Canada Pension Plan Investment Board (CPP Investments) has agreed to sell its 49 per cent interest in Island Star Mall Developers Private Limited (ISMDPL), a strategic investment platform established with The Phoenix Mills. The stake will be sold to Phoenix Mills and affiliates. Net proceeds to CPP Investments from the sale will be approximately ₹5450 … Read more
H Shankar, Managing Director, CPCL, at an interaction with media persons in Chennai | Photo Credit: BIJOY GHOSH Chennai Petroleum Corporation Ltd, a standalone refinery company and part of Indian Oil Corporation, reported a net loss of ₹40 crore during the first quarter ended June 30, 2025 as against a net profit of ₹484 crore … Read more
India is flexible for collaboration of domestic companies with Chinese, especially electronics, a government source said on Friday. Around 60 per cent of electronics manufacturing happens in China, and hence, it is not easy to ignore it, the source added. “Things are easing (between India and China). There are signals. Tourist visas have been opened. … Read more
Bengaluru-based quantum technology solutions company QpiAI will partner with the Andhra Pradesh government, which is building a Quantum Valley at Amaravati. It will set up an advanced 8-qubit quantum computer in the valley. Nagendra Nagaraja, founder of QpiAI, met Andhra Pradesh Chief Minister N Chandrababu to discuss his company’s plans, an official statement said here … Read more
Exporters are hopeful that CETA will help reduce landed cost of Indian products in the UK market, boosting export volume and enhance income of farmers. The Comprehensive Economic and Trade Agreement (CETA) between the UK and India is a win for Indian farmers as 95 per cent of agri items will have zero duty when … Read more
The India-UK FTA is likely to boost the already growing exports of ready-made garment At a time when tariff talks with the US are hanging in the balance, the Free Trade Agreement (FTA), signed on Thursday, with the UK is a boon for India’s textile industry. The UK is a global fashion hub and the … Read more
BSE Limited issued a public warning today against an unregistered entity operating under the name “Mehta is Back” and associated with Ashutosh Mehta, cautioning investors about unauthorised investment and trading recommendations. The exchange stated that the entity, which operates through the website mehtaisback.in and maintains presence across multiple platforms, including Telegram, Instagram, YouTube, Facebook and … Read more
Ramesh Nair, CEO and MD of Mindspace Business Parks REIT Mindspace Business Parks REIT, which develops an office portfolio, has acquired Mack Soft Tech Private Limited, which owns 0.81 million sq ft of ‘Q-City’, for ₹512 crore. This marks its first third-party asset addition. Post-acquisition, the company’s portfolio capacity grows to 37.9 million square feet … Read more
Hyderabad-based Natco Pharma will acquire a 35.75% stake in Adcock Ingram Holdings Limited, South Africa, in a ₹1,970 crore cash deal. Natco Pharma will acquire a 35.75% stake in Adcock Ingram Holdings Limited (AIHL), South Africa, for approximately Rs 1,970 crore in a cash deal. The acquisition amounts to 51,643,319 equity shares, resulting in Hyderabad-based … Read more
Bandi Sanjay Kumar, Union Minister of State for Home Affairs, Telangana The Bharatiya Janata Party (BJP) high command has reportedly set its eyes on the phone tapping case in Telangana. The Congress Government in the State has set up a Special Investigation Team (SIT) to probe into the alleged large-scale phone tapping by the then … Read more