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...

Nobel laureate Abhijit Banerjee advised Finance Minister Nirmala Sitharaman to not announce any more corporate tax cuts in the upcoming Budget 2020. Banerjee and fellow Nobel laureate Esther Duflo attended an event and were part of 'The Juggernaut...

GoAir was forced to cancel around two dozen domestic flights on Monday 23rd December as the aviation regulator stepped up pressure on the budget airline to address safety risks arising from overworking its crew, two people with direct knowledge...

India’s central bank bought 100 billion rupees ($1.4 billion) of the benchmark 10-year debt while selling 68.25 billion rupees of 2020 bonds as it sought to cheapen longer-term borrowing. The Reserve Bank of India set a cutoff of 6.5462% for...



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