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...

SpiceJet has posted a profit of £2.3 milliom in October-December, 2021, period against a loss of £5.7million in same period last year. The low-cost carrier says its total income this Q3 grew to £267.9 6 million up by 42. 8% from £187.57 million...

The Reserve Bank of India (RBI) indicated that interest rates have bottomed out and yields are inching up in debt instruments as well as deposits, in clear indications that there may not be any rate cuts in the near future. “Scheduled commercial...

Tata Sons chairman N Chandrasekaran (popularly known as Chandra) outlined the group’s vision on Air India in his address to employees. Terming AI the “flagship”, he spoke about bringing back the Maharaja hospitality both in flight, in the lounges...

IndiGo co-founder and promoter Rahul Bhatia will now have complete control over India’s largest domestic airline. Rakesh Gangwal, who along with Bhatia had launched IndiGo at the start of this millennium, resigned with immediate effect as director...



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