Justice department’s prosecution of Indian billionaire has wide economic and diplomatic implications
Turbulence draws fresh attention to risks and pricey valuations of local stocks
Alleged $265mn bribery scheme raises questions about the probity of Indian authorities and business leaders
US bank conducting internal investigation into ‘front running’ of deals
US charges against Gautam Adani raise questions about Delhi’s safeguards
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Shares in group tumble after prosecutors accuse tycoon and others of lying to investors to land lucrative contracts
Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital
Supply problems and regulatory issues disrupt UK craft-beer maker’s aim to open 100 outlets in the country
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era
Narendra Modi’s GIFT City has already lured JPMorgan and HSBC but the social side has been slow to catch up
The push to remedy workplace inequalities does not extend to the country’s ancient system of hierarchy
Growing economy sucks up more electricity than its green sources can provide despite billions invested in solar and wind farms
The industrial boom in the southern state of Tamil Nadu offers a model for the rest of the country to emulate
The food delivery app’s IPO has landed during a backdrop of dismal earnings across the corporate subcontinent
International investors pull out more than $10bn from Indian stocks as indices record largest fall since March 2020
Indian conglomerate threatens to halt flows from coal-fired plant over debt dispute
Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations
Retail share buyers largely shun $3.3bn listing of Korean carmaker Hyundai’s Indian unit as auto industry sales cool
Starlink head in spat with owners of Reliance Jio and Bharti Airtel mobile networks who have called for space bandwidth auctions
European foreboding about peace and stability in the world finds little echo in New Delhi
Expiry of Novo Nordisk’s UK patent for Saxenda seen as offering a ‘dry run’ for future generic versions of Ozempic
Industrialist who led the Tata conglomerate’s acquisition of Jaguar Land Rover and UK steel plants, with mixed results
Finance minister Nirmala Sitharaman says tariffs to be imposed in 2026 will impede energy transition