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...

Within weeks of Sir Keir Starmer’s general election victory, Sunil Bharti Mittal, a self made Indian billionaire, had the opportunity to congratulate the PM on his new job. Mittal was among a group of senior business luminaries invited to meet...

Reserve Bank of India has decided to keep policy rates on hold for the ninth consecutive time, citing strong demand and the need to maintain inflation’s declining trajectory. The central bank said that there is a need to remain vigilant amid...

In volatile trades on Monday, the sensex closed a marginal 57-point lower at 79,649 points as investors on Dalal Street mostly discounted US short-seller Hindenburg Research’s report that alleged conflict of interest on part of Sebi chief Madhabi...

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.



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