Page 14 - Gulveen Aulakh

Amber may offload ILJIN stake, to invest ₹4,200 crore in PCB plants

Electronics maker Amber Enterprises is planning a ₹4,200 crore investment under ECMS, while exploring pre-IPO or private equity options for ILJIN Electronics

Sunil Mittal to offload 0.8% stake in Bharti Airtel, eyes ₹9,300 crore

Proceeds likely to be channelled towards purchase of stake in Haier India

Jio eyes 6G lead, to expand AI via JioBrain for internal, industry use

With 191 million 5G users, Jio is expanding AI through JioBrain, investing in 6G, fibre and satellite platforms, and driving global tech leadership with local R&D

Airtel in talks with govt on AGR dues-to-equity conversion: Gopal Vittal

Bharti Airtel MD Gopal Vittal says telco in talks with govt on converting Rs 40,000 crore AGR dues into equity, seeks parity with peers, and will abide by final decision

India to become fourth-largest office-space market globally: Knight Frank

This area is set to double to 2 billion sq ft during 2036-2041. The market offers a unique cost advantage, with average rents declining to $0.96/sq ft a month in 2025

Bharti Airtel launches sovereign cloud platform to power Indian telcos

The telecom major will now compete with US players like Microsoft, Amazon Web Services, and Google

Boult becomes GoBoult, aiming for ₹1K cr sales and international expansion

Boult rebrands as GoBoult with an aim to target premium categories in wearables and hearables. The company plans international expansion and an IPO, despite production challenges

Nxtra Data plans ₹6,000 crore war chest to chase data centre growth

Nxtra Data, Bharti Airtel's data centre arm, plans to invest ₹4,500-6,000 crore over the next 3-4 years to become a leader in India's data centre market, targeting a major capacity expansion

Global conflicts, US tariffs may affect revenue: Tata Communications CEO

Says spending slowdown may hit plan to have $1 bn revenue from US

Tourism boom, rising spend give wings to travel companies' IPO plans

Last week, airport quick service restaurant player Travel Food Services listed on BSE to raise Rs 2,000 crore

DoT may stick to Trai's satellite spectrum pricing recommendations

The department issued a letter of intent to Starlink on May 7, days before the pricing recommendations were announced, but trial spectrum for testing services has not yet been allocated

Singapore-based CapitaLand Group eyes podium finish in data centre race

Earmarks nearly $1 billion to build three new data centres in India over the next three to four years

Indian real estate set to gain as investment shifts amid UAE visa changes

Capital from entry-level UAE realty market may be redirected to Tier 1 & 2 Indian cities

For Cleartrip, it's more chat, less bots as customer care workforce expands

Cleartrip veers towards higher people engagement in periods following AI crash, West Asia crisis

IPOs mark a new era for India's hospitality industry with scale, ambition

In the past two months, international chains have announced aggressive expansion plans for India. Most plan to open 100-300 hotels in the next five years, said analysts at Elara Capital

Indian hospitality industry protected from AI but needs massive manpower

Hotel chains have partnered with reputed hospitality institutes, participate in campus placement drives but to bridge the talent gap

Affordable housing launches to remain muted despite rate cuts, tax benefits

While demand for sub ₹50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors

Hotel sector grows on surging room rates, shows HVS Anarock data

In May 2025, the country's average rates showed resilience, holding firm despite the seasonal slowdown and the height­ened tensions with Pakistan

MiPhi launches India's first locally designed, manufactured enterprise SSDs

The Micromax-Phison JV debuts enterprise-grade SSDs made entirely in India, aiming to power data centres, AI infrastructure, and cloud computing with homegrown tech

Ascendas Firstspace looking to enter qcom logistics warehousing mkt

Warehouses or dark stores larger than 3,000 sq ft would lead to longer time durations for quick commerce deliveries, affecting the business cases for players like Blinkit, Zepto, Instamart and others