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Indian conglomerate pushes ahead with $2.4bn follow-on sale set to close on Tuesday
Research from Hindenburg wiped more than $50bn from conglomerate’s value last week
Hindenburg Research report into Indian conglomerate comes as billionaire starts a $2.4bn share sale
Tycoon associated with prime minister heads a business empire that has surged in value
Doubts were widely held even before Hindenburg Research intervened
Debt earmarked for environmental projects achieves lower borrowing cost than conventional bonds
Short seller releases report as billionaire businessman pushes ahead with fundraising
Modi’s government has offered producers incentives to help with emerging technologies
New Delhi hopes to use role to champion domestic tech such as its payments system overseas
Early adoption of electric cars has been partly hindered by sparse coverage of charging stations
Country looks to clean energy to ease its chronic dependence on imported fossil fuels
Chinese group to roll out more models to become country’s next biggest EV seller behind Tata Motors
Sale marks final severing of ties between commodity trader and Russia’s state-owned energy company
Shaktikanta Das says economy is resilient but ‘global challenges are building up’
Smartphone maker wants to expand in the country and diversify manufacturing away from China
Funding crunch has triggered mass job cuts of up to 25,000 at country’s once-thriving tech companies
Buyers and sellers will be able to mix apps in a challenge to Amazon and Flipkart
Private sector looks to benefit as government pivots from dependence on military imports
Country hopes to benefit from companies diversifying supply chains
Wall St bankers pivot as Chinese companies turn to local advisers and Covid restrictions weigh on demand
EU member states have reached a deal on the world’s first major carbon border tax, N…
Board of lossmaking Indian payments company votes in favour of repurchase just a year after it launched India’s biggest IPO
India’s biggest winemaker goes public 26 years after planting its first vines
Asia’s richest man has pledged to invest $70bn in renewables but is coming under pressure for high leverage
Supply chain disruptions caused by Beijing’s strict zero-Covid policies boost country’s appeal to multinationals
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