Indian billionaire investor Rakesh Jhunjhunwala backed private airline Akasa Air has now got the air operator certificate (AOC or licence) from India’s...
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Indian billionaire investor Rakesh Jhunjhunwala backed private airline Akasa Air has now got the air operator certificate (AOC or licence) from India’s...
Reliance Retail has recently announced its long-term partnership with the American iconic fashion brand Gap and plans to bring back the brand to India. “Through a long-term franchise agreement, Reliance Retail has become the official retailer...
A subsidiary of Indian engineering giant L&T will develop an eVTOL (electric vertical takeoff and landing) air taxi jointly with Texas-based aerospace...
Adani Hazira Port Ltd (AHPL), a subsidiary of Adani Ports and SEZ Limited (APSEZ, will expand Hazira port near Surat to at least six times its present size. The company will reportedly invest an estimated £1.9 billion for the expansion.
According to a survey, India’s crucial services sector expanded at its fastest pace in 11 years as demand conditions strengthened. However, price pressures continued to pose a concern.
The Reserve Bank of India (RBI) has announced a series of measures, including relaxation in foreign investment in debt, external commercial borrowings, and Non-Resident Indian (NRI) deposits - to prevent the slide in the rupee and shore up India's...
India’s largest carmaker Maruti Suzuki has been feeling the absence of SUVs in its line-up, and just had the previous-generation Brezza and the bigger S-Cross in its off-roader portfolio. The absence of a strong line-up and new-generation models...
The Reserve Bank of India said the shock waves from the war in Ukraine and retaliatory economic and financial sanctions (on Russia) have jolted the global economy, which was already beleaguered by successive waves of the Covid-19 pandemic.
The rupee breached for the first time the 79 level in post-market trade on 29th June. The fall came even as the Reserve Bank of India (RBI) managed to defend the domestic unit from breaching the milestone level earlier in the day for most of...
India’s industrial sector had been hit hard by the impact of the pandemic and the war in Ukraine but has held up against several risks. The broader economy has also scripted a robust recovery against the backdrop of several risks, such as inflationary...