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Adani Ports to invest ₹10,000 crore to build new gateway into Maharashtra Representative photo: Under the Corporate Insolvency Resolution Plan (‘CIRP’), APSEZ completed the acquisition of DPL for ₹705 crores (Ashesh Shah/Mint)Premium The company will strengthen and repair existing infrastructure and invest in development of facilities for dry, container, and liquid cargo, said Adani Ports in a statement APSEZ will be investing ₹10,000 crores to develop Dighi Port Limited (DPL) int...

Ascendas India Trust to buy Hyderabad office building for ₹506 crore The International Tech Park Bangalore in Bengaluru’s Whitefield area is one of the IT parks set up by Ascendas-Singbridge. 1 min read Share Via Read Full Story BENGALURU: Singapore’s Ascendas India Trust (a-iTrust) on Tuesday said it has entered into a definitive agreement to acquire aVance 6, an IT special economic zone (SEZ) building in Hyderabad’s HITEC City. a-iTrust is buying the commercial office asset of 639,49...

Vi is ready for 5G rollout, says CEO Takkar Ravinder Takkar, MD and chief executive officer, Vodafone Idea, said the telco will soon conclude fundraising talks 1 min read The spectrum bands 3,300MHz to 3,600MHz earmarked for 5G are expensive, Ravinder Takkar told analysts He said telco will participate in the upcoming spectrum auction and has deposited earnest money to the department of telecommunications Share Via Read Full Story Vodafone Idea Ltd (Vi) on Monday said it is prepared for the rol...

Microsoft said in Nov that hackers from North Korea, as well as Russia, had targeted seven prominent companies working on the Covid-19 vaccine and treatment research

Universal Music IPO has one off-beat note Premium There still isn’t much information about Universal’s valuation other than it will be at least €30 billion (AFP) Carol Ryan , The Wall Street Journal Record label will be spun out of Vivendi by end of year—positive news for investors, with possible exception of Amsterdam listing Share Via Read Full Story The world’s largest music company is finally going solo, although not in the usual venue. On Saturday, Universal Music Group’s Fre...

Investors in mortgage companies are starting to anticipate a turn in the cycle, but it may be premature to call an end to the boom

Three stocks that may benefit from India’s electric vehicle push Automobile companies with more customer reach and market share are believed to benefit in future on the launch of electric vehicles segment. (Bloomberg)Premium Gaurav Garg, CapitalVia Global Research Limited Automobile companies with more customer reach and market share are believed to benefit in future on the launch of electric vehicles segment Share Via Read Full Story Electric vehicles market in India is steadily going to t...

Amazon to make Fire TV Stick devices in India in a mega boost to Atmanirbhar Bharat Amazon to manufacture Fire TV Stick in India from this yearPremium 2 min read Amazon will start making the devices via a subsidiary of its manufacturing partner Foxconn Technology Group Share Via Read Full Story In a mega boost to Modi governments Make in India initiative for an Atmanirbhar Bharat, Amazon will start manufacturing television streaming devices in India later this. "Delighted to share that soon Ama...

Tata group to take $1.3 billion stake in BigBasket: Report Premium Tatas stake will translate into an enterpise value of ₹13,500 crore for BigBasket, the report said (Photo: Mint) Anuron Kumar Mitra , Reuters Indian conglomerate Tata group will buy a 68% stake in Alibaba-backed online grocery startup BigBasket for about ₹9,500 crore ($1.31 billion), the report said Share Via Read Full Story Indias Tata group will buy a 68% stake in online grocery startup BigBasket for about ₹9500 cro...

Indias dramatic fall in coronavirus cases leaves experts stumped Premium A health worker takes a swab sample of a commuter to test for COVID-19 at a train station in Mumbai. (AP) . Updated: 16 Feb 2021, 11:44 AM IST AP Infections began to plummet in September, and now the country is reporting about 11,000 new cases a day Experts have suggested many possible explanations for the sudden drop including that some areas of the country may have reached herd immunity Share Via Read Full Story NEW D...