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 Capital (RCap), with a debt of about £3.5 billion across the group, has been downgraded to ‘default’ rating by CARE Ratings because of a day’s delay in payment on some of its bonds

The power sector in India will undergo big reforms that will change the face of domestic electricity market, make it more responsive and reduce cost for distribution utilities as well as consumers through intense competition



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