Insolvencies fell sharply during the coronavirus pandemic, when 1.7 million businesses were propped up by 80 billion pounds ($99.9 billion) in government-backed loans and there was a ban on many court proceedings to force businesses into liquidation.

The euro fell to a five-year low against the dollar, falling below $1.06. Russia has acted on its longstanding threat to cut gas supplies to countries that don’t pay in roubles – starting with Poland and Bulgaria. Poland and Bulgaria say this...

The LIC’s initial public offering (IPO) size will have a price band of Rs 902 to Rs 949, resulting in the issue size being between £2 and 2.1 billion, depending on the final price, making it India's largest IPO even after being scaled down due...

In what will be its first M& A under new owner Tata Sons, Air India has proposed to buy low cost carrier AirAsia India, according to an application with the Competition Commission of India (CCI). The move will see Malaysia’s AirAsia exiting...

Tata Steel, the largest Indian importer of Russian coal this year, will stop buying the commodity in a sign that Vladimir Putin’s invasion of Ukraine has made it more perilous to do so. Tata Steel pointed to “uncertainties” over the supply of...

Kolkata-based packaged goods firm Emami Ltd has acquired the Dermicool brand from Reckitt Benckiser Healthcare for a total consideration of £43.2 million, it said in a regulatory filing.

As a consequence of the shortages caused by the Ukraine war, supermarkets, including Tesco, Morrisons and Waitrose, have restricted the number of bottles shoppers can buy to ensure there are enough to go around. Ukraine has been unable to export...

The Centre is working “speedily” towards revoking the contentious Armed Forces (Special Powers) Act from the entire northeast in acknowledgment of a 75% decline in militant violence in the region over the past eight years, PM Narendra Modi said...