Foreign equity inflows in India shot up 40% to $52.9 billion with gross FDI rising over 22% to $67.5 billion during April-December 2020 on the back of deals in the digital space, such as those involving Reliance Jio. Net inflows were estimated...
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22nd Oct 2026 | Updated at 05:53pm 22nd 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...
Putting at rest all speculation around a partnership with Tesla, Tata Sons chairman N Chandrasekaran said last week that,“There is no dialogue with Tesla....
L N Mittal, the Indian-origin promoter of Luxembourg-based Arcelor Mittal Group, met Prime Minister Narendra Modi during his visit to the Statue of Unity...
Global ratings agency Moody’s expects India’s economy to grow by 13.7% in 2021-22, higher than its previous estimate of 10.8% expansion as economic activity gathers pace.
Prime Minister Narendra Modi underlined the importance of public sector entities in the financial sector, while pointing to the need to promote private...
Union finance minister Nirmala Sitharaman expressed confidence that the disinvestment target set in the union budget 2021-22 is realistic and achievable. The government has set a disinvestment target of £17.5 billion for 2021-22. Accepting that...
Growth returned to the Indian economy in the October-December quarter of 2020-21 helping it to move out of the recession that had gripped following one...
Telecom operators on Monday placed bids worth £7.71 billion in India’s first 4G spectrum auction in more than four years against the government’s expectation...
Almost two years after India’s oldest private airline was grounded, Jet Airways may be able to fly again by July or August of this year, the potential new owner of the airline said. Murari Lal Jalan, the lead member of the Jalan-Kalrock consortium,...
The government of India made some headway in its latest attempt to divest in helicopter PSU Pawan Hans, while the RailTel IPO was subscribed over 42 times. “Multiple expressions of interest have been received for privatisation of Pawan Hans.
