Dev Chatterjee

MUMBAI -- Indian billionaire Gautam Adani's family is set to divest another portion of their stakes in their listed companies to help finance the

Adani Enterprises, the flagship company of the Adani group, has set up a subsidiary in Kenya as it intensifies efforts to take over Jomo Kenyatta International Airport in Nairobi.

Addressing the students of Jai Hind College in Mumbai, Adani said post-independence, it took India 58 years to reach its first trillion dollars of GDP, 12 years for the next trillion, and just 5 years for the third. “I anticipate that within the next decade, India will begin adding a trillion dollars to its GDP every 18 months, putting us on track to become a $25 to 30 trillion economy by 2050. This pace and scale of growth will drive incredible possibilities for all of us,” Adani said.

The Tata group is currently toying with the idea of listing Tata Capital after the Reserve Bank of India classified the firm as an NBFC upper layer, with plans to list it by September next year.

Files DRHPs for Ventive Hospitality, IGI to raise funds via IPO

MUMBAI -- Indian investment manager HDFC Capital, a subsidiary of the country's largest private bank, and a World Bank Group unit will launch a $1

After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023.

'The quality of a leader should be such that even if the leader is not there, the institution carries on.'

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons.