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Avaada plans to raise $1 bn to fund green projects

Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)

What’s brewing at Starbucks? Worker strikes spread across US stores – Here’s why

Starbucks workers’ union, representing more than 10,000 baristas, initiated a five-day strike on Friday, citing unresolved issues related to wages, staffing, and schedules. Initially impacting Starbucks stores in Los Angeles, Chicago, and Seattle, the strike is now expanding to Columbus, Denver, and Pittsburgh. The union, Workers United, plans to escalate the walkouts, potentially involving “hundreds

2025 could set new records in luxury realty

Luxury sells. And, the capital leads in lapping it up. With this month’s landmark deal of a flat in Gurugram’s DLF Camellias for Rs 190 crore, luxury real estate in Delhi-NCR is on a new high. Among the top seven cities in India, Delhi-NCR stood out with a remarkable 64% share of luxury residential launches

Hamdard: True Companion of Those in Pain

By Farooq Wani A commitment to giving back to society with a charitable and compassionate spirit has been at the core of the business model adopted and followed by the Delhi-based Hamdard Laboratories India during its 118 years of existence.  Hamdard originates from two Persian words – “Hum”, meaning “companion”, and “Dard” meaning “pain” –

Accenture’s Q1 earnings signal turnaround for IT firms amid market challenges

Global IT services leader Accenture’s Q1 FY25 results and upgraded revenue guidance have emerged as a confidence booster for the Indian IT sector. Analysts view the performance as a positive signal for an industry navigating muted demand and cautious client spending. Accenture revised its FY25 annual revenue growth projection to 4–7%, up from 3–6%, citing

India raises issue of non-tariff barriers with EU

India has said that the non-tariff barriers are impeding trade with the European Union and has called for addressing the long-pending issues as a confidence building measure. The issue of the barriers Indian exports face in the EU was raised by Commerce and Industry Minister Piyush Goyal in his meeting with European Commissioner for Trade

CPSE net profits up 47 per cent in FY24

After a 15% decline in aggregate net profit in FY23, the Central Public Sector Enterprises (CPSEs) posted a robust 47% annual growth in net profit in FY24, thanks to a surge in profits of petroleum sector firms. The operating CPSEs, totalling 272, reported an aggregate net profit of Rs 3.22 lakh crore in FY24 compared

Devyani International performance in H2 likely to be similar as H1

The performance of Devyani International in the second half of FY25 is expected to mirror the first half due to persistent high food inflation and intense competition in the quick-service restaurant (QSR) segment, analysts say. A report by Motilal Oswal Financial Services (MOFSL) highlighted that the company is focused on optimising costs to improve restaurant
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Manglam Group enters hospitality sector with Rs 1,000 cr investment

Manglam Group, Rajasthan’s leading real estate developer, is making a decisive move into the Rs 82,000-crore Indian hospitality industry with a Rs 1,000-crore investment plan over the next five years. This strategic expansion leverages the group’s expertise in real estate to develop premium hospitality assets, reshaping Rajasthan’s tourism landscape with a focus on luxury and

Steady Monday: Nifty closes above 22,500 led by financial services stocks

The domestic key equity indices settled the session on a positive note. The NSE Nifty 50 rose 112 points or 0.50% to settle at 22,509, while the BSE Sensex jumped 341 points or 0.46% to finish at 74,170. Nifty Pharma was the top gainer among the sectoral indices, rising 1.56% in Monday’s trade. It was

Motilal Oswal has Buy recommendation on these 2 stocks at this hour

The domestic brokerage house Motilal Oswal has a Buy recommendation on these two stocks on March 17. Along with business fundamentals, the brokerage house has also analysed the valuations of the stock shares before deciding on the final recommendation. Here is a quick look at the two stocks in focus- Motilal Oswal on Kirloskar Oil

Infosys Share Price Today Live Updates, 17 Mar, 2025: Infosys on the radar

Go to Live UpdatesInfosys Share Price Today Live Updates, 17 Mar, 2025: The Infosys share is in news and the counter closed trade on 13 Mar, 2025 at Rs 1579.25. The shares touched intraday high of Rs 1606.6 in the last trading session while the intraday low was at Rs 1571.0. The company’s market capitalization

Buying vs Renting: Capital appreciation outpaces rental gains in major markets

The answer to the ‘rent or buy’ question keeps changing as the Indian housing market evolves. Latest ANAROCK data finds that capital values in key micro markets of the top 7 cities have grown by a significant 128% between 2021-end and 2024-end, while rental values in many micro markets have appreciated less than the overall