rupees
India to spend 100 billion rupees to make biopharma production hub
The funding will be directed towards the research and production of biologics and biosimilar medicinesPublished Mon, Feb 2, 2026 · 12:17 PM[MUMBAI] India will invest 100 billion rupees (S$1.4...
India’s RBI to inject 2 trillion rupees via fresh bond buys, US$10 billion in FX swap
This is to offset the cash drain from its US dollar sales in the currency market to support a weakening rupee[MUMBAI] India’s central bank announced fresh measures aimed at...
India bank frauds triple to 360 billion rupees as credit scams swell
The rise in cases underscores the challenges being faced by the banking regulatorPublished Thu, May 29, 2025 · 06:36 PM[MUMBAI] Bank frauds in India jumped threefold last year, with...
Malaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses.Published Tue, May 20, 2025 · 07:08 PM[BENGALURU] IHH Healthcare said...
India’s largest bank plans to raise 250 billion rupees in share sale
[MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees
[SINGAPORE] CapitaLand India Trust (Clint) posted a total property income of 4.7 billion rupees (S$74.6 million) for its first quarter ended Mar 31, 2025, up 14 per cent from...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
Apple exported 1.5 trillion rupees in iPhones from India last year, minister says
The diversification drive has coincided with Prime Minister Narendra Modi’s ambition to turn the country into a manufacturing hub[NEW DELHI] Apple exported more than 1.5 trillion rupees (S$23.6 billion)...
