Inside ABD’s plan to build a luxury alcobev house for India’s rapidly premiumising customer| Business News

In March 2025, Allied Blenders & Distillers, the largest Indian-owned alcobev firm, moved its premium brands to a new luxury subsidiary, ABD Maestro. It invested ₹70 crore for an 80 percent stake, with actor Ranveer Singh owning the balance. Bikram Basu, managing director at ABD Maestro Pvt. Ltd. (Handout) Maestro’s portfolio includes owned brands such […]

Brookfield to invest over ₹9000 crore to build Asia’s largest GCC in Mumbai’s Powai

Maharashtra Chief Minister Devendra Fadnavis said on December 12 that global asset manager Brookfield is set to invest around ₹9,000 crore to create a global capability centre (GCC) facility in the state. Maharashtra Chief Minister Devendra Fadnavis said on December 12 that Brookfield will invest about ₹9,000 crore to build a global capability centre in […]

TCS, OpenAI said to be in advanced talks to build AI infrastructure in India| Business News

OpenAI is said to be in advanced talks to partner Tata Consultancy Services Ltd. to build AI infrastructure in India. That’s seen as a win-win for the world’s largest AI company and what can become the world’s largest AI-led services company. A TCS-OpenAI deal would also mark the beginning of Stargate in India. (Reuters) The […]

Godrej Properties acquires 5-acre Hyderabad plot; to build ₹4,150-crore premium housing project

Godrej Properties Limited (GPL) has said it has bought a 5 acre land parcel in Hyderabad through an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) and plans to develop a housing project worth ₹4150 crore on the site. Godrej Properties Limited (GPL) has said it has bought a 5-acre land parcel in Hyderabad […]

How to build a bond portfolio that generates ₹25,000 per month in passive income| Business News

Imagine receiving a steady income every month without worrying about stock market volatility, tenants, or property upkeep. Think of it as rent-like income, minus the stress. For many Indians, passive income still feels complicated or out of reach. But with the rise of fixed-income platforms and better access to corporate bonds, earning predictable monthly returns […]

OpenAI teams up with Foxconn to build hardware for AI data centres| Business News

OpenAI is partnering with Hon Hai Precision Industry Co. (Foxconn) to design and manufacture hardware for AI data centres, amid a grow need for AI infrastructure globally. Foxconn has separately announced a venture with Intrinsic to explore AI data centres. (Reuters) Foxconn will co-design and develop data centre server racks with OpenAI, and work to […]

Adobe to acquire Semrush in $1.9-billion deal to build marketing tools for an AI world| Business News

Adobe Inc. has decided to acquire Semrush Holdings Inc. in a $1.9-billion all-cash deal, as the Photoshop maker looks to strengthen its marketing tools for an AI world. Adobe is paying $12 per share of Semrush, which is a 77.5% premium over the last closing price, in a $1.9-billion all-cash deal. (Reuters) The San Jose, […]

Yeida allots 200 acres land to build ₹8,200 crore solar hub

GREATER NOIDA: The Yamuna Expressway industrial development authority (Yeida) said it has allotted 200 acres of industrial land in Sector 8 to SAEL Solar P6 Private Limited, a subsidiary of SAEL Industries Limited, to set up an integrated solar manufacturing ecosystem with an investment of ₹8,200 crores. The Authority’s step follows the State Government’s approval […]

Anant Raj’s subsidiary to build data centers, IT Park under MoU with Andhra Pradesh

Real estate developer Anant Raj’s subsidiary, Anant Raj Cloud, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop new data center facilities and an IT park in the coastal state. Under the MoU, ARCPL will invest approximately ₹4,500 crore, to be executed in two phases, to build the infrastructure and […]

Adani Group plans to build India’s largest battery storage system in Gujarat| Business News

Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in Gujarat to support his group’s renewable energy ambitions, according to people familiar with the matter. Adani Group Chairman Gautam Adani. (Bloomberg) The proposed installation, planned for completion by March 2026, would be India’s top battery storage facility and among the largest […]