Singapore's sovereign wealth fund GIC has offloaded shares of IRB Infrastructure Trust for Rs 5,884 crore through open market transactions. Ferrovial acquired the shares at the same price.

The Competition Commission of India (CCI) has approved Cintra's acquisition of a 24% stake in IRB Infrastructure Trust, a move that expands Ferrovial's presence in India's infrastructure sector.

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore, marking one of the largest transactions in Indian real...

Shapoorji Pallonji Group's investment platform SPREF II has sold its stake in a Hyderabad commercial real estate project for Rs 2,200 crore to a joint venture of global institutional investors.

GIC Re reports a 3% increase in net profit for Q4 FY24, reaching Rs 2,642 crore. The company also saw growth in gross premium and solvency ratio.

India's potential to leverage AI outweighs the fears, says MEITY Secretary, highlighting opportunities for Indian youth and the need for regulations to mitigate risks.

BSNL Employees Union criticizes private telcos' tariff hikes, blaming lack of 4G, 5G services by BSNL for no restraint on pricing. Learn about the latest developments.

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

India is actively discussing AI regulations, with Union Minister Ashwini Vaishnaw highlighting the need for political consensus. The government aims to ensure responsible AI development and...

A report predicts that recent tariff hikes by major Indian telcos will increase core inflation by 0.2% in FY25, driven by higher prices for telecommunications services. Deutsche Bank analysts...

India's potential to leverage AI outweighs the fears, says MEITY Secretary, highlighting opportunities for Indian youth and the need for regulations to mitigate risks.

BSNL Employees Union criticizes private telcos' tariff hikes, blaming lack of 4G, 5G services by BSNL for no restraint on pricing. Learn about the latest developments.

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

The Enforcement Directorate (ED) has arrested 3, including a CA, for allegedly defrauding a consortium of banks and regaining control of an insolvent company.

India is actively discussing AI regulations, with Union Minister Ashwini Vaishnaw highlighting the need for political consensus. The government aims to ensure responsible AI development and...