Completing the trinity of healthcare service offerings, Amazon India on Sunday (June 22, 2025) stated that it is foraying into the diagnostics space with the launch of a new at-home diagnostics service that enables customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app. Three years back, Amazon … Read more
The decision of the Reserve Bank of India (RBI) to slash the policy rate will boost growth amidst easing price pressures and infuse liquidity along with supporting credit flow, said a report by Bank of Baroda. The BoB report added that the RBI’s surprise 50 basis-point rate cut, along with a phased 100 basis-point reduction … Read more
Prestige Estates Projects (PEPL), one of India’s top five real estate developers, is looking to offer more entertainment and dining spaces in malls while cutting back on apparel retailers. 40% of mall space is targeted towards entertainment and restaurants vs 15-20% currently. Company operates four malls at present. By 2030, it plans to grow to … Read more
The battle for supremacy in AI and big data computing just got more competitive after an Israeli chip startup Speedata raised $44 million in a Series B funding round, bringing its total capital to $114 million as it gears up to unveil a next-generation processor that could shake up the industry and challenge Nvidia’s long-standing … Read more
Vijay Mallya is the talk of the town, again. After his four-hour long podcast with influencer Raj Shamani, the government and banks have called out the ‘declared economic fugitive’ for his claims that he is being harassed by lenders even after he has repaid the outstanding debts. Meanwhile, the lenders have argued that the bankrupt … Read more
Banks led by public sector lenders have started revising their lending rates following the RBI’s 50 basis point repo rate cut. However, for a change, old borrowers may benefit more than new ones, as banks are likely to tweak the spreads on home loans, which were already competitive in the quest for market share.Bank of … Read more
Private equity firm Advent International has signed a definitive agreement to invest $175 million (about ₹1,500 crore) for a significant minority stake in Felix Pharmaceuticals Pvt. Ltd, an Ireland-headquartered company focused on developing and manufacturing generic medicines for companion animals such as dogs, cats, and horses. This marks another bet by Advent in the growing … Read more
Amid escalating tensions in the U.S.-China trade relationship, President Donald Trump and President Xi Jinping have engaged in discussions to address the impasse over tariffs that have significantly impacted global trade. The dialogue comes as both nations grapple with the fallout from stalled negotiations and mutual accusations of non-compliance with prior agreements. This is a … Read more