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Allegations of illegal remittances threaten Chinese smartphone seller’s position as market leader
Life Insurance Corporation garners $71bn valuation after government sells 3.5% of group
Cement deal is biggest acquisition yet for Asia’s richest man
Chair of country’s biggest steelmaker says Narendra Modi supported ‘nationalistic’ companies
India’s biggest conglomerate spent almost $1bn on first-quarter dealmaking
At a glamorous corporate event, global media businesses seem unfazed by the recent humbling of Netflix
Surging demand after easing of Covid restrictions and supply chain bottlenecks leave power plants short of fuel
Financial investigations body alleges smartphone maker was violating foreign exchange rules
Move underlines country’s challenge in easing shortage of commodity crucial to its power supply
Tighter financial conditions will challenge the flurry of new unicorns in the country
Finance ministry official defends ‘right sized’ offering for giant state-owned insurer
Talks between the prime ministers will also explore potential trade deal
Chivas Brothers says India could be a top market for Scotch if it eliminates tariffs
Deepak Parekh calls $40bn deal ‘necessary for both sides’ ahead of new curbs on shadow banking
New Delhi makes an uncharacteristic decision, the UK moves to help Ukraine, and France heads towards business as usual
IHC’s stake comes as the Indian tycoon makes ambitious green energy push
Investment is flowing south into the city’s start-ups, giving it the edge above Mumbai and New Delhi
Merger expected to create lending titan that can underwrite bigger infrastructure projects
Exit reflects US lender’s pivot away from international consumer banking
Plus, Australia faces carbon credit system ‘fraud’ claims and the latest corporate moves in Russia
Reliance Industries has taken control over 800 Future Retail stores in blow to Amazon
Mechanism risks provoking angry response from US and its allies, warn analysts
Group’s chair forecasts growing market but public health experts challenge sustainability claims
Online banking unit of Indian payment group barred from signing up new customers
Volatility challenges plans to hold country’s biggest-ever flotation in March
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