Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Ola Group has paused operations of Ola Foods amid a financial quagmire at Ola Electric Mobility Ltd., so much so that the food-delivery option has disappeared from the ride-hailing app. The cloud kitchen business, operated through the Open Network for Digital Commerce (ONDC), is not accepting orders either. Ola Group Chairman Bhavish Aggarwal. (PTI) “The […]
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, helping power India’s aviation boom as it prepares to list its airport unit. The Adani Group HQ in Ahmedabad. The Adani Airports expansion plan excludes 20 million at Navi Mumbai and […]
New Delhi, Nov 24 (PTI) Realty firm County Group has bought 5-acre land in Noida through auction for around ₹475 crore to develop a housing project, sources said. Noida real estate: Realty firm County Group has bought 5-acre land in Noida through auction for around ₹475 crore to develop a housing project, sources said (Picture […]
New Delhi, Nov 23 (PTI) India’s 28 major listed real estate companies sold properties worth nearly ₹92,500 crore during the first half of this fiscal year, led by Bengaluru-based Prestige Estates, which achieved the highest sales bookings. India’s 28 major listed real estate companies sold properties worth nearly ₹92,500 crore during the first half of […]
Shares of Jaiprakash Power Ventures surged on Wednesday amid reports that Adani Enterprises Ltd. has been chosen to acquire Jaiprakash Associates Ltd. under the insolvency process. Jaiprakash Power Ventures is part of the Jaypee Group led by Manoj Gaur. (HT) JP Power’s share price rose as much as 17.29% to ₹20.69 on the BSE even […]
Creditors of Jaiprakash Associates Ltd., commonly known as Jaypee Group, have unanimously backed Adani Enterprises Ltd.’s ₹13,500-crore takeover proposal under the insolvency process, preferring it over a higher bid by Vedanta Ltd. Adani Group Chairman Gautam Adani. Vedanta’s bid for Jaypee Group (Jaiprakash Associates) entailed a five-year payment timeline, significantly longer than the 1.5-2 years […]
Brigade Group Managing Director Pavitra Shankar has said that housing demand remains steady in cities such as Bengaluru and Hyderabad despite concerns around affordability and job market uncertainty. “There’s no slowdown per se,” she noted, adding that inventory continues to move well across projects. Brigade Group MD Pavitra Shankar said housing demand in Bengaluru and […]
Dr Ranjan Pai–led Manipal Group has formally submitted an Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process of Think & Learn Pvt Ltd, the parent company of Byju’s. Signage at a Byju’s Tuition Centre, operated by Think & Learn Pvt., Ltd., in Mumbai. (Bloomberg) According to documents filed with the Resolution […]
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 […]
Nvidia Corp. has joined Indian and US investors backing deeptech startups in the country that’s home to the world’s largest internet population outside of China. Nvidia CEO Jensen Huang. Nvidia is a founding member of India Deep Tech Alliance that seeks to attract funding for local deeptech startups. (Reuters) The India Deep Tech Alliance has […]
