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.

Markets regulator Sebi has banned fugitive billionaire Vijay Mallya for three years for illegally routing funds through layered transactions using foreign entities and banks to jack up prices of his own companies and also profit from the same....

India will soon have a “Made in India” smart digital cluster and smart module for the 2-wheeler Industry. Semiconductor company MediaTek of Taiwan has tied up with Jio Platforms to revolutionize the electric vehicle landscape.