India to assume chair of global diamond watchdog Kimberley Process from Jan 1| Business News

NEW DELHI: India will assume chairmanship of the UN-backed global forum Kimberley Process (KP) to prevent trade of conflict diamonds from January 1 for the third time, Union commerce and industry minister Piyush Goyal said. FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana November 24, 2015 […]

Gujarat eases liquor norms in GIFT city to woo global investors; no change to state’s prohibition laws

The GIFT City, or Gujarat International Finance Tec-City, in the state has revised its ‘Wine and Dine’ policy, thus permitting liquor consumption in expanded areas. These include hotel terraces, lawns, and poolside zones, ANI news agency reported. The GIFT City is a smart city and the first operational International Financial Services Centre (IFSC) in India.(Special […]

Walmart Global Tech expands presence in Bengaluru; leases 1.01 lakh sq ft office space for ₹49 lakh a month

Walmart’s technology and innovation arm, WM Global Technology Services India Pvt Ltd, also known as Walmart Global Tech India, has leased 1.01 lakh sq ft of office space for five years at a monthly rent of nearly ₹49 lakh in Bengaluru, documents accessed by Propstack showed. Bengaluru real estate: Walmart’s technology and innovation arm, WM […]

Beyond ‘data colonialism’ — The role of Global South in an AI world| Business News

The world has never been evenly arranged. Borders, ideas, capital, opportunities have never ever been equally distributed. The language of global development has always attempted to soften this reality with polite abstractions such as “developing countries” or “emerging economies”, yet the deeper historical geography of inequality is best captured in one term: ‘Global South’. The […]

Here’s why Hyderabad is outpacing Bengaluru in attracting Global Capability Centres

With more than 70 Global Capability Centres (GCCs) of companies such as Netflix, Eli Lilly, Costco and McDonald’s, now operating in Hyderabad, the city continues to cement its position as a global hub for enterprise innovation. Adding to this momentum, Hyderabad has reportedly attracted the GCC of French beauty major L’Oréal, the world’s largest cosmetics […]

Adani’s Kutch Copper smelter in Gujarat caught up in global ore shortage| Business News

Billionaire Gautam Adani’s $1.2 billion copper smelter in Gujarat is receiving only a fraction of the ore required to operate the 500,000-ton-a-year plant at full capacity, as a global supply squeeze tightens. Adani’s Kutch Copper requires about 1.6 million tons of concentrate to function at full strength. (Reuters) Kutch Copper Ltd., which began processing metal […]

Lenskart ties up with Labubu maker Pop Mart to bolster its global ‘House of Brands’ strategy| Business News

Lenskart Solutions Ltd. has tied up with Labubu maker Pop Mart to strengthen its global “House of Brands” strategy that also includes Barcelona’s Meller brand of sunglasses acquired earlier this year. Peyush Bansal, chief executive officer of Lenskart Solutions. (Bloomberg) The ‘Pop Mart X Lenskart’ eyewear collection will launch in Singapore—online and in select stores—in […]

Tariffs, Fed policy, and the shifting global landscape| Business News

The global economy stands at a crucial juncture as protectionist impulses, monetary tightening, and changing consumption patterns converge. We are witnessing tectonic shifts in the global power equation and currency hegemony. Recent tariff escalations, particularly between the U.S. and key Asian exporters, have reignited concerns over global trade flows and inflationary pressures. At the same […]

Are rising Indian property prices and global parity prompting NRIs to buy homes abroad instead?

With property prices rising in recent years, many NRIs say buying a home in India now feels out of reach, costing as much as real estate in global cities. On Reddit, several compared apartments in Mumbai and Bengaluru to homes in Australia or Germany, saying they get better value, infrastructure, and rental returns abroad. With […]

Signature Global raises ₹875 cr via non-convertible debentures from IFC; to fund new housing projects and reduce debt

Gurugram-based listed real estate firm Signature Global (India) Ltd announced on October 28 that it has raised ₹875 crore through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), the World Bank’s lending arm. The funds will be used to develop housing projects and reduce debt. “Signature Global will utilise the […]