Microsoft Invests Rs 520 Crore in Pune’s IT Hub with 16.4-Acre Land Acquisition
Microsoft has acquired a 16.4-acre land parcel in Pune’s Hinjewadi area, a major IT hub, for a whopping Rs 520 crore. This acquisition is part of Microsoft’s broader strategy to strengthen its infrastructure and support its growing operations in the country. The Details
Adani Group’s confirms Mega Semiconductor Plant in Maharashtra:
The Adani Group has recently confirmed plans to establish a mega semiconductor plant in Maharashtra, marking a significant milestone in India’s technological advancement. This ambitious project, valued at approximately ₹83,950 crore ($10 billion), is set to be developed in collaboration with Israel’s Tower
Supreme Court Demands Sahara Group to Disclose Executive and Asset Details
The Supreme Court of India has directed the Sahara Group to provide comprehensive details about its current executives, shareholders, and unencumbered properties. This directive aims to facilitate the sale of assets to raise ₹10,000 crore, which will be deposited into the SEBI-Sahara refund
SEBI Bans Anil Ambani: A Detailed Look into the Controversy
On August 23, 2024, the Securities and Exchange Board of India (SEBI) imposed a five-year ban on Anil Ambani, one of India’s most prominent businessmen, from participating in the securities market. This decision came as a result of serious allegations of fund diversion
Zomato’s Strategic Acquisition of Paytm’s Movie and Events Ticketing Business
In a significant move to expand its service offerings, Zomato has announced the acquisition of Paytm’s movie and events ticketing business for ₹2,048 crore. This acquisition marks a strategic shift for Zomato, aiming to diversify its portfolio and strengthen its position in the
Infosys Secures $100 Million Share in $1 Billion Microsoft-Coca Cola Cloud Deal
In a landmark development, Infosys has secured a substantial role in the $1 billion cloud migration deal between tech giant Microsoft and beverage leader Coca-Cola. This partnership is set to bring in over $100 million in revenue for Infosys, underscoring the company’s pivotal
Adani Stocks Plummet by 7% Amid Hindenburg Allegations, Investors Lose ₹53,000 Crore
In a significant market development, Adani Group stocks experienced a sharp decline, with some shares falling up to 7%. This downturn has resulted in a staggering loss of approximately ₹53,000 crore in market capitalization. The decline follows fresh allegations from Hindenburg Research against
Vedanta Approves $270 Million Capex Investment for Rajasthan Block
Vedanta Ltd., a leading global natural resources company, has announced a significant capital expenditure (capex) investment of $270 million for its Rajasthan block. This strategic move aims to enhance oil recovery and increase production volumes in the region, reflecting Vedanta’s commitment to bolstering
Tesla’s Milestone Achievement – 10 Million Drive Units Produced!
Tesla has reached a significant milestone in its journey towards sustainable transportation. The electric vehicle (EV) giant recently announced the production of its 10 millionth drive unit, a testament to its relentless innovation and commitment to excellence. The Journey to 10 Million Tesla’s
Meet MP Ahammed: From Selling Spices to Building a Rs 51,000 Crore Empire
MP Ahammed’s journey from a humble spice trader to the founder of the Rs 51,000 crore Malabar Group is nothing short of inspirational. Born in a small village in Kerala, Ahammed’s entrepreneurial spirit was evident from a young age. He started his career
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