India’s first AI listing is on deck: New York-headquartered AI firm FractalAnalytics could increase its research spending as it prepares for its public-market debut, CEO Srikanth Velamakanni told Reuters. Fractal aims to raise INR 49 bn (USD 565 mn) via its IPO, potentially valuing the AI major at USD 3 bn. It filed a draft […]
Author Archives: enterpriseam admin
Adani wins creditor approval for INR 135 bn takeover of JAL
Lenders chose Adani’s plan over Vedanta’s higher offer due to its larger upfront payments and shorter 1.5–2-year repayment window
Vedanta ramps-up Saudi investment as it readies to start copper and gold exploration
Vedanta has pledged USD 2 bn to develop copper processing in the kingdom
Ashok Leyland, Al-Futtaim deepen Middle East collaboration in Qatar
Skoda Auto eyes Saudi exports from Indian factories.
Reliance pulls the plug on Russian crude for export refinery
Indian refiners will turn more and more to MENA to plug the gap
Zaggle plans MENA expansion as it eyes USD 1 bn revenue target
The firm is entering the UAE market next year, with plans to scale across the Middle East, add new credit-card and UPI offerings, and evaluate a potential US entry
Inox + KP firms to develop 5 GW of renewable energy projects
Plus: Man Industries signs agreement with Saudi Aramco +India slips on climate change index
GCC debt capital market momentum set to extend into 2026 -Fitch
The region’s outstanding debt capital market hit the USD 1.1 tn mark at the end of 3Q 2025
NOVEMBER 21-22 November (Friday-Saturday): Global Economic Summit & World Trade Expo 2025, World Trade Center, Mumbai. 21-22 November (Friday-Saturday): BCKIC CSR & Sustainability Conclave 2025, Odisha State Convention Centre, Odisha. 22 November (Saturday): Finance Conclave 2025, The Park, Hyderabad. 21-23 November (Friday-Sunday): Spectacular India Showcase across major malls in Mumbai, Delhi, Bengaluru, Hyderabad and Ahmedabad. […]
State Bank of India sees economy growing 7.2% in 2Q.
Plus: Indian firms are flocking to Abu Dhabi