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...

Reliance Industries (RIL) has appointed senior banker K V Kamath as chairman of its prospective NBFC venture, Jio Financial Services. Kamath has also been appointed as an independent director to the board of RIL, the parent company of Jio Financial,...

Tata Steel’s second quarter profit plunged 90% to £129.7 million due to drop in metal prices and elevated input costs. Concerns over slowdown in key economies, geopolitical issues and seasonal factors have led to a “volatile operating environment”,...

Markets regulator Sebi has banned fugitive businessman Mehul Choksi, former promoter and chairman of Gitanjali Gems, from trading for 10 years for using front entities to trade in shares of the company to maintain its price from falling. Choksi...

The Adani Group will invest over $150 billion across businesses ranging from green energy to data centres to airports and healthcare as it chases the dream to join the elite global club of companies with $1-trillion valuations.



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