Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Military briefing: battle for Sievierodonetsk shows Russian strategy in Donbas
    • Fed officials raised possibility of ‘restrictive’ policy to fight inflation
    • China’s premier issues stark warning on economy as growth stalls
    • Beto O’Rourke interrupts press conference on Texas school massacre
    • Boris Johnson accepts ‘full responsibility’ for partygate
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Pfizer warns of ‘constant waves’ of Covid as complacency grows
    • Fed officials raised possibility of ‘restrictive’ policy to fight inflation
    • Andreessen Horowitz bets on crypto ‘golden era’ with new $4.5bn fund
    • Beto O’Rourke interrupts press conference on Texas school massacre
    • BofA and Citi suspend equity trading with Segantii Capital on block trade concerns
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Pfizer warns of ‘constant waves’ of Covid as complacency grows
    • BofA and Citi suspend equity trading with Segantii Capital on block trade concerns
    • Elon Musk must find more cash for Twitter deal after scrapping margin loan
    • UK government clears £4.25bn Chelsea FC sale to Todd Boehly
    • Asset managers divided by HSBC executive’s climate criticism
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • Live news updates from May 25: Musk must find cash for Twitter deal, Fed officials discussed ‘restrictive’ policy to fight inflation
    • Quant hedge funds reap windfall during 2022 market ructions
    • Wall Street stocks make further gains after release of Fed minutes
    • We’re asking the wrong questions about stablecoins
    • Are consumers . . . just fine?
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Is the ‘subscription economy’ going to feel the Netflix effect?
    • Even Sue Gray’s scathing verdict is little threat to this prime minister
    • We’re asking the wrong questions about stablecoins
    • Boris Johnson should heed warnings from the Australian election
    • The Fed must act now to ward off the threat of stagflation
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Vive la différence between work and play
    • Why presenteeism is an enduring corporate narcotic
    • ‘A bonfire of the decencies’: Peter Hennessy on Boris Johnson’s government
    • The cold call is back and worse than ever
    • Welcome to your office in the metaverse
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Kylie Minogue, uncorked
    • The best of Cannes Film Festival 2022
    • The supposed method in El Salvador’s crypto madness
    • I tried remote working from this subtropical island. Don’t get too jealous
    • The men who stick to a strict style diet
  • How to Spend It
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Chloe Cornish

Mumbai Correspondent
Chloe Cornish is the FT's Mumbai correspondent, writing on business, finance and capital markets in India. Chloe joined the FT in 2016. She reported from London and San Francisco before moving to Beirut as the FT's Middle East correspondent, where she covered Syria, Iraq and Lebanon.
Email Chloe Cornish @chloencornish  on Twitter (link opens in a new browser window)
Email Chloe Cornish @chloencornish  on Twitter (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Thursday, 19 May, 2022
    Sri Lanka
    Sri Lanka becomes first Asia-Pacific country in decades to default on foreign debt

    Economic crisis deepens as nation misses interest payments on two international sovereign bonds

  • Tuesday, 17 May, 2022
    Life Insurance Corp of India
    Indian insurer LIC slips in historic stock market debut

    Life Insurance Corporation garners $71bn valuation after government sells 3.5% of group

  • Sunday, 15 May, 2022
    Adani Group
    Adani buys Holcim’s Indian businesses for $10.5bn

    Cement deal is biggest acquisition yet for Asia’s richest man

  • Monday, 9 May, 2022
    InterviewSajjan Jindal
    JSW makes $7bn bid for Holcim’s India businesses

    Chair of country’s biggest steelmaker says Narendra Modi supported ‘nationalistic’ companies

  • Monday, 9 May, 2022
    Reliance Industries Ltd
    Mukesh Ambani’s Reliance Industries steps up M&A in retail and renewables push

    India’s biggest conglomerate spent almost $1bn on first-quarter dealmaking

  • Sunday, 8 May, 2022
    OutlookIndian business & finance
    Streaming services battle for India’s value-conscious consumers

    At a glamorous corporate event, global media businesses seem unfazed by the recent humbling of Netflix

  • Wednesday, 4 May, 2022
    Indian economy
    India’s central bank raises interest rates for first time since 2018

    Unexpected increase follows inflation surge as war in Ukraine drives up food import prices

  • Wednesday, 4 May, 2022
    News in-depthPakistan
    Imran Khan plots comeback as Pakistan’s new leaders battle economic woes

    Ex-leader’s anti-US rhetoric finds support among population fed up with inflation

  • Wednesday, 4 May, 2022
    India
    India boosts coal production to tackle power crunch amid searing heatwave

    Surging demand after easing of Covid restrictions and supply chain bottlenecks leave power plants short of fuel

  • Tuesday, 3 May, 2022
    Indian business & finance
    China’s Xiaomi shares dip after Indian authorities seize almost $730mn

    Financial investigations body alleges smartphone maker was violating foreign exchange rules

  • Monday, 2 May, 2022
    Tata Steel Ltd
    India’s Tata Steel shuns Russian coal

    Move underlines country’s challenge in easing shortage of commodity crucial to its power supply

  • Friday, 29 April, 2022
    Climate change
    Record India heatwave raises power cut

    High March and April temperatures send air-conditioning demand soaring, heightening coal shortage

  • Wednesday, 27 April, 2022
    Boots UK Ltd
    Apollo and Mukesh Ambani’s Reliance plan joint bid for Boots

    Private equity giant teams up with India’s largest company in attempt to buy UK pharmacy chain

  • Wednesday, 27 April, 2022
    Life Insurance Corp of India
    Indian government slashes LIC IPO by more than half to less than $3bn

    Finance ministry official defends ‘right sized’ offering for giant state-owned insurer

  • Monday, 18 April, 2022
    InterviewHDFC Bank Ltd
    India’s biggest-ever merger driven by regulatory tightening, HDFC chair says

    Deepak Parekh calls $40bn deal ‘necessary for both sides’ ahead of new curbs on shadow banking

  • Sunday, 17 April, 2022
    UK foreign policy
    Johnson to discuss security co-operation with Modi on India visit

    Talks come as New Delhi maintains neutral stance on Russia’s invasion of Ukraine

  • Thursday, 14 April, 2022
    Pakistan
    Pakistan army dismisses Imran Khan’s US conspiracy claim

    Rare public statement by military is a blow to ousted prime minister

  • Wednesday, 13 April, 2022
    News in-depthSri Lanka
    Sri Lanka’s economic crisis humbles the house of Rajapaksa

    Financial turmoil and mass demonstrations weaken family that has dominated politics for years

  • Tuesday, 12 April, 2022
    Sri Lanka
    Sri Lanka suspends bond payments as ‘last resort’

    Finance ministry blames pandemic hit to tourism and rising commodity prices as it looks to IMF for assistance

  • Monday, 11 April, 2022
    Pakistan
    ‘Welcome back to old Pakistan’: Imran Khan’s ousting marks return of political dynasties

    Shehbaz Sharif, brother of former prime minister Nawaz Sharif, elected new PM

  • Sunday, 10 April, 2022
    Pakistan
    Imran Khan ousted as Pakistan’s leader in vote of no confidence

    Opposition’s Shehbaz Sharif set to be confirmed as new PM by lawmakers on Monday

  • Friday, 8 April, 2022
    Adani Group
    UAE conglomerate invests $2bn in Gautam Adani group following trade deal

    IHC’s stake comes as the Indian tycoon makes ambitious green energy push

  • Friday, 8 April, 2022
    News in-depthPakistan
    Pakistan’s supreme court puts Imran Khan back on the brink

    Prime minister faces political demise after judges block bid to dissolve parliament

  • Thursday, 7 April, 2022
    Special ReportFT High-Growth Companies Asia-Pacific
    Asia-Pacific start-ups seize growth at home amid travel shutdowns

    Pandemic restrictions forced many businesses to look inward for expansion opportunities

  • Thursday, 7 April, 2022
    Special ReportFT High-Growth Companies Asia-Pacific
    Bangalore keeps its crown as India’s high-growth tech hub

    Investment is flowing south into the city’s start-ups, giving it the edge above Mumbai and New Delhi

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In