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What led to drop in Ambani, Adani’s net worth slipping below $100 billion – A look at how 2024 panned out for two of...

Mukesh Ambani, Gautam Adani exit $100 billion club: With various business challenges looming over two of the biggest conglomerates in India – Adani Group and Reliance Industries, the country’s wealthiest billionaires and among Asia’s richest people, Reliance CMD Mukesh Ambani and Adani Group Chairman Gautam Adani, have both dropped out of the Bloomberg’s $100 billion

India to end 2024 with record office space leasing activity: Report

India’s office leasing market is expected to achieve a milestone in 2024, with gross leasing volumes (GLV) projected to reach 83–85 million sq ft, marking a 13% year-on-year increase over the previous peak in 2023, a report said on Monday. The growth is primarily attributed to strong demand from sectors such as IT-BPM (information Technology

Big plans for India! Lubrizol- a Berkshire Hathaway firm to double business in 5 years, hire 250 more

Lubrizol Corporation, a Berkshire Hathaway company and a specialty chemical firm has big plans for India. Close on the heels of its $350 million investment in the country, the company specialising in delivering sustainable solutions aims to double its business in India over the next five years and actively expanding its global capability center in

HC dismisses plea against power contract to Adani; imposes Rs 50,000 cost on petitioner

The Bombay High Court on Monday dismissed a petition challenging a contract awarded by the Maharashtra government to Adani Group for supply of renewable and thermal power electricity, noting the plea was “unsubstantiated and reckless”. A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar also imposed a cost of Rs 50,000

Sterlite Power raises Rs 725 crore from GEF Capital, ENAM Holdings

Sterlite Power on Monday said it has raised Rs 725 crore in a primary fundraising round from GEF Capital Partners and ENAM Holdings. As part of Sterlite Power’s demerger exercise, the Global Products and Solutions (GPS) business was hived out as an independent company in October 2024, a company statement said. Also ReadGoogle appoints Preeti

Google appoints Preeti Lobana as new Country Manager and Vice President for India

Google has appointed Preeti Lobana as the new Country Manager and Vice President for India. Lobana takes over from Sanjay Gupta, who has been promoted to President of the Asia Pacific region at Google. This move is part of Google’s strategy to further enhance its presence in India’s rapidly growing digital economy and leverage the

Waaree Energies receives two projects aggregating 398 MW to supply solar modules

Waaree Energies on Monday announced that the company has received two projects aggregating 398 MW, for the supply of solar modules. The orders are for projects of 249 MW and 149 MW respectively.  In a regulatory filing, Waaree Energies said, “The company has today received orders for 2 projects aggregating 398 MW, for the supply

“Cook time 2 min, delivery time 8 min”, Bombay Shaving Company’s Shantanu Deshpande raises alarm over quick food delivery market

Founder and Chief Executive Officer (CEO) of Bombay Shaving Company, Shantanu Deshpande has raised concerns over growing addiction of quick food delivery in India and called it a health epidemic in making.  In a LinkedIn post, Shantanu Deshpande said, “We are suffering from the biggest epidemic of poor nutrition and unhealthy processed and ultra processed
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How Women Can Build Wealth Through Real Estate: Key investment tips

Owning a home is one of the most significant steps toward financial security, both for individuals and families. While men have traditionally taken the lead in property purchases in India, the trend is gradually changing, with more women actively investing in real estate. Recognizing this shift, both state governments and financial institutions have introduced various

Ghaziabad Namo Bharat Station to get tech-enabled co-working spaces

The National Capital Region Transport Corporation (NCRTC) is set to launch a co-working space, named MetroDesk, at the Ghaziabad Namo Bharat Station soon. This innovative initiative aims to turn urban transit areas into dynamic business hubs, introducing a pioneering coworking model within the Namo Bharat network. MetroDesk is tailored for professionals, entrepreneurs, and small businesses

8th Pay Commission: Central employees’ commuted pension to be restored after 12 years?

8th Pay Commission News: The long-standing demand for the restoration of commuted pensions is again in discussion. Currently, this pension is restored after 15 years, but employee organisations want the government to cut this commutation period to 12 years. Now, after the announcement of the 8th Pay Commission, employees are hopeful that the government may

Safeguarding Property Ownership: The best agreement for landlords

Typically, there are two primary objectives for investing in a piece of property. The first is purchasing the property for personal use, and the second is buying it now with the intention of selling it later for a profit when the need for funds arises. Additionally, until the property is sold, it can generate a

Amazon responds after BIS raids uncover uncertified products at warehouses

Following raids conducted by the Bureau of Indian Standards (BIS) at warehouses of major e-commerce players, including Amazon and Flipkart, Amazon has issued a statement reaffirming its commitment to product compliance and customer safety. The raids, carried out under the supervision of the consumer affairs ministry, led to the seizure of thousands of uncertified consumer