Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]
MUMBAI: After a gap of over 15 years, the Mumbai Metropolitan Region Development Authority (MMRDA) is preparing to auction a prime plot of land near the Wadala Truck Terminal, with a reserve price pegged at a staggering ₹1,629 crore. The 10,860 sq m plot, part of the Wadala Notified Area, will be leased to private […]
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, […]
Mahindra Logistics Limited has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at a total rent of over ₹135 crore, according to documents accessed by Propstack. Mahindra Logistics has leased a 4.75 lakh sq ft warehouse near Kolkata for 9.9 years at over ₹135 crore, documents from Propstack show. (Representational Image) […]
India’s stock markets will open for a special one-hour Muhurat Trading session on 21 October 2025, marking Diwali’s Laxmi Pujan. For the first time since 1957, the session will be held in the afternoon — 1:45 pm to 2:45 pm — instead of the traditional evening slot. While Muhurat Trading is more symbolic than tactical, […]
Mumbai: The Maharashtra Housing and Area Development Authority (MHADA) will generate more than 700,000 homes in the the Mumbai Metropolitan Region (MMR) over the next five years, including nearly 550,000 homes in the city, said Sanjeev Jaiswal, Vice President and Chief Executive Officer, Mhada. Image for representation (Hindustan Times) These homes will include affordable housing […]
Tata Consultancy Services Ltd. will create 5,000 new jobs in the UK over the next three years, as part of a wider push to become the world’s largest AI-led technology services company. TCS has had a presence in the UK for more than 50 years. (Reuters) India’s largest IT services firm is building an AI […]
In one of Mumbai’s biggest office deals, CRISIL will occupy space on the 10th to 15th floors in a building named Hiranandani Lightbridge in Powai Source link
Noida Authority to withdraw interest concessions for defaulting developers who have failed to meet obligations under ‘stalled legacy housing projects’ policy Source link
The Thar accounts for nearly a fifth of Mahindra SUV sales in the past five years, thus making the company India’s largest SUV maker by revenue. Source link