Indian bonds rallied the most in four months on Wednesday after the central bank announced fresh measures to boost banking-system liquidity, including government bond purchases and a foreign-exchange swap. The liquidity infusion is expected to offset cash drain from the RBI’s dollar sales to support the rupee, Asia’s worst-performing currency this year. (Mint) The Reserve […]
OneAssist and OTTplay have officially launched the ‘Pocket Saver Plan’ to bridge the gap between essential household services and digital entertainment. The Pocket Saver Plan makes assistance and entertainment easily accessible in one affordable package. (Handout) This first-of-its-kind “sachet-priced” bundle is designed for India’s offline retail customers, offering a unique combination of home appliance protection […]
The Ahmedabad-based Adani Group has a five-year, $11-billion expansion plan for its airports business but no plans to start an airline in the world’s fastest growing aviation market. Jeet Adani, director at Adani Airports Holdings Ltd. and son of billionaire Gautam Adani, at the newly built Navi Mumbai International Airport. (Reuters) What’s the plan: The […]
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 […]
Alphabet Inc.’s Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, in the first such funding partnership involving the search giant. India-born Google CEO Sundar Pichai. Google is investing $15 billion to build a 1 GW AI data centre in India, and is offering Google Gemini for […]
Volkswagen AG is slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny market share, according to people familiar with the matter. Skoda Auto Volkswagen India Pvt. Ltd. has cut costs to about $700 million from $1 billion for a platform it is […]
The Maharashtra government is considering repealing the Maharashtra Ownership of Flats Act (MoFA), which aims to safeguard the interests of homebuyers and housing societies in the state of Maharashtra, according to a Hindustan Times report. The Maharashtra government is considering scrapping the Maharashtra Ownership of Flats Act (MoFA), the law that currently protects homebuyers and […]
The Delhi Development Authority (DDA) has approved several key proposals, including the capital’s first Transit-Oriented Development (TOD) housing project in Karkardooma, the change of land use for 40.23 hectares under the land pooling policy, and the construction of world-class sports infrastructure in Narela, which will also be developed as an education hub, the authority said. […]
As the festive season approaches, with Dhanteras 2025 on October 18, many homebuyers in the Mumbai real estate market look to make auspicious purchases. One recurring dilemma for aspiring homebuyers has always been a persistent issue. Should they opt for an older property with lower EMIs or go for a new build with higher monthly […]
Coca-Cola Co. is considering a listing for its bottler in India in an IPO that can fetch up to $1 billion, according to people familiar with the matter. A Coca-Cola India IPO would only happen in 2026, if the talks hold through. (AFP) The American company has met with bankers in recent weeks to discuss […]
