Billionaire Mukesh Ambani's Reliance Industries is set to return ​to India's rupee bond market after nearly three years, five merchant bankers told Reuters late on Monday, with what would be the largest single-tranche fundraising by a rated firm since November 2023.

Indian steel prices are expected to rise further in the coming weeks as a post-monsoon pickup in infrastructure and automotive demand tightens the market while higher coking coal costs lift production costs of mills, executives and analysts said.

Higher prices could help mills recover margins ‌squeezed by surging coking coal costs, but infrastructure.

The Bombay High Court on Tuesday refused to quash the summons issued to Congress MP Rahul Gandhi in 2019 in a defamation complaint over his remarks against Prime Minister Narendra Modi, whom he had called a "commander-in-thief".

A single bench of Justice N R Borkar dismissed Gandhi's petition against the magistrate court's order.

Nepal is racing to restore vital road links severed by devastating flash floods, seeking temporary bridges from India and China as authorities work to reconnect isolated communities in the disaster-hit areas.

The death toll from the August 26 disaster stood at 1,356 as of Monday, while 4,994 people remained missing, according to the National Disaster Risk Reduction and Management Authority (NDRRMA).

Tata Consultancy Services (TCS), India's largest IT services player, today announced that it has won a bid worth ₹122.6 crore to implement the next phase of the Odisha State Workflow Automation System (OSWAS 3.0), extending its partnership with the Government of Odisha by around six years.

Powered by TCS DigiBOLTTM, the governance platform will combine workflow automation.

Billionaire Mukesh Ambani’s Jio Platforms Ltd. plans to formally kick off investor outreach for its initial public offering as early as next week, according to people familiar with the matter, advancing plans for what could be one of India’s largest-ever listings.

The digital and telecommunications arm of oil-to-retail conglomerate Reliance Industries Ltd.

The Supreme Court on Monday dismissed the Centre’s appeal seeking to restore a ₹363 crore goods and services tax (GST) demand against Vodafone Idea, after the Bombay High Court had struck down the proceedings against a company that no longer existed following a merger, Bar and Bench reported.

The owner of the building in Satya Niketan that collapsed, claiming lives of seven people, has been apprehended from Rajasthan's Bhiwadi area on Monday, the Delhi Police said.

An officer said, "Hariram Gupta has been apprehended from Bhiwadi. Further examination is ongoing in connection with the case."

Maruti Suzuki India will raise prices of select models by up to ₹20,000 from September, the company said in a BSE filing on Monday, citing sustained increases in input costs and elevated inflationary pressures.

This will be the third price hike announced by the carmaker since May. However, unlike the previous two increases, which were applicable across Maruti Suzuki’s entire vehicle portfolio, the latest revision will be limited to select models.

The Indian central bank absorbed more than ₹6 trillion ($63.53 billion) through cash withdrawal operations on Monday, a day ​after banking liquidity surged to a record high.

The Reserve Bank ​of India received offers worth ₹3.53 trillion at an overnight auction, right ‌after banks parked ₹2.59 trillion through a 30-day auction.

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