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Moody's raises India's growth forecast, Fitch affirms credit rating

Economy

29 August, 2024

Moody's raises India's growth forecast, Fitch affirms credit rating

Moody's raised India's growth projection for 2024 and 2025 citing signs of improving rural demand, while Fitch affirmed the country's ......

Reliance to more than double in size before end of decade, says Ambani

Manufacturing

29 August, 2024

Reliance to more than double in size before end of decade, says Ambani

India's Reliance Industries is on track to more than double in size before the end of the decade, its billionaire-chairman ......

Hillhouse to buy Dulwich schools in Asia for around $600 mn

Consumer

29 August, 2024

Hillhouse to buy Dulwich schools in Asia for around $600 mn

Hillhouse Investment has struck a deal to acquire Dulwich College International schools in Asia from their owners in a deal ......

GRM Overseas buys stake in Sixth Sense Ventures-backed Rage Coffee

Consumer

28 August, 2024

GRM Overseas buys stake in Sixth Sense Ventures-backed Rage Coffee

GRM Overseas, India's third-largest rice exporter, said on Wednesday that it bought a 44% stake in the parent of instant coffee ......

Reliance, Disney get CCI nod for $8.5 bn India merger

TMT

28 August, 2024

Reliance, Disney get CCI nod for $8.5 bn India merger

Walt Disney Co and Reliance Industries won approval on Wednesday for an $8.5 billion merger of their Indian media assets ......

NSE restarts IPO application, seeks 'no-objection' from regulator

Finance

28 August, 2024

NSE restarts IPO application, seeks 'no-objection' from regulator

The National Stock Exchange of India (NSE) on Tuesday restarted the process of its long-pending public offer, according to two ......

Bikaji Foods' management snubs prospects of possible sale

Consumer

28 August, 2024

Bikaji Foods' management snubs prospects of possible sale

Indian snacks maker Bikaji Foods is "not for sale" and is instead on the prowl itself, aiming to cash in ......

Sony, Zee Entertainment settle dispute over scrapped $10 bn merger

TMT

27 August, 2024

Sony, Zee Entertainment settle dispute over scrapped $10 bn merger

India's Zee Entertainment Enterprises and Sony's unit in the country have agreed to withdraw all claims against each other related ......

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

TMT

27 August, 2024

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns ......

Foreign investors ditch India's pricey stocks, opt for new issues

Finance

27 August, 2024

Foreign investors ditch India's pricey stocks, opt for new issues

Foreign investors are unloading their holdings of expensive Indian stocks and turning instead to new listings in primary markets as they ......