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RSVM Hospitality buys 18.6-acre land parcel in Thane for Rs 498 crore
RSVM Hospitality has secured a significant land deal in Thane. The company acquired over 18.6 acres for more than Rs 498 crore from Neterwala Group entities. This large transaction occurred in Majiwada, Thane district. Such acquisitions are fueling future residential and mixed-use developments in the Mumbai Metropolitan Region. Thane's real estate market is experiencing strong growth.
Sensex's 1,800 point intraday surge powered by fantastic four: HDFC Bank, RIL, SBI and ICICI Bank
Indian stock markets experienced a strong rebound today. The Sensex surged over 900 points, while the Nifty also saw significant gains. This recovery was largely driven by major banking and financial stocks. Experts suggest this was a short-covering rally after a sharp correction. While markets showed resilience, volatility remains a concern. Investors are watching key levels for future direction.
Vinay Rajani of HDFC Sec suggests Hero MotoCorp, Oberoi Realty shares to sell in the near-term
The Nifty 50 and Sensex rose on March 16, recovering from a challenging week. However, high crude oil prices amid geopolitical tensions are causing investor caution. Nifty 50 has seen a significant decline recently, raising concerns about future economic stability and investor confidence.
Excessive use of smartphones can harm children's physical, mental health: UP CM Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath has issued a strong warning about the detrimental impact of smartphones on young children. He equated excessive smartphone use to drug addiction, highlighting potential harm to physical and mental health. Adityanath urged parents to limit children's screen time and instead encourage studies, yoga, and physical activities for their overall development and future.
Jet fuel shock: Moody's tells how a Middle East conflict is rewriting the economics of global aviation
Global airlines face profit pressure as Middle East conflict drives up fuel costs. This impacts operating expenses and travel networks. Airlines are adapting through strategies like raising fares and improving efficiency. The industry's recovery remains fragile, with future performance depending on conflict duration and energy prices.
Global Market: Energy market turmoil forces policymakers to reassess inflation outlook
Global financial markets are shaken by the Middle East war. Energy prices are soaring, reviving inflation fears. Central banks worldwide are meeting to decide their next moves. Policymakers face a tough challenge balancing economic growth with rising inflation. Investors are watching closely for signals on future interest rate policies.
Heineken doubles down on India, eyes 'biggest untapped beer market'
Heineken sees India as a major growth opportunity for beer. The company is increasing its focus on the Indian market, believing changing social attitudes and rising incomes will boost demand. While acknowledging challenges like regulations and taxes, Heineken aims to professionalize the beer category. This strategic move positions India as a key market for the global brewer's future expansion.
Air India, Air India Express to together operate 80 flights to and from West Asia on March 14
Iran war flight disruptions: Passengers booked on routes where the Air India group’s scheduled services remain temporarily suspended have been allowed to rebook travel for a future date without additional charges or opt for a full refund, the airline said.
Tata Motors bags orders for over 5000 buses and chassis
Tata Motors has secured significant supply orders for over 5,000 buses and chassis from various state transport undertakings nationwide. These diverse orders, including Magna and Starbus models, will be deployed across multiple states for intercity and intracity operations. This achievement underscores Tata Motors' leading role in shaping India's public transportation future.
Nifty IT hurtles toward historic 8-week bloodbath: AI death knell or ultimate bear trap?
Indian IT stocks are experiencing an unprecedented losing streak. This has wiped out significant market value and ignited a debate about artificial intelligence's future impact. Some investors see a major buying opportunity amid the sell-off. Foreign investors have exited, but one large mutual fund is aggressively buying. Analysts are divided on the sector's outlook.
Political stability makes India attractive for global investors: Bryan Marsal, CEO, Alvarez & Marsal
Global investors find India attractive due to its stable politics and policies. This stability contrasts with China's investor confidence issues. Alvarez & Marsal, a consulting firm, has significantly expanded its India operations. The firm sees strong growth in India's consulting sector, driven by transactions and performance improvement. Artificial intelligence is also shaping future consulting demand.
Govt approves 104 projects worth Rs 271 crore for 6G tech research: Mos Telecom
India is advancing towards 6G technology. The government has approved 104 projects valued at Rs 271 crore for research and development. This initiative is part of the Bharat 6G Vision, aiming to position India as a global leader by 2030. The government is also establishing 5G Use Case Labs and supporting test beds to foster innovation and build future capabilities.