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...
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24th Dec 2024 | Updated at 09:42pm 24th 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...
Mukesh Ambani's Reliance Industries is now working on the potential bid for UK's high street chain Boots with US buyout firm Apollo Global Management....
Indian conglomerate Tata has cut business ties with Russia as the corporate fallout from the invasion of Ukraine spreads. Tata Steel has said that it has taken a “conscious decision to stop doing business with Russia”.
Niti Aayog vice chairman Rajiv Kumar has stepped down from his post after nearly five years at the helm and will be replaced by economist Suman Bery. Rajiv...
Adani Group Chairman Gautam Adani has become the world's fifth-richest person overtaking legendary investor Warren Buffett, according to Forbes data. According...
The Life Insurance Corporation’s (LIC)'s initial public offering (IPO) is likely open in the first week of May, and the government has so far decided to...
As the impact of Russia’s invasion of Ukraine weighs heavily on prices and supply chains, India’s economy is estimated to grow by 8.2% in the current fiscal (2022-23), sharply slower than the International Monetary Fund’s (IMF’s) earlier forecast...
Following objections by the lenders, the Reliance Industries (RIL) has abandoned its proposed deal to acquire Future Retail’s (FRL), the parent company...
Information Technology firm Tech Mahindra said it plans to create new revenue streams and add 1,000 jobs in the UK. The tech giant will collaborate with...
Tata Sons reshuffled Air India’s board and made new appointments to top management roles. Senior airline officials, who held board positions, have stepped down and will be handling management roles. These include Air India’s Director-Finance...
