The Reserve Bank of India (RBI) announced an increase in key interest rates by 40 basis points, the first increase since August 2018 and the sharpest in nearly 11 years, as it shifted gears to tame surging prices. Rising prices against the backdrop...

Tata Steel closed fiscal 2022 with record profit in its history, displacing Tata Group’s crown jewel TCS from the top slot as the most profitable entity of the $103 billion steel-to-software conglomerate. The company, one of the oldest units...

Tata Steel, the largest Indian importer of Russian coal this year, will stop buying the commodity in a sign that Vladimir Putin’s invasion of Ukraine has made it more perilous to do so. Tata Steel pointed to “uncertainties” over the supply of...

Kolkata-based packaged goods firm Emami Ltd has acquired the Dermicool brand from Reckitt Benckiser Healthcare for a total consideration of £43.2 million, it said in a regulatory filing.

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...

In what will be its first M& A under new owner Tata Sons, Air India has proposed to buy low cost carrier AirAsia India, according to an application with the Competition Commission of India (CCI). The move will see Malaysia’s AirAsia exiting...

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”.