India poised to be 3rd largest economy by 2030: S&P

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.

Bajaj Housing Finance shares surge 136% on debut

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...

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...

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...

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...



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