29 result(s) for “Investment”
Tata Motors subsidiary reached a controlling shareholding in Italy’s Iveco after a voluntary tender offer closed with acceptances that push its holding to about 89.4 percent, making the deal unconditional and opening the path to delisting and integration.
A battery-swap station for heavy electric trucks opened in Bhiwandi on October 27, 2026, in a joint initiative by Blue Energy Motors and Hindustan Petroleum. The facility aims to cut downtime to under five minutes, strengthen the Mumbai Pune electric freight corridor, and scale electrification of last mile logistics and regional haulage, while highlighting infrastructure, grid and standardisation challenges ahead.
KEC International has secured Rs 2,872 crore of turnkey orders from Power Grid Corporation of India to build 765 kV transmission lines tied to an 8.5 GW renewable evacuation programme in Gujarat. The deal widens KEC’s domestic order book and highlights accelerating investment in grid infrastructure as India scales wind and solar capacity.
Prime Minister Narendra Modi on October 25 inaugurated the Reserve Bank of India’s greenfield data campus and a cybersecurity training institute near Bhubaneswar, a move regulators say will strengthen payment-system resilience and create opportunities for local technology and services firms.
Prime Ministers Narendra Modi and Donald Tusk agreed to deepen economic cooperation and aim to double two way trade from about USD 6.3 billion by 2030, while signing measures to expand defence industry collaboration, energy and high technology links.
Vikram Solar said its 9 GW N type TOPCon solar cell facility at Gangaikondan, Tamil Nadu, will begin producing cells in December 2026. The move brings India closer to an integrated domestic solar supply chain and could ease reliance on imported cells for large scale projects.
The Wadhwani Innovation Network at IIT Bombay, in partnership with the Manipal Government of Karnataka Bioincubator, launched a competitive non dilutive grant program on October 23, 2026 offering up to Rs 1 crore to de risk technology translation for Indian health and bio startups. The move aims to accelerate commercialization of lab stage innovations and strengthen India’s bioeconomy pipeline.
Minutes from the Reserve Bank of India monetary policy meeting published October 22 show policymakers moved to a calibrated tightening stance and flagged scope for additional rate rises to tame inflation, a shift that could tighten borrowing costs for households and companies ahead of year end.
Minutes released October 21 from the Reserve Bank of India’s October MPC meeting detail growing concern over oil driven price pressures, a shift to a calibrated tightening stance and market repositioning that sent bond yields higher and tightened financial conditions.
Jio Platforms, the digital and telecom arm of Reliance Industries, opened a roughly Rs 30,000 crore initial public offering on October 21, 2026. The three day subscription window marks the country’s biggest share sale and will test investor appetite for a high valuation and a capital markets milestone.
US Secretary of State Marco Rubio arrived in Mumbai on October 20, 2026, seeking to push a near finalised bilateral trade agreement while American and Indian officials also navigate sensitivities over India’s purchases of Russian crude. The visit, which will include stops in Jamnagar, underlines how trade, energy and private sector ties are converging at a critical moment for investment and industrial policy in India.
I could not find a reliable India-focused Business and Economy news item that was first reported or materially updated on 2026-10-20. Would you like me to broaden the date range or pick a different India business topic to research and write about?
Jio Platforms filed a Red Herring Prospectus on October 14 and set an IPO that opens October 21. The offer, including a reserved slice for Reliance shareholders, could raise about Rs 30,000 crore and marks one of India’s biggest listings this year.
Canada’s Fairfax Financial will acquire 60.72 percent of IDBI Bank for about Rs 52,878 crore, a transaction the government and markets describe as the largest foreign direct investment in India’s banking sector. The deal shifts a state-backed lender into private hands and raises questions about regulatory approvals, ownership rules and the future of related bank holdings.
The Union Cabinet on October 14 approved the sale of a 60.72 percent combined stake in IDBI Bank to an entity backed by Canada’s Fairfax Financial Holdings for Rs 52,878 crore. The transaction, cleared on October 15 for publication, is a landmark foreign direct investment into India’s banking sector and raises questions about valuation, market response, and the future of state ownership in banking.