The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in the forex market. The rupee is heading towards its sharpest yearly fall since 2022. (AFP) At the interbank foreign exchange market, the rupee opened at 90.19 against the US dollar, […]
MUMBAI: The redevelopment of 388 old and dilapidated Mhada buildings in South Mumbai may finally move forward. After attempts by these housing societies to invite private developers failed, the state housing agency has agreed to redevelop these buildings if approached by housing societies, in groups. A total of 27,373 families live in these 388 crumbling […]
Varun Berry has resigned as the chief executive officer of Britannia Industries Ltd., less than a week after the company declared its second-quarter results. In fact, Berry had put in his papers the very next day. Varun Berry. (Livemint) The resignation is effective immediately as the board of the biscuit maker has decided to waive […]
Sankey Prasad has stepped down from his position as chairman and managing director of Colliers India and Colliers Project Leaders, Colliers said in a statement on October 28. While Prasad has relinquished his position as the CMD in the Colliers Project Leaders Middle East business, he will continue to hold a stake in the company. […]
Taiwan’s Hon Hai Precision Industry Co., Ltd., which operates as Foxconn globally, has decided to invest ₹15,000 crore more in Tamil Nadu to build on its already sprawling electronics manufacturing operations in the state. Tamil Nadu Chief Minister M.K. Stalin and Foxconn’s India representative Robert Wu in Chennai on Monday, 13 October 2025. (Guidance_TN/X) As […]
