Future Retail (FRL) said it is “committed” to reversal of takeover of its stores by Reliance Retail and will initiate all such action as may be necessary to seek value adjustments. The Kishore Biyani-led firm also said the action of the Reliance...
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23rd Oct 2026 | Updated at 07:54pm 23rd Oct 2026
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...
Lenders to the debt-ridden Sintex Industries have approved Reliance Industries’ over £365 million bid for the Gujarat-based company. RIL, which has partnered stressed asset buyer Assets Care & Reconstruction Enterprise (ACRE) for the Sintex...
After being a late mover in the green mobility space, India’s largest carmaker Maruti is set to unleash massive investments and new cars in the electric vehicles space with its Japanese parent Suzuki committing £1.04 billion for zero emission...
Decks have been cleared for Tata Motors’ takeover of Ford India’s passenger vehicle manufacturing plant in Sanand. Both the companies have submitted a...
Gautam Adani, India's and Asia's second-richest person, added $49 billion to his wealth last year - more than the net addition of wealth by the top three...
N Chandrasekaran, chairman of Tata Sons, has been appointed as the chairman of Air India by the airline's board, aviation industry sources. The group had...
The Supreme Court reserved verdict on quantum of sentence against fugitive businessman Vijay Mallya, accused in bank loan default case of over £900 million...
The central government is waiting for the stock market, which has become volatile in the wake of the Russian invasion of Ukraine, to stabilise before going ahead IPO of insurance behemoth LIC, official sources said. This has triggered prospects...
India’s foreign exchange reserves rose by $394 million to $631.9 billion in the week ended March 4, according to data released by the RBI. India currently has the fifth largest holdings of international reserves in the world, RBI deputy governor...
India's gross domestic product (GDP) growth is expected to come in at 7.8 per cent in fiscal 2023, said ratings agency Crisil. According to the agency,...
