RBL Bank surges most in 5 years after biggest stake-sale deal in Indian banking| Business News

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 […]

Nestle plans layoffs that will affect 16,000 jobs globally over next two years| Business News

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 leases 4.75 lakh sq ft warehouse in West Bengal for 9.9 years at over ₹135 crore rent

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) […]

MHADA to generate 7L homes in MMR in 5 years

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 […]