(Bloomberg) — Japan’s bout of inflation is cutting both ways in the Tokyo housing market. Potential homebuyers in Tokyo are divided on their property purchasing plans as surging living costs add to affordability concerns, according to a Bloomberg Intelligence survey. Some are delaying purchases while others are wary of missing out on opportunities posed by […]
Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp Navratil Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP) “The world is changing, […]
Ola Electric Mobility Ltd. has launched its first non-automotive product, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have nosedived. Ola Electric believes it can scale Ola Shakti BESS with “zero incremental capex and R&D spends”. (@bhash/x) Ola Shakti is a residential battery energy storage system powered by Ola’s […]
PANAJI: The Goa-based Mormugao Port Authority (MPA) on Wednesday said it expects to sign about 24 agreements for investments worth ₹3,000 crore at the upcoming India Maritime Week in Mumbai. India Maritime Week expects participation from over 100 countries, over 1,00,000 delegates, over 200 speakers, (X/PIB_Panaji) MPA chairman N Vinodkumar said the port, one of the […]
PANAJI: The Goa-based Mormugao Port Authority (MPA) on Wednesday said it expects to sign about 24 agreements for investments worth ₹3,000 crore at the upcoming India Maritime Week in Mumbai. India Maritime Week expects participation from over 100 countries, over 1,00,000 delegates, over 200 speakers, (X/PIB_Panaji) MPA chairman N Vinodkumar said the port, one of the […]
Gift Nifty trading higher indicates a positive start for the Nifty 50 today. Here are trading cues on how the stock market is likely to move today. Source link
Tata Consultancy Services (TCS) plans to set up a new business entity to build world-class AI infrastructure, including a 1 GW AI data centre in India. Source link
Noida Authority plans to attach and auction assets of defaulting builders; take measures under the policy to ensure buyers complete their property registration Source link
Revolut has secured a payments licence from RBI to offer UPI and Visa payments for its Indian users. It plans to start ops with 3.5 lakh waitlisted customers. Source link
The State Bank of India (SBI) plans to purchase 200 ready-to-move-in 2 BHK apartments across various locations in the Mumbai Metropolitan Region (MMR) Source link