Business

TEC Plans to Expand in India & Middle East

Hong Kong-based flexible workspace provider, The Executive Centre (TEC), is strategically focusing on its fastest-growing markets, India and the Middle East, with plans to add approximately 500,000 sq ft. Despite global economic uncertainties, these regions have displayed resilience and robustness,...

Tata Auto Comp Sells Pune Land Parcel for ₹134 cr

Tata AutoComp Systems, a prominent player in the automotive industry, has successfully sold a substantial land parcel spanning over 13.26 acres in Pune's Maan area. The transaction, valued at ₹134 crore, involved the sale of both land and a 1,00,000...

Bharat Biotech, University of Sydney Sign MoU for Vaccine Research

In a significant step towards advancing vaccine research initiatives and strengthening global efforts to combat infectious diseases, Bharat Biotech International, a leading vaccine manufacturer and the University of Sydney Infectious Diseases Institute (SydneyID) have signed a Memorandum of Understanding (MoU)....

SEBI Plans To Introduce Same Day Trade Settlement By March 2024

  The Securities and Exchange Board of India (SEBI) has unveiled an ambitious plan to revolutionize the settlement process in the country's financial markets. In a recent announcement, SEBI Chief Madhabi Puri revealed that the regulatory body is actively working...

IndiGo Unveils AI-Powered Chat Assistant 6Eskai After Air India

IndiGo, India's largest airline, announced on Monday the launch of its Artificial Intelligence (AI)-powered chat assistant named 6Eskai. This innovative tool is designed to cater to customer inquiries in a diverse range of languages, marking a significant step forward in...

HDFC Securities Launches Mobile Trading App HDFC SKY on AWS Cloud

In significant move to enhance its technological capabilities, HDFC Securities, a leading investment service provider in India, has successfully launched its mobile trading app, HDFC SKY, on Amazon Web Services (AWS) cloud. The partnership with AWS is anticipated to yield...

Sebi reduces minimum issue size for social stock exchange to Rs 50 lakh

The Securities and Exchange Board of India (SEBI) has granted approval for Not for Profit Organisations (NPOs) to enhance their fundraising capabilities through the social stock exchange. In a significant move, the regulator is introducing flexibility measures to facilitate this...

IEA Forecasts 75% Oil And Gas Cut By 2050 To Meet 1.5°C Target

  The International Energy Agency (IEA) recently released a report, highlighting the critical need for a substantial decline in global demand for oil and gas to limit global warming to 1.5 degrees Celsius by 2050. 1. The Current Landscape: Peak...

Warren Buffett’s Exit from Paytm: A Rs 507 Crore Loss

Warren Buffett-led Berkshire Hathaway has made headlines by completely divesting its 2.46% stake in One 97 Communications, the parent company of Paytm. The move resulted in a significant loss of about Rs 507 crore for the legendary investor. Transaction Details:...

ADB’s $170 Million Boost Transforms Kochi’s Water Landscape

The Asian Development Bank (ADB) has approved a substantial $170 million loan to catalyze the modernization of water supply services in Kochi, a rapidly growing city in the southern Indian state of Kerala. This transformative initiative aims to enhance urban...