Anto Antony

Shortly before noon on Sept. 17, the directors of Tata Sons Pvt., the holding company for India’s biggest conglomerate, gathered in a sleek boardroom on the fourth floor of its headquarters for a meeting.

Abu Dhabi’s newest sovereign wealth fund is laying the groundwork to raise money from outside investors for one of its units, the latest sign the emirate is looking to attract capital rather than just deploy its own cash.

On an October evening last year, four cars approached the New Delhi home of Amit Shah, India’s home minister and one of Prime Minister Narendra Modi’s most trusted lieutenants. Guards inspected the vehicles before waving through the convoy that included a white Mercedes and a Jaguar carrying some of the country’s top business figures.

The country is one of the world’s most active markets for private equity-driven healthcare consolidation.

As HDFC Bank Ltd. prepares for its first outsider chief executive, trepidation is rippling through its senior ranks, with some bracing for the possibility of more shifts in management and power structures inside the $110 billion lender.

The system has opened up for small investors as well as global private equity. The challenge is turning access into lasting economic gains.

Mitsubishi UFJ Financial Group Inc. is studying ways to eventually gain majority control of Shriram Finance Ltd., in a deal that would mark the largest foreign investment in India’s financial sector if it goes ahead, people familiar with the matter said.

Billionaire Mukesh Ambani is looking to activate the vast workforce of Reliance Industries Ltd. to drum up interest in the blockbuster initial public offering of his empire’s telecom and digital services arm Jio Platforms Ltd., even bringing forward some salaries to give employees access to investable cash.

HDFC Bank is investigating two senior executives for leaking sensitive business information amid leadership changes and internal discord. The bank's commitment to ethics is under scrutiny as the probe unfolds.

As India cracks down on the world’s biggest equity-option frenzy, the country’s retail investors and high-frequency traders are turning to a new arena: commodities