Rebecca Bundhun

Polls are closing in India's Maharashtra state -- the country's wealthiest, and home to the financial capital of Mumbai. 288 seats in the state assembly are up for grabs, with results expected on Saturday.

The fallout from fraud and bribery charges against Indian billionaire Gautam Adani is spilling into the political sphere, as opposition leader Rahul

The multinational conglomerate dollar bond prices fell as calls for transparency rise

A possible hit to Adani Group's access to funding after major rating agencies cast doubt on the outlook for the Indian conglomerate, amid deepening

A possible hit to Adani Group's access to funding after major rating agencies cast doubt on the outlook for the Indian conglomerate, amid deepening fallout from allegations made by US authorities over bribery and fraud. Moody's has reduced its ratings on seven Adani entities to "negative" from "stable". Fitch has place

India's Bharatiya Janata Party legislative leader Devendra Fadnavis has been sworn in as Maharashtra's chief minister for a third term, after a landslide victory in the assembly elections.

The Dharavi slum, with its cramped living conditions, open sewers and poorly-maintained community toilets, was made famous in the Oscar-winning 2008 movie Slumdog Millionaire.

A multibillion-dollar plan by the Adani Group to redevelop India's largest slum in Mumbai is likely to move forward, despite owner Gautam Adani being charged with bribery and fraud in the US.

Search operations continue in India for two people still missing, after a navy boat crashed into a passenger ferry off the coast of Mumbai.