One out of five shopping centres vacant over 40 pc across 32 cities: Knight Frank
Knight Frank India reports that 74 of 365 shopping centres across 32 cities are ghost malls with over 40 percent…
Category: Business
Airpay receives RBI approval to operate as cross-border payment aggregator
Airpay Payment Services has received RBI approval to operate as a cross border payment aggregator, completing its unified PA framework…
CBI books Reliance Commercial Finance, promoters in Rs 57.47 crore bank fraud case
The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs…
Stock markets rebound in early trade after two days of slump
Sensex and Nifty rebounded after two days of declines, rising on value-buying. Several major stocks gained while some lagged. Asian…
Meesho’s shares surged over 46 pc in market debut trade
Meesho shares debuted with over 46% premium on NSE and BSE after its Rs 5,421-crore IPO saw strong 79-times subscription.…
Amazon to invest over $35 bn in India by 2030
Amazon will invest more than $35 billion in India by 2030 across AI-led digitisation, exports, infrastructure and job creation. Announced…
India’s new flight duty norms appear more restrictive compared to other jurisdictions: IATA DG
IATA chief Willie Walsh says India’s new pilot duty rules are far more restrictive than global norms but should stabilise…
Thrilled about data centre capacity coming up in India, discussed investments with PM Modi: Nadella
Satya Nadella announced Microsoft’s US$ 17.5-billion India investment to expand AI and data-centre infrastructure, including a new Hyderabad cloud region…
China’s Tencent quits Paramount’s bid for Warner Bros to avert national security questions
Tencent has withdrawn its $1-billion financing commitment from Paramount Skydance’s $77.9-billion hostile bid for Warner Bros. Discovery, amid concerns over…
DGCA summons IndiGo CEO Pieter Elbers over major flight disruptions
The DGCA has summoned IndiGo CEO Pieter Elbers to submit a detailed report on the airline’s widespread operational disruptions, including…