Apple has named Indian origin executive Kevan Parekh as its chief financial officer as part of a planned succession plan. He succeeds Luca Maestri, who will transition from his role effective January 1, next year.
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5th Apr 2025 | Updated at 11:07am 5th Apr 2025
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...
The World Bank has revised India's growth forecast for FY25 to 7 per cent from 6.6 per cent earlier in its latest India Development Update released on Tuesday.
Reliance Industries will consider a 1:1 bonus share at its Sept 5 board meeting, its chairman Mukesh Ambani told shareholders. This will be RIL’s sixth bonus share issuance since it got listed in 1977. The last time it issued bonus shares (also...
Vistara will merge into Air India on Nov 12, 2024 and Tata Group patriarch Ratan Tata’s nearly three-decade-old dream of making Air India a world class airline in partnership with (SIA) could soon come true. Govt has approved SIA’s FDI into...
The Competition Commission of India has approved the merger between Reliance Industries and Walt Disney India’s media assets, with certain voluntary modifications. The CCI approval takes the two players a step closer in creating a $8.5-billion...
India’s billionaire count touches 334 in 2024 compared to 259 in 2023 and 109 in 2014. This year’s Hurun Rich List includes 1,539 individuals with a net worth of £ 100 mn or more - an increase of 220 from last year, and with 272 new entrants....
Gautam Adani plans to appoint auditors from a top global firm and hire a chief executive for his family offices to bring a level of disclosure often associated with listed companies reported.
Tata Sons, the holding entity of the Tata Group, has repaid over £2 bn of debt to remain an unlisted company as it plans to give up its certificate of registration to the Reserve Bank of India, reports said.
India's markets regulator Sebi has barred industrialist Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company
Foreign direct investment (FDI) in India surged by 26.4 per cent, reaching $22.4 billion, during the period from April to June, reflecting the strongest growth in over five quarters
