Gautam Adani (AP file photo) Billionaire Gautam Adani-led Adani Group has reportedly emerged as the highest bidder in the race to acquire Jaiprakash Associates. The list of potential buyers who submitted bids included Adani Group, Vedanta, JSPL (Naveen Jindal), Suraksha Group, Dalmia Bharat, and PNC Infratech.Jaiprakash Associates Ltd (JAL), a financially stressed infrastructure and real […]
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t ignore: lower […]
New Delhi: IPO-bound Manipal Health Enterprises is leading the race to acquire Sahyadri Hospitals with a Rs 6,838 crore ($800 million) bid, people familiar with the matter said. It is trailed closely by Blackstone, they said. While the sources did not reveal the financial terms of the global investment firm’s offer, the strong interest in […]
BENGALURU: The global artificial intelligence (AI) innovation race is intensifying, but so are internal gaps between business ambition and technological execution. According to NetApp’s 2025 AI Space Race report, while 81% of global organisations are piloting or scaling AI and 88% consider themselves ready for transformation, regional disparities and internal misalignments may decide the eventual […]
India-US trade deal: Currently, India’s main trade representative is conducting negotiations in Washington. (AI image) India-US trade deal: The United States and India appear to be in the final stages of discussions to finalise the first-cut of the US-Indian trade deal. With US President Donald Trump’s July deadline looming, the trade deal could determine the […]
Zohran Mamdani (AP photo) The possible victory of Zohran Mamdani, the 33-year-old democratic socialist, in the upcoming New York mayoral polls has people on Wall Street worried. In Manhattan’s financial district, pessimistic predictions are circulating. According to Wall Street recruitment specialist Michael Nelson, his clientele, typically earning above $1 million annually, express serious concerns.“This will […]
US-based companies have emerged as the single-largest contributors to India’s office space demand in recent years, accounting for over one-third of gross leasing across the top seven cities between 2022 and 2024, according to data from real estate consultancy JLL India.During the three-year period, total office leasing across Delhi-NCR, Mumbai, Bengaluru, Chennai, Kolkata, Hyderabad and […]
A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury secretary Scott Bessent.US President Donald Trump said Friday he would name a successor “very soon” to replace Jerome Powell, whose term as Fed chair ends in May 2026. The […]
NEW DELHI: Rapido, the ride-hailing platform, is set to shake up the food delivery market by partnering with restaurants at commission rates nearly 50% lower than those charged by major players Swiggy and Zomato, according to sources familiar with the matter.The collaboration with the National Restaurants Association of India (NRAI) indicates that Rapido will implement […]
Resignation is the only option before Justice Yashwant Varma to avoid impeachment by Parliament as the government pushes for bringing a motion to remove the Allahabad High Court judge over alleged corruption. Officials aware of the procedure to appoint and remove Supreme Court and high court judges pointed out that while defending his case before […]
