Shalini Bhupal buys IHCL's Taj GVK stake for Rs 592 crore
GVK Group chairman's daughter Shalini Bhupal becomes Taj GVK's largest shareholder in a Rs 592 crore deal, marking IHCL's exit. Discover the strategic shift and expansion plans.
Category : Business
DTC to Lease Bus Depot Land for Warehousing to Boost Revenue
Delhi Transport Corporation plans to lease underused land at five bus depots to warehousing and logistics companies to generate recurring income and address its financial crisis.
NHAI Approves Vizhinjam Port's NH 66 Link Road
NHAI greenlights a temporary road connecting NH 66 to Vizhinjam International Seaport, enabling cargo movement by Jan 2026. A safety report is due next week.
Canada's TSX Soars to Record High on Stimulus Hopes
Canada's TSX index surged 1% to a record high of 31,755.77, driven by tech and materials stocks. Investors bet on rate cuts and government stimulus to boost earnings. Read more.
Mumbai: 80+ Local Trains Cancelled Daily for 30 Days
Western Railway cancels 80 suburban services daily & regulates long-distance trains for 30 days from Dec 30 to Jan 18 for crucial 6th line extension work up to Borivli. Details inside.
Altice USA Lenders Hire Law Firm to Fight 'Cartel' Suit
Lenders to Altice USA hire Sullivan & Cromwell to battle a lawsuit alleging an illegal cartel to freeze the firm out of US credit markets. A landmark case for corporate debt.
Mumbai: Low water pressure for 87 hours from Dec 22-26
BMC announces 87-hour low-pressure water supply in parts of Mumbai due to Metro 7A pipeline work. Check affected areas in Dharavi, BKC & timings. Store water & boil before drinking.
Hyderabad Gets 100+ Modern Pole-Mounted Power Transformers
TSSPDCL modernises Hyderabad's power grid with over 100 advanced pole-mounted transformers, enhancing safety, saving space, and easing maintenance. Read about the new initiative.
Flipkart Buys Majority Stake in AI Startup Minivet
Flipkart acquires a majority stake in AI/ML solutions provider Minivet AI to build core Generative AI capabilities. This strategic move aims to transform e-commerce with visual and conversational discovery. Read more.
Nagpur Tank Collapse Kills 6 Workers at Avaada Plant
A water tank collapse at Avaada Group's Butibori unit kills six, injures nine. Migrant workers affected; police await DISH report. Read the full investigation details.
Flipkart Buys Majority Stake in Minivet AI for GenAI Push
Flipkart acquires a majority stake in Minivet AI to enhance its generative AI capabilities for creating dynamic video content from product catalogues. Discover the impact on Indian e-commerce.
Global Markets Up: Tech Leads, BOJ Raises Rates, Yen Falls
Global equities advanced led by Wall Street tech rally. Bank of Japan hikes interest rates to a three-decade high, yen weakens. Oil prices rise on Venezuela supply fears. Key market updates for Indian investors.
Korean Proxy Fight Hits US Zinc Deal, Critical Minerals Plan at Risk
A $7.4bn US-Korea Zinc smelter deal faces a shareholder revolt, testing Trump's critical minerals agenda and US-South Korea ties. Will the plan for domestic supply succeed? Read more.
Kochi Metro Extends NYE Services, Adds More Boats
Kochi Metro and Water Metro plan increased frequency and extended hours for Christmas-New Year week to handle festive rush, following last year's record ridership of 32.35 lakh. Details inside.
CREDAI Vizag Property Expo 2024 Kicks Off Grandly
The 11th CREDAI Visakhapatnam property expo began with 71 stalls. MSME Minister inaugurated, highlighting sector growth and job creation. Explore homes, loans, and awards.
Chennai's 3rd EV bus depot opens in Poonamallee
Chennai launches its third electric bus depot at Poonamallee, adding 125 new low-floor e-buses to MTC's fleet. The move, part of a World Bank-backed initiative, aims to cut pollution and boost public transport. Read more.
Jai Anmol Ambani Summoned Again by ED in Yes Bank Case
Enforcement Directorate questions Jai Anmol Ambani for over 7 hours, summons him again. Probe focuses on Rs 13,000 crore Yes Bank exposure to Reliance ADAG. Read the latest developments.
V.G. Siddhartha: The Man Who Built Café Coffee Day
Explore the inspiring yet tragic story of V.G. Siddhartha, founder of Café Coffee Day, and the immense business empire he left behind. Discover the full journey.
Fog Disrupts North India Rail Services, Major Delays
Thick fog across North India caused massive rail delays, stranding thousands. Vande Bharat among services hit. Officials cite safety protocols. Check train status before travel.
UP Delegates Land Use Change Powers to Housing Boards
Uttar Pradesh government delegates land use change powers to housing boards to accelerate urbanisation and township projects across 20 key cities under the CM's policy.
Punjab's Unified Building Rules Launch in Ludhiana
Ludhiana adopts Punjab's unified building rules, enabling self-certification for structures up to 21m via eNaksha. Deemed approval in 10 days slashes red tape. Architects face strict accountability.
JSW Energy Buys GE's Durgapur Thermal Boiler Facility
JSW Energy acquires GE's supercritical boiler plant in Durgapur, plans to ramp up employment and invest Rs 40,000 crore in power projects. Read the full strategic move details.
UP's First Semiconductor Unit by HCL-Foxconn in Jan 2026
HCL and Foxconn's joint venture in Jewar will build India's crucial OSAT unit for display driver chips, cutting imports. Groundbreaking set for January 2026. Read more.
Punjab's New Building Rules Trigger Ludhiana Infrastructure Debate
Punjab's new building rules offer density concessions in Ludhiana but face backlash over strain on aging roads, water, and sewage systems. Activists plan legal challenge.
Silver Soars to Record High, Gold Posts Weekly Gain
Silver prices surged to a record high of $67.45 per ounce, driven by investment demand and supply tightness. Gold also rose, buoyed by expectations of US Fed rate cuts. Get the full market analysis.
SBI Manager Held for Diverting ₹2.78 Cr to Crypto
Chhattisgarh ACB arrests SBI chief manager for allegedly siphoning ₹2.78 crore from bank's internal account into cryptocurrency and commodity trading. Read the full investigation details.
MPCB inspects Baner site post NGT order on pollution control
MPCB officials visited a Baner construction site to evaluate dust & noise control measures as per NGT's Dec 8 directive. Monitoring stations installed for 24-hour assessment.
LDA Anantnagar Scheme: 637 Plots Registration from Dec 20
Lucknow Development Authority opens online registration for 637 residential plots in Anantnagar housing scheme from December 20 to January 12. Apply now for a chance to own a plot via lottery.
Bhopal Metro Inaugurated, Public Services Start Dec 21
Bhopal Metro's priority corridor launches, easing traffic & pollution. PM Modi's message read at inauguration. Services begin Dec 21. Details inside.
NGT Stays Order Against Gaursons in Garbage Centre Case
The NGT has temporarily halted its directive to attach Gaursons' HQ and initiate criminal proceedings against its MD. The case, concerning a garbage collection centre in Gaur City 2, will be heard next on Jan 12.
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