The government has further tightened the FDI proposals from China saying that even minuscule Chinese holding will need government approval.
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
The government has further tightened the FDI proposals from China saying that even minuscule Chinese holding will need government approval.
Paving the way for a global listing of companies like Reliance Jio, LIC and Indian start-ups, the government is set to notify seven countries and the Gujarat International Finance-Tec (GIFT) City where these companies can go public, while easing...

London-based Kalrock Capital and UAE businessman Murari Lal Jalan have submitted a plan to revive the grounded Jet Airways to the committee of creditors
The government is moving ahead with the Air India strategic sale and is expected to ask suitors to bid based on the combined equity and debt value, while turning down suggestions to either run the operations for the next two-three years or shut...

Online retail giant Amazon has sent a legal notice to Future Coupons, one of the holding companies of Kishore Biyani’s Future Group, citing breach of terms...
After raising £220 million through a combination of institutional offers and stake sales in its business arms in the September quarter, Indiabulls Housing Finance said it raised another £44.1 million through part-sale of its stake in the UK-based...

The Reserve Bank of India’s (RBI) monetary policy committee voted unanimously to keep key interest rates unchanged but the central bank unleashed steps...

The government is considering the option for an overseas listing of Life Insurance Corporation (LIC), India's largest insurer, in what many believe will...

Continuing with its fund-raising streak in the retail business, Reliance Industries (RIL) is selling a £ 624.8 million stake to Mubadala Investment Company,...
Malaysian carrier AirAsia has reportedly reduced the price for its 49 per cent stake in AirAsia India - its share of the airline joint venture with Tata Group - to $50 million due to losses incurred amid the ongoing Covid-19 pandemic