Page 247 - Latest News

NDR InvIT raises ₹410 crore via bonds to expand warehousing portfolio

NDR InvIT Trust on Wednesday announced raising Rs 410 crore through the issuance of bonds primarily for the acquisition of logistics and warehousing portfolio across key markets in the country.

MUFG's $4.4 billion investment in Shriram Finance wins CCI approval

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

Meta is laying off hundreds of employees across multiple teams: Report

Meta had nearly 79,000 employees as of December 31, according to its annual filing

OpenAI taps JioStar CEO Kiran Mani to lead Asia Pacific operations

Former JioStar executive to drive regional growth as OpenAI expands global footprint and deepens presence across key Asia-Pacific markets

BBC names former Google executive Matt Brittin as new director-general

Brittin, 57, spent almost two decades at Google, becoming the company's president in Europe, the Middle East, and Africa. He does not have a background in broadcasting

Network18 appoints Raj Jain as independent director for five years

Former Times Group CEO joins Network18 board as additional independent director, bringing multi-platform media leadership experience

55% of GCC work in India at risk from AI-driven disruption: Zinnov

Report flags growing AI-driven disruption in global capability centres, urging shift towards innovation, advanced skills and high-value work to sustain relevance

India's microdrama market may reach $4.5 billion by 2030: Report

India's microdrama segment is set for rapid growth, with user adoption rising sharply, though OTT platforms continue to lead in monetisation and paying subscriber base

Daimler Truck Innovation Centre appoints Radhakrishnan Kodakkal as CEO

Former Whirlpool executive to lead engineering and digital capabilities at Daimler Truck Innovation Center India, succeeding Raghavendra Vaidya

Irdai asks insurance companies to keep branches open on March 31

Regulator directs insurers to maintain normal working hours on financial year-end to avoid inconvenience to policyholders

Parliamentary Panel seeks relief for shippers hit by West Asia disruption

Parliamentary panel recommends insurance support, working capital relief and a long-term maritime resilience framework amid rising costs and supply disruptions

Sula Vineyards acquires Chandon's wine facility, estate in Nashik

Chandon's wine production facility spreads across 19 acres, comprising a highly advanced facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres

West Asia crisis: 426,000 passengers have returned to India, says MEA

The MEA said it continues to closely monitor the evolving situation in the Gulf and the West Asia region

LPG supply to be cut if consumers refuse PNG switch, says govt order

Government mandates shift to piped natural gas in connected areas, linking LPG supply to PNG adoption amid supply concerns and push for cleaner fuels

Parliamentary panel flags low fund use by tourism ministry, seeks reforms

Parliamentary panel highlights sharp underutilisation, recommends quarterly spending targets and a dedicated promotion board to boost tourism marketing

RBI cancels Treasury bill auction amid high bids to boost liquidity

Central bank rejects all bids at weekly auction, aiming to avoid signalling higher yields and support liquidity ahead of financial year-end

Form high-level committee to review systemic failures: Parl panel to MoCA

Parliamentary panel flags systemic failures, rising defects and staff shortages, urges Civil Aviation Ministry to conduct root-cause review within 90 days

Iran rejects Trump's 15-point ceasefire plan, presents its own 5 demands

Tehran termed the US proposal excessive, and said it would continue operations; it also outlined five conditions including security guarantees and control over the Strait of Hormuz

RBI rejects all treasury bill bids as investors seek higher returns

The central bank did not accept any investor bids for 91-day, 182-day and 364-day T-bills. The RBI announced the auction of short-term government securities on February 21

IBC helped recover over ₹4 trillion in last decade: Anurag Thakur

Participating in the debate on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, Thakur said IBC is not a recovery mechanism but a revival and resurrection of the company