Business & Markets: India — Today

₹18,268 crore — Bank of America's proposed investment in Jio Credit, making it the largest single foreign strategic bet on India's consumer lending space in 2026.

Money Moves

• Tata Sons Launches Successor Search — Sir Dorabji Tata Trust passed a resolution to set up a Selection Committee "as soon as possible" after N. Chandrasekaran's email on Aug 12 confirming he won't seek reappointment. The AGM is August 18.
• Tata Motors Q1 Profit Surges 83% —...