India's equity indices Sensex and Nifty scaled their new record closing high levels on Monday, helped by strong foreign fund inflows and a largely firm trend in Asian markets.
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
India's equity indices Sensex and Nifty scaled their new record closing high levels on Monday, helped by strong foreign fund inflows and a largely firm trend in Asian markets.
Oravel Stays, the parent company of the global travel technology company Oyo, announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchiser and parent company of Motel 6 and Studio 6 brands, from Blackstone Real...
Tata Steel is building a huge new blast furnace in India while shutting its furnace in Port Talbot. Tata announced that the company had successfully commissioned India’s largest blast furnace at Kalinganagar in Odisha.
India’s Hero MotoCorp, one of the world’s largest producers of motorcycles and scooters, plans to start selling e-scooters to the UK and at least two other European countries next year, in its first foray into a developed market.
India is set to become the world’s third-largest economy by 2030–31, as per S&P Global India. The country is forecast to grow at an annual rate of 6.7 per cent.
Family plays a central role in the lives of Indians, a fact that extends prominently into the business world.
Retail inflation inched up marginally in Aug, led by vegetable and some food prices, but remained below the Reserve Bank of India’s 4% target for the second month in a row, providing room to the central bank to move on interest rates later this...
A Kenyan court suspended a govt plan to allow Adani Airport Holdings to operate its main airport for 30 years until it rules on the matter.
Ford Motor plans to restart a manufacturing plant for exports in Tamil Nadu, India, the company said, potentially re-entering a market it exited three years ago.
Adani Group denied allegations by New York based short-seller Hindenburg Research that Swiss authorities have frozen more than $310 million in funds across half a dozen Swiss bank accounts as part of a money laundering and securities forgery...