Gautam Adani is suspending activities at the £3.49 billion petrochemicals project in Mundra, Gujarat, as the billionaire’s business empire slows down spending following a shortseller attack, reports said.

After the Adani family sold holdings in four group companies to a US-based investor for around £1.54 billion, all 10 Adani group stocks saw a rally and concluded with significant gains.

In a well-received $1 billion offering, India sold its first "green bonds" issued by a sovereign nation, a development that analysts said was encouraging for the country's capacity to finance the significant investments required to meet its...

Kishore Biyani has resigned from his position as chairman of the board of the insolvent Future Retail, which is currently under suspension.

The CBI has recorded a case against GTL Ltd, some unknown bankers and directors for allegedly defrauding a consortium of banks for an amount to the tune of £476 million by creating an array of shell firms to divert bank money.

India's finance minister Nirmala Sitharaman is set to go for a fresh push for capital expenditure, especially for sectors such as railways and roads, in her fifth Budget, as she seeks to ensure that global headwinds don’t take a toll on the...

The government will allow a consortium of foreign funds and investment firms to own more than 51% in IDBI Bank, according to an official clarification issued.