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Home  Business

Business

GMR Group gets Rs 6,300 cr investment from Abu Dhabi Investment Authority

GMR Group gets Rs 6,300 cr investment from Abu Dhabi Investment Authority

  • Vedanta’s Anil Agarwal turns art lover, acquires London’s iconic Riverside Studio

    The 100-year-old studio will now operate under the name 'Anil Agarwal Riverside Studio Trust'
  • Ghaziabad Police cracks down on unauthorised hotels using ‘OYO’ brand

    As part of the operation, police visited the identified properties and issued warnings to their management, emphasising the legal consequences of using fake OYO branding, says travel tech company
  • SEBI sends notice to Ola Electric for violating disclosure norms

    The reason cited is that Ola Electric announced its e-scooter expansion plans first on social media instead of announcing it on the stock exchanges
  • Republican lawmaker challenges Biden govt’s decision to investigate Gautam Adani

    What will the US do if India refuses to comply with an extradition request, asks Lance Gooden
  • BP Plc wins bid to operate ONGC’s Mumbai High fields

    Tender seeking foreign partners to reverse declining output at Mumbai High fields had attracted two bidders—Royal Dutch Shell backs out
  • Rupee hits record low of 85.83, falls 9 paise in early trade

    Higher crude oil prices, lower economic growth projection continue to play spoilsports on Wednesday
  • OnePlus 13 launched in India: Here’s all the details

    The products will be available from January 10
  • Tata Motors to bring back iconic ‘Sumo’ in 2025?

    Car enthusiasts, even today, are eager to get their hands on one of these machines—better still if they can park one in their garages.
  • BMW India on top gear: Clocks best-ever sales at 15,721 units in 2024

    The company crosses 3,000 EV deliveries till date, becoming the first luxury car manufacturer in the country to reach the milestone
  • Infrastructure biggie L&T wins large orders in India, abroad

    Secures order to implement an advanced distribution management system in West Bengal and a key substation in Saudi Arabia
  • India’s GDP growth rate on a downward slope, to slip to four-year low of 6.4% in 2024-25

    The first advance estimates of National Income for 2024-25 released by the National Statistics Office is lower than the 6.6 per cent projected by the RBI in December 2024
  • MobiKwik posts Rs 3.6 crore loss in Q2 on higher investment

    This is the first quarterly announcement after One MobiKwik Systems Ltd got listed on the bourses in December, 2024
  • Microsoft to invest $3 billion in AI and cloud infrastructure in India

    Investment aims to accelerate AI innovation in the country, which is pivotal for achieving Prime Minister Narendra Modi's vision of becoming a developed nation (Viksit Bharat) by 2047
  • Akasa Air appoints new Chief Operating Officer

    Belson will be responsible for in-flight services, airport services, maintenance and engineering, flight operations, IOCC, and spearheading Akasa Air Learning Academy
  • NVIDIA unveils next-gen graphics cards for gamers, developers

    GeForce RTX 50 Series — RTX 5090, RTX 5080 — delivers breakthroughs in AI-driven rendering, including neural shaders, digital human technologies, geometry and lighting
  • Duty cut on smartphone parts to trigger job loss: GTRI

    India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching USD 49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds
  • Zomato dips 5% as Jefferies downgrades firm to ‘hold’

    The global brokerage firm revised the target lower, citing increasing competition as a threat to the online food aggregator’s profitability
  • RBI buys another 8 tonnes of gold in November 2024

    The strategy of holding gold is primarily aimed at hedging against inflation and reducing foreign currency risks, especially in times of uncertainty triggered by geopolitical tensions
  • Sensex, Nifty rebounds in early trade after sharp decline in previous session

    The 30-share BSE benchmark Sensex jumped 422.62 points to 78,387.61 in early trade and NSE Nifty climbed 160.2 points to 23,776.25.
  • Rupee depreciates 7 paise to 85.75 against US dollar in early trade

    The Indian currency, however, capped the fall on the back of some recovery in domestic equity markets and receding crude oil prices overseas
  • Capital Infra Trust garners Rs 703 crore from anchor investors

    The anchor round sees participation from a host of investors such as domestic mutual funds and insurance companies
  • OpenAI CEO Sam Altman says first AI agents may ‘join the workforce’ in 2025, to develop superintelligence

    Says there is still so much to understand, still so much we don’t know, and it’s still so early
  • PM Modi meets Nadella, hails Microsoft’s investment plans in India

    Investment will see Microsoft provide 2 million people with AI skilling opportunities by 2025 through its Advanta(I)ge India initiative
  • Centre mulls over mandatory silver hallmarking after consumer demand

    Pralhad Joshi asks BIS to evaluate the feasibility of mandatory silver hallmarking, following successful gold hallmarking implementation
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