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...

The government reappointed Shaktikanta Das as the governor of the Reserve Bank of India (RBI) for a period of three years from December 20, 2021, or until further orders. Completion of the term would make Das the longest serving governor in...

The government signed the share purchase agreement (SPA) with Tata Group for Air India’s divestment, sticking to the timelines that aim at transferring the airline to its new owner by the end of this fiscal. The £1.8 billion deal, which will...

The US has overtaken China as India’s largest trading partner, thanks to faster growth during the first nine months of 2021. Data collated by the commerce department showed that during January-September, two-way trade between India and the US...

Indian startups have got record funding in Q3 of 2021, with investment totalling $10.9 billion across 347 deals - the first-time investments in a quarter have crossed the $10 billion mark, as per the PwC India. This was twice the amount of funding...



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