missing its own forecast, as clients continued to cut spends after...

Gautam Adani and his family has infused £833.9 mn into Ambuja Cements, raising their stake in the company to 70.3% from 66.7%.

It’s not just billions of dollars that Apple is churning out in India through production at factories, but the world’s most valuable electronics maker is also talking green. The company, which is likely to ring in $14 billion in India production...

The International Monetary Fund raised India’s GDP growth forecast for the current fiscal year to 6.8%, as against 6.5% earlier, on the back of strong domestic demand and a rising working age population. The projection will help India remain...

Ambuja Cements, the cement and building material company of Adani Group, has signed an agreement to acquire My Home Group’s 1.5 mtpa (million tonne per annum) cement grinding unit in Tuticorin in Tamil Nadu.

Ailing telecom operator Vodafone Idea (VIL) said it plans to raise up to £1.8 billion through share sale in the biggest follow-on public offer (FPO) as it moves to mobilise resources to invigorate operations and work towards launching 5G.