Mumbai leads India’s luxury property boom as the rich spend ₹7,186 cr in 2025; ₹739 cr pharma deal steals the spotlight

India’s wealthy individuals and entities spent more than ₹7,100 crore on 51 ultra-luxury homes in 2025, making it one of the strongest years on record for the high-end residential market, according to data collated by Zapkey. The year 2025 recorded the highest-ever number of super-luxury transactions, with nine deals exceeding the ₹200 crore mark, signalling […]

Yum! deal? India’s KFC, Pizza Hut operators announce $934-million merger| Business News

India’s KFC and Pizza Hut operators Sapphire Foods India Ltd. and Devyani International Ltd. are coming together in a $934-million deal, creating a fast-food powerhouse in the world’s most populous country. Devyani International and Sapphire Foods run over 3,000 outlets across India and overseas, including KFC and Pizza Hut dine-in restaurants. (AI Image) KFC, Pizza […]

Coforge signs $2.35-billion deal for Encora in push for AI-led technology services| Business News

Coforge Ltd. has agreed to acquire Encora Inc., a Silicon Valley-based software engineering firm, at an enterprise valuation of $2.35 billion, betting on the surging demand for AI-driven technology services. Coforge CEO Sudhir Singh. (AI Image/Handout) The Coforge-Encora acquisition deal will be funded through a preferential allotment of equity shares valued at approx. $1.89 billion. […]

Nvidia reaches licensing deal with Groq amid AI chip rivalry with Google Tensor| Business News

Nvidia Corp. has agreed to a licensing deal with AI chip startup Groq, furthering its investments in companies connected to the AI boom. Groq founder Jonathan Ross and other top executives will join Nvidia “to help advance and scale licensed technology”. (Bloomberg) As part of the Nvidia-Groq deal, Groq’s Chief Executive Officer Jonathan Ross and […]

Jeetendra Kapoor’s ₹855-crore deal tops Bollywood’s blockbuster property moves in 2025

High-value Bollywood real estate transactions dominated headlines in 2025, with Jeetendra Kapoor’s ₹855-crore land deal leading the pack, followed by major moves by Amitabh Bachchan, Akshay Kumar, Hrithik Roshan and others. Mumbai real estate update: High-value Bollywood real estate transactions dominated headlines in 2025, with Jeetendra Kapoor’s ₹855-crore land deal leading the pack. (Picture for […]

Larry Ellison gives $40-bn personal guarantee for Paramount-Warner Bros deal| Business News

Oracle ‍co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing ⁠for Paramount ⁠Skydance Inc.’s offer to ⁠acquire Warner Bros. Discovery. Oracle founder Larry Ellison. (AFP) Paramount, controlled by Ellison’s son David Ellison said the ​amended terms do not change the $30-per-share all-cash offer. Earlier, Netflix Inc. said […]

INR-USD | Rupee slides to fresh all-time low of 90.82/Dollar in absence of India-US trade deal

The Indian Rupee slipped to an all-time low for the fourth consecutive session on Tuesday, as an India-US trade deal remained elusive. The rupee slipped to an all-time low of 90.82, eclipsing its previous record low of 90.7875 hit on Monday. (Reuters) The rupee slipped to an all-time low of 90.82, eclipsing its previous record […]

Rupee hits new all-time low of 90.72 vs Dollar with India-US trade deal in limbo| Business News

The Indian rupee fell to a new record low on Monday against the US dollar as uncertainty continues to surround a India-US trade deal and persistent foreign fund outflows. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) The rupee fell to 90.72 against the US dollar in intraday trade, after opening […]

Mumbai real estate: Santacruz West bungalow sells for ₹164 crore in a major luxury deal

In one of the largest standalone land purchases in Mumbai, a subsidiary of luxury real estate developer ZYJ Builders and Developers has acquired the Dwarka Bungalow in Santacruz for ₹164 crore, according to documents accessed by data analytics firm Zapkey. Mumbai-based luxury developer ZYJ Estates LLP has bought the Dwarka Bungalow in Santacruz for ₹164 […]