BUSINESS

Blackstone acquires Kolkata’s iconic South City Mall for ₹3,250 crore, marking city’s largest real estate deal

South City Projects, the holding company behind South City Mall, on Tuesday announced the successful completion of the acquisition

THE HINDU BUSINESS LINE
5 hours ago
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BUSINESS

Rupee slips on oil spike, falls 30 paise to 86.34 against US dollar, traders cite geopolitical crisis & weak equities

The Indian rupee weakened to 86.34 against the US dollar due to rising crude oil prices and geopolitical tensions in the Middle East. A stronger dollar and subdued domestic equities further pressured the rupee. Despite bearish cues, for ...more

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BUSINESS

CCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics

The Competition Commission of India (CCI) has approved Delhivery's acquisition of a 99.4% stake in Ecom Express for up to Rs 1,407 crore. This deal, announced in April, signifies a major consolidation within India's logistics sector. De ...more

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STOCKS

Vedanta to sell 1.6% stake in Hindustan Zinc for $350 million

 Meanwhile, Hindustan Zinc’s board has approved a ₹12,000 crore investment to expand its integrated refined metal capacity by 250 ktpa.

THE HINDU BUSINESS LINE
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BUSINESS

India’s thirst for oil will rise more than any other country through 2030: IEA

India's oil demand is projected to surge by a million barrels per day over the next five years, becoming the primary driver of global demand growth, fueled by a rapidly expanding middle class, urbanization, and industrialization. This i ...more

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ECONOMY

Scindia meets SpaceX’s Shotwell, discusses collaboration opportunities 

Shotwell says grant of licence to Starlink marks great start to the journey

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BUSINESS

L&T bets big on infrastructure boom in India, Middle East

L&T is advancing in clean energy, especially green hydrogen and Small Modular Reactors, and has secured land in Gujarat for manufacturing green hydrogen and ammonia units

THE HINDU BUSINESS LINE
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BUSINESS

Infra push on track: Railways opens largest auto cargo terminal at Manesar, Vaishnaw announces new MEMU and Amrit Bharat rollouts

Railways Minister Ashwini Vaishnaw inaugurated India's largest Gati Shakti Multi-Modal Cargo Terminal at Maruti Suzuki's Manesar plant, enhancing logistics efficiency. Indian Railways is expanding capacity by adding general coaches, upg ...more

TIMES OF INDIA
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