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...

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...

Tata Sons reshuffled Air India’s board and made new appointments to top management roles. Senior airline officials, who held board positions, have stepped down and will be handling management roles. These include Air India’s Director-Finance...



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