India's adoption stringent patent laws to comply with World Trade Organization requirements in 1995 has led to the formation of new forms of mutually beneficial partnerships between western and Indian pharmaceutical groups. These tie-ups have...
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23rd Oct 2026 | Updated at 08:18pm 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...
Shares of Paytm fell by 13% on its second trading day, after crashing 27% during their debut on the stock exchanges. The shares closed at Rs 1,360, 37%...
India's largest steel producer, JSW Steel, is considering a bid to buy Liberty Steel in Britain as well as mills elsewhere, two people familiar with the...
The £60 million IPO offering by Chennai-based Latent View Analytics, a data and analytics consulting company, was oversubscribed 339 times, making it the most oversubscribed IPO ever in India. The previous best was 304 times subscription for...
US-based Amneal Pharmaceuticals Inc. has acquired Ahmedabad-based injectable drug maker Puniska Healthcare Private Limited for around £70 million. The buyout is expected to boost the New York Stock Exchange (NYSE) listed Amneal’s injectables...
The success story of Falguni Nayar, founder of the multi-brand beauty retailer Nykaa, is a testament to the fact that with the right training, education...
Tata Steel posted a multi-fold jump in consolidated net profit for the September quarter at £1.19 billion as against £1.56 billion a year ago, helped by...
The £1.83 billion IPO for One97 Communications, the parent of Paytm, was subscribed nearly twice the offer size when it closed on Wednesday last. While...
The Indian capital market is set to witness one of the busiest fortnights in its history as six companies have lined up to raise about £3.14 billion by November 10. The six issues include the one from tech-enabled payments major One 97 Communications,...
Indians paid nearly £970 million in the form of fees hidden in inflated exchange rates while making remittances in 2020. This is more than a third (36%) of the total fees of £2.63 billion that Indians paid for sending money across their country’s...
