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...

Union minister Nitin Gadkari has suggested Tesla to start its manufacturing facility in India so that it “doesn’t miss a golden opportunity”. Sources said the minister has told the company not to “undermine” the capability of Indian manufacturers...

India has emerged as the fastest growing market in Asia for the US' Levi Strauss & Co. For the first quarter of 2020-21 that ended February 28, the company’s sales in India grew ahead of the same period in 2019, Harmit Singh, global CFO at Levi...

The Reserve Bank of India (RBI) has announced a government securities acquisition programme (G-SAP) where it has committed to buy bonds worth £10 billion in the first quarter. This unprecedented step has been taken to keep interest rates in...



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