India's foreign exchange (forex) reserves jumped by $7.533 billion to hit a fresh record high of $674.919 billion for the week ended August 2. Reserve Bank of India (RBI) data showed that the overall kitty had dropped by $3.471 billion to $667.386...

Ford Motor Company, commonly known as Ford, could reenter India with a global team of the US car giant, including CEO Jim Farley, set to consider a fresh proposal with a new strategy for the market. The company exited India in 2021.

State Bank of India reported a 1% increase in its Q1FY25 net profit to £1.7 bn from £1.68 bn in the corresponding quarter last year. However, profits were almost flat due to a reduction in interest margins and a 70% jump in provisions for bad...

Adani Group's power transmission and distribution arm raised $1bn in an equity sale, the first since the Indian conglomerate canned a share placement after being hit by damaging corporate fraud allegations.

Adani Group is considering investment of more than $2b in Lien Chieu port, Vietnam's coastal city of Danang, according to a posting on the Southeast Asian country's govt website, citing co.'s chairman Gautam Adani in a meeting with Vietnamese...

Apple has seen record revenue growth in India and over two dozen countries in the June quarter, its CEO Tim Cook said. Apple posted a 7.8% growth in net income to $21.4 billion in the June quarter of 2024 compared to $19.8 billion in the year-ago...

A global market sell-off, triggered by weak employment data in US and fears of large speculative losses in the forex market due to a strengthening Japanese yen, also swept Dalal Street, sending investors into a panic-selling mode on Monday and...

After a muted growth in June, goods and services tax (GST) collections made a comeback to rise 10.3% to £18.20 bn in July - the third highest monthly collection since the new regime kicked in seven years ago.

Electric scooter startup Ola Electric’s £614.6 mn IPO - biggest this year - is set to to open on Aug 2. This will be the first IPO by an auto company since Maruti Suzuki (then Maruti Udyog) went public in mid-2003.

Mukesh Ambani's Reliance Industries has received approval from the United States to resume importing oil from Venezuela despite Washington’s sanctions, a source familiar with the matter said.