Billionaire brothers Sudhir and Samir Mehta pledged to donate £500 mn to a slew of social causes on their father and Torrent Group founder’s birth centenary on Sunday. The Mehtas join the ranks of other billionaires who have committed large...
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22nd Dec 2024 | Updated at 09:11pm 22nd Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
Growth in India's core sector rose to a three-month high in Feb, led by double-digit expansion in three of eight segments but the fertiliser sector contracted for second consecutive month.
Adani Ports will buy Shapoorji Pallonji Group’s Gopalpur Port in Odisha for an enterprise value of £308 million, adding to its pan-India network and enhancing its cargo volume.
In a ‘power’ deal, Mukesh Ambani's Reliance Industries will purchase 26% stake in Mahan Energen, a wholly owned subsidiary of Gautam Adani's Adani Power for £5 million and will source 500 megawatt of electricity from the Madhya Pradesh plant...
GST revenue for March saw the second highest collection ever at £17.8 billion, seeing a 11.5% year-on-year growth. This surge was driven by a significant rise in GST collection from domestic transactions at 17.6%.
The Indian government has opted to lease out approximately 1 million tonnes of empty strategic crude oil storage capacity to both Indian and international firms instead of using public funds to fill the available space in the caverns.
A report by real estate consultancy Knight Frank revealed that Mumbai and Bengaluru were among the top 10 cities in the Asia-Pacific region with the highest increase in residential prices in the second half of 2023. Additionally, the National...
Adani Total Gas Ltd (ATGL), India's leading city gas distribution company, and INOX India Ltd (INOXCVA), a global leader in cryogenic liquid storage and distribution, have entered into a mutual support agreement to bolster the country's Liquefied...
Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, has been ranked first among all the Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance.
Preliminary figures released by the finance ministry indicate a 9.3% increase in Goods and Services Tax (GST) collections, reaching £17.21 billion in January.
