Factory outlets are retail spaces where companies sell their products directly to the customer, and usually at a steep discount. According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details 

According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details

Special malls for factory outlets! Details inside

TVS Industrial & Logistics Parks on Tuesday announced the listing of its InvIT TVS Infrastructure Trust on the National Stock Exchange, raising over Rs 1,300 crore.
According to the company, TVS Infrastructure Investment Trust issued 2,000 crore units, out of which units worth Rs 1,300 crore were subscribed by marquee global and domestic investors.
The offering comprised a fresh issue of Rs 1,050 crore and an offer-for-sale of Rs 250 crore by an existing unitholder, it said.
The Infrastructure Investment Trust (InvIT) offers a well-diversified tenant base of over 30 clients from various sectors, such as e-commerce, automotive, FMCG, electronics, pharmaceuticals, and manufacturing.
Less than 50 per cent of its rental income comes from its top 10 tenants, ensuring stability and risk diversification, the company said.
The InvIT has been seeded with approximately 11 million sq ft of warehousing and industrial assets valued at around Rs 3,000 crore, drawn from TVS ILP's broader 20 ...

TVS Industrial & Logistics Parks on Tuesday announced the listing of its InvIT TVS Infrastructure Trust on the National Stock Exchange, raising over Rs 1,300 crore.

The Competition Commission of India (CCI) on Tuesday cleared a proposal by private equity firm Kedaara Capital to acquire a stake in SmartShift Logistics Solutions, the parent company of on-demand logistics-turned-unicorn Porter.
Mumbai-based Kedaara Capital is acquiring a stake through its two affiliates Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF in Porter.
"CCI approves the acquisition of a certain stake in SmartShift Logistics Solutions Pvt Ltd jointly by Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF," the competition watchdog said in a post on X.
Porter is primarily engaged in business activities, including the provision of logistics services, packing and moving services.
In May this year, Porter announced that it raised USD 200 million in a Series F funding round co-led by Kedaara Capital and Wellington Management at a valuation of USD 1.2 billion.
Meanwhile, Porter's early investors venture capital firm Peak XV Partners (formerly Sequoia Capital Indi

Mumbai-based Kedaara Capital is acquiring a stake through its two affiliates Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF in Porter

OnePlus Nord 5 series launched. Google AI Mode in Search launched in India. Samsung to release Android 16-based One UI 8. Apple releases iOS 26 dev beta 3. PUBG confirms user-generated content for PC

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India has tested an extended range anti-submarine rocket system that is expected to significantly enhance the Indian Navy's fire power.
The user trials of Extended Range Anti-Submarine Rocket (ERASR) have been successfully carried out from INS Kavaratti, officials said.
Defence Minister Rajnath Singh congratulated the Defence Research Development Organisation, Indian Navy and the industry involved in development and trials of the system.
"He has added that the successfully induction of this system will boost the striking power of the Indian Navy," Singh's office said on 'X'.

The user trials of Extended Range Anti-Submarine Rocket (ERASR) have been successfully carried out from INS Kavaratti, officials said

X Corp argues before the Karnataka High Court that arbitrary content blocking under Section 79 of the IT Act by government officers violates constitutional safeguards

The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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Special malls for factory outlets! Details inside

Factory outlets are retail spaces where companies sell their products directly to the customer, and usually at a steep discount. According to a report, at least six factory outlet malls are being planned in India. Watch the video for more details

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