The government acknowledged for the first time that it will fall short of the disinvestment target as it deferred the BPCL bid submission deadline for the fifth time, while retaining the annual borrowing target at the revised level of £120 billion
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 acknowledged for the first time that it will fall short of the disinvestment target as it deferred the BPCL bid submission deadline for the fifth time, while retaining the annual borrowing target at the revised level of £120 billion

The government of India told the Supreme Court that it has decided to waive "interest on interest" on loans of up to £200,000 during the six-month repayment...
Apple began sales from its online store in India from last week, also coming closer to open a company-owned outlet that it calls one of its most-promising globally

Telecom giant Vodafone won a significant ruling against the Indian government in an international court over £2 billion in dues which it had described...
The UK India Business Council has signed an MoU with West Bengal Industrial Development Corporation (WBIDC), to focus on accelerating industrial development in the state

A posh apartment of jailed Yes Bank founder Rana Kapoor worth £12.7 million in London has been attached by the Enforcement Directorate as it digs deeper...
Following the footsteps of Silver Lake, another US firm KKR will invest £5.55 billion for a 1.3% stake in Reliance Retail Ventures (RRVL)
The telecom regulator Trai has stepped in to drive transparency and accountability in mobile tariffs, making it contingent on companies to declare and display various parameters in pre and post-paid plans to remove ambiguity on issues such as...
After the easing of lockdown restrictions, companies are rushing in to go public with the stock market witnessing low volatility, which is conducive for fund-raising
Between 2010 and 2017, several transactions went through Indian banks that were flagged as top-secret ‘Suspicious Activity Reports’ or SARs by the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) for suspected money laundering,...