Business
Indian low-cost carrier Akasa Air has announced plans to expand its operational capacity by 30% in the current fiscal year (FY27), as the airline continues to scale up its network amid rising demand for domestic and regional air travel. The announcement comes alongside a reported 37% increase in revenue......
Sun Pharmaceutical Industries, one of India's leading pharmaceutical companies, has announced an agreement to acquire Innovcare Lifesciences in a transaction valued at approximately 2.71 billion Indian rupees, equivalent to nearly $28.7 million. The acquisition will give Sun Pharma full ownership......
India's financial markets took an important step forward after the country's securities regulator approved a settlement involving the National Stock Exchange (NSE), one of the largest and most influential stock exchanges in the world. The decision is expected to bring closure to regulatory issues......
India’s financial regulator has announced significant reforms aimed at improving market efficiency and strengthening governance standards within the country's financial sector. The Securities and Exchange Board of India (SEBI) revealed that companies will once again be allowed to conduct share......
India’s Reliance Industries has approved draft documents for the initial public offering (IPO) of its digital arm Jio Platforms, according to company chairman Mukesh Ambani, marking a significant step toward one of the country’s most closely watched market listings. The decision represents......
The United Kingdom’s long-awaited free trade agreement with India, valued at approximately £4.8 billion (around $6.5 billion), is set to come into effect on July 15, according to an announcement from the British government. The agreement, originally concluded last year, had faced delays......
India’s largest private sector lender, HDFC Bank, is preparing to raise at least $500 million through a dollar-denominated bond issuance this week, taking advantage of a subsidised hedging facility introduced by the Reserve Bank of India (RBI), according to sources familiar with the matter. The......
Indian energy company Essar Energy Transition Fuels has signed a $500 million agreement with Abu Dhabi-based International Resources Holding (IRH) to secure crude oil supplies and strengthen fuel distribution operations. The partnership reflects growing efforts by energy companies to ensure stable access......
India’s Apollo Hospitals Enterprise Ltd has proposed the appointment of promoter director Shobana Kamineni as executive chairperson of its upcoming Healthtech spin-off, marking a key step in the group’s ongoing restructuring strategy. The new entity, Apollo Healthtech, is expected to be......
Indian electronics retailer Electronics Mart India is accelerating its expansion into new markets as concerns grow that artificial intelligence could affect employment in major technology hubs and influence consumer spending patterns. The company, headquartered in Hyderabad, currently generates a significant......
An Indian environmental authority has raised concerns over wastewater management practices at a Tata Electronics facility involved in producing components for Apple’s iPhone supply chain, according to recent regulatory findings. The plant, located in Hosur in the southern state of Tamil Nadu,......
Nestlé India has firmly rejected allegations concerning the presence of infestation in its popular MAGGI noodles products, reaffirming its commitment to food safety and quality standards. The company stated that its manufacturing processes are designed to comply with strict quality-control measures......
One MobiKwik Systems Ltd is aiming to build a loan book of around 50 billion rupees (approximately $522.5 million) through its non-banking financial company (NBFC) operations over the next three to five years, according to its chief executive officer. The Gurugram-based fintech firm, known for its digital......
