India is working to have sovereign benchmark like London interbank offered rate (Libor) by this September, which would make external borrowing easier for...
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22nd Oct 2026 | Updated at 03:28pm 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...
Infosys recorded a robust 12.4% year-on-year increase in revenue in constant terms in the quarter ended June. The performance sent its share price soaring...
The National Company Law Appellate Tribunal (NCLAT) has upheld steel tycoon Lakshmi Mittal-led ArcelorMittal’s £4.2 billion bid for the acquisition of...
The government has ordered an SFIO probe into now defunct Jet Airways and its group companies for alleged fund diversion, indulging in malpractices and other large-scale irregularities found during an inspection
Gujarat sees a further decline in foreign direct investment (FDI) equity inflows, going by the data revealed in Socio-Economic Review 2018-19
The Debt Recovery Tribunal (DRT) has directed fugitive diamantaire Nirav Modi and his companies to pay Punjab National Bank (PNB) and a consortium of banks...
In a major move, the Enforcement Directorate has attached oil rigs and other oil installations outside the country after issuing a provisional attachment...
Market regulator Sebi has stated that every liquid fund should put at least 20 per cent of its total corpus in highly liquid and zero-risk debt market instruments like government bonds and treasury bills, which could lower risks for investors...
A Reserve Bank of India panel constituted to suggest measures to develop micro, small and medium enterprises (MSMEs) has proposed a £1 billion government fund
London-based Adi Partners and some groups representing Jet Airways’ employees said that they were entering into a partnership to bid for acquiring a 75% stake in the airline when the NCLT invites expression of interest (EoI) for the debt-laden...
