A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries at US regional banks have rattled investors globally. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) Over the […]
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
Coca-Cola Co. is considering a listing for its bottler in India in an IPO that can fetch up to $1 billion, according to people familiar with the matter. A Coca-Cola India IPO would only happen in 2026, if the talks hold through. (AFP) The American company has met with bankers in recent weeks to discuss […]
Real estate developer M3M India has announced an investment of ₹2,100 crore to develop Jacob & Co. Residences, an ultra-luxury residential project by Jacob & Co, in Noida. The project is expected to generate a topline of about ₹3,500 crore, the company said in a statement. Spread across six acres in Noida’s central business district, […]
A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. (Picture […]
The Tata Capital IPO may have been India’s largest initial public offering, but it was the LG India IPO that raked in the moolah — not just for investors. The fever pitch of IPOs in India is unlikely to ebb any time soon. That means more avenues to rake in the moolah — for investors […]
India’s office real estate market recorded 56.8 million sq ft of gross absorption across the top six cities between January and September, according to a report by Savills India, a real estate consultancy firm. India’s top six cities saw 56.8 million sq ft of office space absorbed between January and September, says Savills India. (Picture […]
India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald Trump said Prime Minister Narendra Modi had committed to stop taking the crude. Russian oil has accounted for roughly a third of India’s crude imports so far this year. (Reuters) […]
Air India Ltd. is in talks with Airbus SA and Boeing Co. expand its aircraft order from last year to up to 300 planes, people familiar with the matter said on Wednesday, marking an acceleration of its turnaround under Tata Group. Air India’s expanded aircraft order marks an acceleration of its turnaround under Tata Group. […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]