The insurance behemoth is planning an initial share sale by March and in talks with multiple foreign investors to join as anchor investors
The electric vehicle ecosystem in India is at an inflection point and has emerged as an attractive investment proposition
India may change income tax laws in its annual budget in February to bring cryptocurrencies under the tax net, PTI reported
The stake sale is being pulled as Reliance Industries is making huge strides in its new energy business. The Indian conglomerate has vowed to invest $10 billion in alternative energy over the next three years
GMR is looking at a 49:51 tie-up with AP2 for the project in Medan, which is the fourth biggest urban area in Indonesia and capital of North Sumatra province.
Valuation will be based on an earlier transaction, under which AirAsia Berhad sold its 32.6% stake, the report said
German automaker, which also owns Czech carmaker Skoda, will focus on production of EVs rather than hybrids over the long term
Backdown comes a few months ahead of elections in the agrarian provinces of Uttar Pradesh and Punjab, and massive farmer protests against the laws.
Tata group, which is in the process of taking over Air India, is looking to reduce operational costs
The automaker is working with e-commerce companies to gather details on the required range and performance metrics, the report said
Nikhil Nanda is set to continue as Escorts chairman and managing director and take on two newly created job titles after transaction
The company is looking to launch its scooters in Europe, the UK, Australia, New Zealand and Southeast Asia next year