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.

Kenya Airports Authority (KAA) said it has received an investment proposal from the Adani Group for the upgradation of the airport in Nairobi. The investment proposal under the public-private partnership has been submitted by Adani Airport Holdings...

In a strategic move to bolster his position as India’s largest building materials maker, billionaire Kumar Mangalam Birla has struck a deal with N Srinivasan and his family to acquire their cement business for £395.4 mn.

Apple is finally set to make Pro series of iPhones in India, in an affirmation to the country’s Make in India initiative. However, there are “no immediate plans” to assemble iPad tablets and MacBook laptops in India for now.

ICICI Bank has launched the ‘Student Sapphiro Forex Card’, a premium forex prepaid card crafted specifically for students who are travelling abroad from India for higher education to overseas destinations, including the UK.

Reliance Industries posted a 4% drop in first quarterly profit, hurt by weak refining margins. Profit stood at £1.74 bn in Q1FY25, falling short of analysts’ expectations. Revenue gained 12% to £ 23.6 bn benefiting from the strength of oil-to-chemical...