Samvardhana Motherson, an Indian conglomerate and major auto parts group, has partnered with US investment fund KKR to negotiate with Marelli on the terms...
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24th Dec 2024 | Updated at 11:54pm 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 weighing a possible bid for Walgreens Boots Alliance Inc’s international drugstore unit, according to people...
The Indian government has surpassed the target set for asset monetisation for the financial year 2021- 22, raising over £9.7 billion with roads, power, coal, mining and minerals accounting for a large chunk of the transactions.
India has sounded out Abu Dhabi Investment Authority, Singapore-based GIC, three Canadian pension funds and Qatar Investment Authority among other sovereign...
Jet Airways India, which is undergoing a court-monitored restructuring, plans to return with a hybrid of premium and no-frills services that would allow the former airline to claw back market share while managing costs in the fiercely competitive...
Tata Digital, a wholly-owned subsidiary of Tata Sons, unveiled its super app – Tata Neu – a mobile application that provides access to all the group firms’ services at one place. Tata Neu brings together diverse offerings – from fashion to finance,...
India's gross tax receipts surged to a record high of £271 billion for 2021-22. This was due to robust revenues from income, corporate taxes, customs and GST on the back of a strong economic recovery and rising compliance.
In a major push in Gujarat's electric vehicle (EV) manufacturing sector, US-based Triton EV inked an MoU with the state government to set up EV truck manufacturing plant with a minimum investment of £1.08 billion over five years in Kutch district....
Mukesh Ambani, promoter of Reliance Industries, is the richest Asian, followed closely by Gautam Adani, promoter of Adani Group, according to the latest...
In an unprecedented move, the two rivals of the Indian automobile sector are plugging in to a mutually beneficial alliance. India's Mahindra and Mahindra and Tata Motors - both of whom have ambitious Electric Vehicle (EV) plans - will partner...
