BHP has picked former bank boss Ross McEwan to be its next chair, succeeding Ken MacKenzie, as expectations grow of a wave of dealmaking across the mining industry.

The global IT service provider aims to raise Rs 8,750 crore through its maiden issue, which is set to be the largest IPO by an Indian IT company, breaking the previous record held by TCS.

In a recent monetary policy meeting, the Reserve Bank of India (RBI) under new Governor Sanjay Malhotra took decisive action by cutting the benchmark repo rate by 0.25% to 6.25%. The move, aimed at ...