NEWS
Blackstone to acquire up to 40% stake in Kolte Patil Developers
17 Mar 2025
US investment firm Blackstone is acquiring a 14.3 per cent stake in Kolte Patil Developers by way of a preferential allotment of shares
SoftBank, OpenAI team up to build AI data centre in Japan: report
16 Mar 2025
Japanese technology investment and management multinational, SoftBank Group Corp, is planning a big splash into the business of artificial intelligence with billions of dollars in data centre investments
NCB seizes Rs88-cr worth of methamphetamine tablets in North East operations
16 Mar 2025
The Narcotics Control Bureau (NCB) has seized a huge consignment of methamphetamine tablets worth Rs88 crore and arrested four members of an international drug cartel
ABB to invest $120 million to expand US manufacturing
15 Mar 2025
ABB is planning additional investments in key growth areas, including manufacturing and data centres, in the United States, helping to create new jobs.
India's industrial production records 5% growth in January 2025
13 Mar 2025
Industrial production in India, based on the Index of Industrial Production (IIP) stood higher at 5.0 per cent in January 2025 against 3.2 per cent in December 2024
Reliance Jio ties up with SpaceX to offer Starlink’s satellite broadband services in India
13 Mar 2025
Jio Platforms Limited (JPL), the technology platform of Reliance Industries Ltd, on Wednesday announced an agreement with Elon Musk’s SpaceX
India’s consumer price inflation at a 7-month low of 3.61% in February
12 Mar 2025
Consumer price inflation rate based on all-India Consumer Price Index (CPI) for February 2025 stood at a 7-month low of 3.61 per cent
Sweden’s top EV battery maker Northvolt files for bankruptcy
12 Mar 2025
Swedish battery maker Northvolt AV has filed for bankruptcy, done down by rising capital costs, geopolitical instability, supply chain disruptions, and shifts in market demand, marking one of the largest corporate
India’s telephone subscriber base estimated at 1,189.92 million at end-December 2024
12 Mar 2025
The number of telephone subscribers in India increased from 1,187.15 million at the end of November 2024 to 1,189.92 million at the end of December 2024
Sun Pharma to acquire oncology therapy company Checkpoint in US
11 Mar 2025
Sun Pharmaceutical Industries Ltd has entered into an agreement to acquire US-based immunotherapy and targeted oncology company, Checkpoint Therapeutics Inc
ECB cuts rates by 25 bps, leaves little space for further cuts
10 Mar 2025
The European Central Bank (ECB) on Thursday announced a 25 basis point reduction in key policy interest rates, on the basis of inflation outlook in the Euro zone
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India’s 2024-25 foodgrain production estimated at 330.9 million tonnes
10 Mar 2025
Total foodgrain production in India is expected to reach 330.9 million tonnes in the crop year 2024-25, which included Kharif production of 166.39 million tonnes and Rabi production of 164.53 million tonnes
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