The shareholders of Vodafone Idea have approved a proposal to issue securities worth about £2 billion, the debt-laden telecom services provider said in an exchange filing, a day after the company's virtual extraordinary general meeting (EGM).

The manufacturing activity in India rose to a 16-year high in March on the back of strong increase in output and new orders, which augured well for overall economic growth, a survey showed.

The Reserve Bank of India (RBI) kept its key lending rate unchanged at 6.5% for the seventh consecutive time. The decision was taken by a 5:1 majority at the bi-monthly Monetary Policy Committee (MPC) meeting, said RBI Governor Shaktikanta Das....

Tesla will send a team to scout locations in India this month for a proposed $2 to $3 bn electric car plant, according to two people with direct knowledge of the company’s plans.

The World Bank forecasts India's output growth to reach 7.5 per cent in FY24, driven by resilient activity in services and industry. However, growth is expected to moderate to 6.6 per cent over the medium term. The expected slowdown mainly reflects...

Adani Green Energy Limited (AGEL) has surpassed 10,000 megawatts (MW) of operational portfolio, delivering reliable, affordable, and clean power to the national grid. AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and...

The current account deficit in India narrowed to $10.5 billion, or 1.2% of the country’s gross domestic product, in Q3 FY24 from $11.4 billion (1.3% of GDP) in Q2 FY24. The deficit was sharply lower than the $16.8 billion - 2% of GDP - recorded...

Global ratings agency S&P estimates India’s GDP growth to moderate to 6.8% in 2024-25 after a better than expected 7.6% growth in 2023-24.

Billionaire brothers Sudhir and Samir Mehta pledged to donate £500 mn to a slew of social causes on their father and Torrent Group founder’s birth centenary on Sunday. The Mehtas join the ranks of other billionaires who have committed large...

Growth in India's core sector rose to a three-month high in Feb, led by double-digit expansion in three of eight segments but the fertiliser sector contracted for second consecutive month.