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Home  Business

Business

South City Mall sold to Blackstone for Rs 3,250 crore mega deal

South City Mall sold to Blackstone for Rs 3,250 crore mega deal

  • Google’s move to make India’s digital space safer

    The company during the Google India Summit unveiled Safety Charter which is built around three key goals — keeping internet users safe from scams and frauds, strengthening cybersecurity for governments and businesses and building responsible AI systems
  • India emerges as a global investment star in Q3 2025 with projected 6.2% GDP growth

    HSBC Global Private Banking highlights robust domestic consumption, favorable trade dynamics, and strategic investment opportunities in Indian equities and bonds amid global market volatility
  • Vishal Mega Mart shares decline after Rs 10,488 crore block deal

    Vishal Mega Mart's stock fell after a big Rs 10,488 crore block deal by promoter Samayat Services. The sale followed the end of a lock-in period. Though shares dropped, experts say the company remains strong, urging short-term caution
  • Editorial: Time for reforms in India’s aviation sector

    The Air India tragedy in Ahmedabad underscores the need for strategic reforms, focusing on improving infrastructure, modernising regulations, and addressing financial sustainability in India’s aviation sector
  • PM-WANI scheme: TRAI finalises tariffs to boost retail broadband connectivity for wi-fi service providers

    TRAI set new broadband pricing rules for public Wi-Fi providers (PDOs) under the PM-WANI scheme, capping tariffs at twice the retail FTTH rates. This move aims to boost affordable public Wi-Fi and support digital inclusion across India
  • Need to stay on course, Tata Sons chairman tells Air India employees

    Air India Chairman N Chandrasekaran asked employees to to show resilience and use the Ahmedabad tragedy as an act of force to build a “safer airline”
  • UPI transactions set to become faster from June 16

    From June 16, UPI payments will process faster, completing within 10–15 seconds. NPCI also set a 50-times daily limit for balance checks and tightened beneficiary name rules to boost security and user experience in India’s growing digital payment space
  • India’s merchandise trade deficit reduces to $21.88 billion in May

    India’s trade deficit narrowed to $21.88 billion in May 2025, helped by strong electronics exports and falling imports. Forex reserves rose to $696.66 billion, boosting the RBI’s ability to stabilize the rupee amid global uncertainty and geopolitical tensions
  • Early rains in several parts of country dampen fuel demand growth in June

    Early rains in June reduced fuel demand in India, with diesel consumption falling after two months of growth. Petrol and LPG sales slowed slightly from May, while ATF rose year-on-year. Weather and rural activity influenced these shifts
  • WPI inflation declines to 14-month low of 0.39 per cent in May on easing food, fuel prices

    Wholesale inflation fell to 0.39% in May due to lower food and fuel prices. However, rising crude oil prices and monsoon delays may push inflation up slightly in June. Retail inflation remains low, supporting RBI’s recent interest rate cut
  • Oil prices in international market jump as Mideast tensions escalate

    Oil prices surged after Israel attacked Iran’s South Pars gas field amid escalating tensions. While analysts expect temporary price hikes, any disruption to the Strait of Hormuz or broader conflict could lead to lasting price increases
  • Sensex, Nifty rebound after two-day fall; Asian markets rally, crude prices rise

    Sensex and Nifty rebounded in early trade Monday after a two-day slump, tracking gains in Asian markets. Brent crude rose 0.73% amid Middle East tensions. Despite the uptick, FIIs remained net sellers, offloading ₹1,263 crore on Friday.
  • Rupee slips to 86.17 as crude oil surges, Middle East tensions rise

    The Indian rupee fell 6 paise to 86.17 against the US dollar in early trade Monday amid rising crude prices and geopolitical tensions. FII outflows also weighed on the rupee, despite gains in equities and rising forex reserves.
  • G7 summit opening in Canada with focus on trade, wars

    As US President Donald Trump returns to Canada for this year’s G7 summit in the Rocky Mountains, world leaders aim to avoid the kind of disruption seen at the 2018 meeting, which ended in acrimony and a viral image of Trump in defiance
  • Amitabh Kant resigns as G20 sherpa

    Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency
  • Rewind: Dreamliner’s sole survivor brings back memories of lone survivors — From Amazon to Ahmedabad

    Vishwash Ramesh, the sole survivor of the Dreamliner crash in Ahmedabad, joins the few in aviation history who defied death and lived to tell their tale
  • Donald Trump gives green signal for Nippon Steel investment in US Steel

    President Trump approved Nippon Steel’s investment in US Steel, with conditions to protect US national security. The $28 billion deal includes $11 billion in investments, a “golden share” for government control, and commitments to keep US operations active and American-led
  • Air India, AI Express to do away with flight number ‘171’

    The Boeing 787-8 Dreamliner aircraft that went down soon after take-off was operating the flight ‘AI 171’ from Ahmedabad to London Gatwick
  • ITC completes buying of 24 Mantra Organic brand owner Sresta Natural

    ITC has acquired Sresta Natural Bioproducts, owner of 24 Mantra Organic, for Rs 472.5 crore. This move boosts ITC’s presence in the organic food market, offering over 100 products and connecting with 27,500 organic farmers across India
  • Telangana invites global collaboration in AI, clean energy, smart healthcare

    At Global Leaders' Summit 2025, Industries Minister D Sridhar Babu highlights the State’s 10.1 per cent GDP growth, strong services sector, and high per capita income. He invites global partnerships in innovation, clean energy, healthcare, and digital technologies
  • Opinion: India vs Japan: Growth in numbers, gaps in development

    GDP can open doors, but it is the human development indices that reveal whether people are walking through them
  • Editorial: Tragedy in the air

    The horrific Air India crash in Ahmedabad involving a Boeing 787-8 Dreamliner raises serious questions over passenger safety and aircraft design
  • Finance Minister to review Public sector bank performance on June 27 after RBI rate cut

    to discuss host of issues, including review of financial performance and implementation of various government schemes
  • 11A, the economy class seat of the lone AI171 plane crash survivor

    Air India's AI171 flight crashed after takeoff, killing 241 people. The only survivor, seated in 11A near an emergency exit, may have escaped due to the seat's location. The plane gave a MAYDAY call but soon lost contact
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