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...

LIC has reported a record net profit of £1.59 billion for the September quarter, over 10 times the £143.3 million profit in the year ago period. The corporation had recorded a net profit of £68.2 million in the June quarter. LIC reported a 10%...

The government through the Specified Undertaking of the Unit Trust of India (SUUTI) has said that it will sell its 1. 6% stake in Axis Bank. At current market price of Rs 874, the stake is worth £444.3 million.

Companies led by Mukesh Ambani and Gautam Adani have entered into the race to buy Future Retail, which is heavily indebted. April Moon Retail Private, a joint venture between Adani Airport Holdings and Flemingo Group, Reliance Retail Ventures,...

Goldman Sachs has promoted 80 employees globally as partners. There are eight Indians in total, with Sivasubramanian Balaji, the co-head of engineering in Bengaluru and the global co-head of data lake engineering, based in India in the Bengaluru...

India's gross direct tax collections rose almost 30.7% to over £105 billion in the financial year up to November 10, with the mop-up so far reaching 61% of Budget estimates. The latest numbers released by CBDT indicated that the growth rate...



to the free, weekly Asian Voice email newsletter