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...

India's commerce and industry minister Piyush Goyal was recently in the UK to push ahead with talks, following his meeting with EU trade commissioner Valdis Dombrovskis, who said that the two partners will formally launch negotiations soon as...

Following Covid-19 and now the Ukraine war, India and several other countries have been grappling with supply chain disruptions across sectors. With the Indian government seeking to fill those gaps, India’s Commerce and industry minister Piyush...

In a fresh push to disinvestment, the union cabinet recently approved the sale of the government’s residual stake of 29.5% in Hindustan Zinc (HZL) which may help raise much-needed revenues of nearly £3.8 billion. The move came even as top officials...



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