Development Bank of Japan Inc. (DBJ) has made its first real estate investment in India, committing capital to HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund), managed by HDFC Capital Advisors Ltd. HDFC Capital, the real estate private equity arm of HDFC Group, did not disclose the investment amount. The H-DREAM … Read more
Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation. Only about 5% of the 3,000 largest publicly traded US companies mentioned refunds in the context of President Donald Trump’s now-illegal tariffs in recent comments and regulatory filings, according to a Bloomberg … Read more
Filings by parent company Bajaj Mobility AG with the Austrian stock exchange showed KTM clocked earnings before interest, tax, depreciation and amortization (Ebitda) of €5.5 million in the March quarter, as against an Ebitda loss of €55.8 million a year earlier. Revenue jumped 70% to €331 million as motorcycle sales more than doubled to 40,332 … Read more
Making its energy security mandate clear, India has said that it is buying crude oil from Russia irrespective of a sanctions waiver by the US. The statement from Sujata Sharma, joint secretary in the petroleum ministry comes days after a Bloomberg report said that India has sought an extension of sanctions waiver from the US … Read more
Vodafone Idea, India’s third-largest telecom operator, posted a ₹51,970 crore net profit in the March quarter owing to one-time accounting gain from the government’s adjusted gross revenue (AGR) relief. This is the first time in recent years that the telecom operator has posted a net profit and returned to the black. To be sure, the … Read more
The recent post annual results analysts’ call by DLF Ltd, India’s biggest real estate company, provides a glimpse of the price appreciation at it’s super luxury projects in Gurugram which are now fetching ₹135 crore to ₹150 crore per residences. Following the success of it’s ultra luxury project Camellias, it’s new project Dahlias is attracting attention … Read more
UK-based Prudential plc on Sunday said it plans to acquire a 75% stake in Bharti Life Insurance and subsequently cut its holding in ICICI Prudential Life Insurance to 10%, marking a major realignment of its India strategy. The investment is part of Prudential’s “strategic repositioning of its India operations,” the company said in a statement. … Read more
A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom? More than 45,000 workers are threatening to stage the largest strike in the conglomerate’s history … Read more
SIAM said the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles in April 2026 was 29,22,427 units. File The first month of FY2027 posted high double-digit growth in passenger vehicles, three-wheelers, and two- wheelers according to wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (May 14, 2026). This is … Read more