Abu Dhabi’s sovereign wealth fund Mubadala has agreed to invest £909.4 million in Jio Platforms, marking the first Middle Eastern deal in the Mumbai-based digital-cum-telecom services company
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22nd Oct 2026 | Updated at 04:48pm 22nd Oct 2026
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...
India is considering proposals for investment of £12.5 billion to boost domestic production of air conditioners and its components, furniture and leather...
Tata Sons chairman N Chandrasekaran said that they are not is not looking to monetise their investments to raise capital as it has “adequate cash flows”...
India's economic growth in the January-March quarter of 2019-20 expanded at its slowest pace in 40 quarters at 3.1%, dragged down by the manufacturing and construction sectors and some impact of the national lockdown in late March
Moody’s Investors Service on Monday downgraded India's sovereign credit rating for the first time in more than two decades, saying policymakers will be challenged to mitigate risks of low growth, deteriorating fiscal position and financial sector...
India’s FDI inflows, including reinvested earnings, rose 18% to a record $73.5 billion during 2019-20, buoyed by a spurt in inflows into computer hardware...
If reports are to be believed, Google is exploring a move to pick up a minority stake in Vodafone Idea, the beleaguered telecom operator that is owned...
The government of India is likely to look at the option of the Reserve Bank of India (RBI) monetising the deficit in second half of the fiscal year, a senior government official has said
The Reserve Bank of India (RBI) has accepted that GDP growth will slip into negative territory this year, blaming it on the collapse in demand due to a...
Global investment firm KKR has decided to invest £1.13 billion in Jio Platforms, a wholly-owned subsidiary of Reliance Industries Limited (RIL)
