Jio Platforms set to record India’s biggest IPO

Reliance Industries chairman Mukesh Ambani is preparing to launch what could be India’s biggest-ever IPO, despite a market downturn. Mumbai-based Jio Platforms, backed by Meta and Google, aims to raise up to Rs 302 billion (£2.4 billion) at...

New Adani, IHC to Invest £8.5 billion in Odisha

Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH) signed a Memorandum of Understanding (MoU) with the Odisha government to develop a greenfield aluminium project worth $11.5 billion (Rs 1.08 lakh crore) (£8.5 billion).The...

Tata Steel’s second quarter profit plunged 90% to £129.7 million due to drop in metal prices and elevated input costs. Concerns over slowdown in key economies, geopolitical issues and seasonal factors have led to a “volatile operating environment”,...

Markets regulator Sebi has banned fugitive businessman Mehul Choksi, former promoter and chairman of Gitanjali Gems, from trading for 10 years for using front entities to trade in shares of the company to maintain its price from falling. Choksi...

The Adani Group will invest over $150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with $1-trillion valuations.

Microsoft has laid off about 1,000 workers from a variety of departments, including the Xbox and Edge teams, Axios said citing unnamed sources. The US software giant had earlier stated in July that a modest number of positions had been removed...

Reliance Jio became the number one landline telephone service provider in India in August surpassing BSNL, the state-run company. This is the first time since the beginning of telecom services in India that a private operator has gained the...



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