At a time when higher US interest rates have made it expensive for Indian firms to tap foreign bond markets, mining major Vedanta Limited is likely to have struck a direct transaction with Life Insurance Corporation of India (LIC) to raise Rs 4,809 crore through 10-year bonds. Airbus SE has emerged as the front-runner to win an aircraft order worth as much as $5.5 billion from Jet Airways India, people familiar with the matter said, solidifying the European planemaker’s hold in the world’s fastest-growing aviation market.
GST Council meeting to begin on Tuesday with action-packed agenda
The two-day Goods and Services