Jio Platforms set to record India’s biggest IPO

Reliance Industries chairman Mukesh Ambani is preparing to launch what could be India’s biggest-ever IPO, despite a market downturn. Mumbai-based Jio Platforms, backed by Meta and Google, aims to raise up to Rs 302 billion (£2.4 billion) at...

New Adani, IHC to Invest £8.5 billion in Odisha

Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH) signed a Memorandum of Understanding (MoU) with the Odisha government to develop a greenfield aluminium project worth $11.5 billion (Rs 1.08 lakh crore) (£8.5 billion).The...

The gradual production shift from China has begun with Foxconn planning to invest up to $1 billion to expand a factory in Sriperumbur, near Chennai, where the Taiwanese contract manufacturer assembles Apple iPhones

Telecom operator Vodafone Idea reported a staggering £7.39 billion loss in fiscal 2019-20 - the highest ever by any Indian company - after it made provisions for statutory dues as ordered by the Supreme Court



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