India poised to be 3rd largest economy by 2030: S&P

India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.

Bajaj Housing Finance shares surge 136% on debut

Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...

The LIC’s initial public offering (IPO) size will have a price band of Rs 902 to Rs 949, resulting in the issue size being between £2 and 2.1 billion, depending on the final price, making it India's largest IPO even after being scaled down due...

Indian conglomerate Tata has cut business ties with Russia as the corporate fallout from the invasion of Ukraine spreads. Tata Steel has said that it has taken a “conscious decision to stop doing business with Russia”.

As the impact of Russia’s invasion of Ukraine weighs heavily on prices and supply chains, India’s economy is estimated to grow by 8.2% in the current fiscal (2022-23), sharply slower than the International Monetary Fund’s (IMF’s) earlier forecast...



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