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...

India’s economy is estimated to grow by 9% in the current fiscal year, a tad slower than the International Monetary Fund’s (IMF) earlier forecast of 9. 5% due to the impact of the third Covid wave.

The Supreme Court has agreed to hear a fresh petition from Future Retail (FRL) seeking quashing of lenders’ letters threatening initiation of insolvency proceedings. The plea cited its live deal with Reliance Retail for sale of assets for nearly...



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