Vedanta Ltd. has mandated JPMorgan Chase & Co. to help it raise 25 billion rupees ($300 million) via rupee-denominated bonds, according to people familiar with the matter.JPMorgan’s financing solutions department in India, headed by Nitin Rungta, is reaching out to potential investors on behalf of the metals and mining company, according to people who asked not to be identified as the informatio...

Market participants are assessing the election manifesto released by the Bharatiya Janata Party (BJP) as a document that encompasses the promise of continuity and enhancement of current policies. The manifesto also combines measures that some are calling 'aspirational', aimed at moving India’s economic progress to a higher gear.Manifesto Musings - Who Said WhatEconomists at Citigroup have said t...

An Indian delegation in Singapore has sought to partner with the global shipping industry to explore new technologies and the potential of using methanol and ammonia as ship fuels, a senior government official said on Monday.The Indian delegation is here to participate in the Singapore Maritime Week, which is being attended by over 10,000 delegates from around the world."We are here to seek out co...

India is likely to receive above-average monsoon rains in 2024, the government said on April 15, a big boost for the country that depends heavily on the summer rains for its farm production.The monsoon, which usually arrives over the southern tip of Kerala state around June 1 and retreats in mid-September, is expected to total 106% of the long-term average this year, said M Ravichandran, secretary...

Equity benchmarks the 30-pack Sensex and the broad-based Nifty continued to trade lower on April 15 afternoon, weighed down by losses in banking, consumer, and technology names. Growing Iran-Israel tensions stoked concerns of a spike in oil prices and commodity supply weakened investors’ risk appetite.At around noon, the Sensex was down 505.13 points, or 0.68 percent, at 73,739.77, and the Nifty...