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...

Vistara will merge into Air India on Nov 12, 2024 and Tata Group patriarch Ratan Tata’s nearly three-decade-old dream of making Air India a world class airline in partnership with (SIA) could soon come true. Govt has approved SIA’s FDI into...

The Competition Commission of India has approved the merger between Reliance Industries and Walt Disney India’s media assets, with certain voluntary modifications. The CCI approval takes the two players a step closer in creating a $8.5-billion...

Global index provider MSCI removed restrictions on Adani stocks that were imposed after the US short-seller Hindenburg Research published its first report against the group in January 2023.

Govt officials are discussing a proposal to increase the foreign direct investment (FDI) limit for insurance to 100%, from the current 74%, a move which has the backing of the regulator, but will need political clearance since it involves an...



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