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...

Adani Enterprises has set up a company in Kenya to acquire and operate an airport in the African country as part of its expansion plans. The company, Airports Infrastructure, is looking to take over the management of Nairobi’s Jomo Kenyatta...

GST collections rose 10% to almost £17.5 bn on a gross basis, but higher refunds slowed down the net expansion of the kitty, latest data showed. While central GST collections were estimated to be 8.9% higher at £3.08 bn in Aug (based on transactions...

Reliance Industries will consider a 1:1 bonus share at its Sept 5 board meeting, its chairman Mukesh Ambani told shareholders. This will be RIL’s sixth bonus share issuance since it got listed in 1977. The last time it issued bonus shares (also...



to the free, weekly Asian Voice email newsletter