NITI Aayog CEO B V R Subrahmanyam announced that India has surpassed Japan to become the world’s fourth-largest economy, boasting a USD 4 trillion economy. Citing IMF data, he expressed confidence that India could become the third-largest economy in 2.5-3…
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The National Stock Exchange’s IPO is nearing approval from Sebi. NSE, valued at Rs 4.7 lakh crore in 2024, dominates India’s stock market and boasts over 1 lakh shareholders, making it the most broadly held unlisted company.
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Reliance Industries is expanding its presence in India’s fast-moving consumer goods (FMCG) market by focusing on affordable products for around 60 crore mass-market consumers, according to T Krishnakumar, director of Reliance Consumer Products (RCPL). The strategy includes partnering closely with…
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India is set to open its government procurement market to foreign companies. This shift follows a trade deal with the UK. US firms may soon bid on contracts worth over $50 billion. This move is part of ongoing trade negotiations…
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Madan Sabnavis, chief economist at Bank of Baroda, said the payout is larger than anticipated and could provide the govt with Rs 50,000 crore to Rs 60,000 crore in extra resources.
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Sun Pharmaceutical Industries Ltd will invest up to USD 25 million in Pharmazz Inc, increasing its stake to 22.7%. This investment triggers the conversion of a previous agreement. Sun Pharma gains an option to negotiate licensing of Sovateltide for developed…
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