New Delhi, Aug 20 (IANS) Three in four corporate occupiers in India intend to expand their office portfolios over the next two years, as they are entering a phase of conviction-led growth, a report said on Thursday.Nearly 30 per cent of office occupiers plan ‘significant’ portfolio expansion in India, up from 18 per cent last year, the report from CBRE South Asia Pvt. Ltd. said.The report, drawn from a survey conducted between April and June 2026, showed a marked rise in conviction‑led exp…
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New Delhi, Aug 20 (IANS) Larsen & Toubro’s transportation infrastructure business has secured an order worth up to Rs 5,000 crore to design and build the Automated People Mover (APM) system for Phase 1 of Al Maktoum International Airport in Dubai, the company said on Thursday.The order has been won in a consortium with Japan’s Mitsubishi Heavy Industries (MHI) with L&T responsible for the turnkey delivery of the fully integrated APM system, including construction, supply, testing, commis…
New Delhi, Aug 20 (IANS) US-based technology giant Google has announced a one-year free subscription to its ‘AI Plus’ plan for eligible college students in India which offers access to enhanced artificial intelligence tools and higher usage limits to support learning.In its latest blog post, the tech company said that under the offer eligible students will get access to Gemini Omni, twice the usage limits available to non-AI subscribers, 400 GB of storage and other features at no cost for one ye…
New Delhi, Aug 20 (IANS) The Ministry of Micro, Small & Medium Enterprises organised a national seminar at IIT Madras in Chennai to promote digital commerce and export readiness for micro, small and medium enterprises, an official statement said on Thursday.Praveen Yadav, Additional Chief Secretary, MSME Department, Tamil Nadu emphasised that digital commerce is transforming MSME’s access to global markets by transcending geographical boundaries.He called for stronger Centre-State converge…
New Delhi, Aug 20 (IANS) The Centre has tightened sugar stockholding limits for bulk consumers amid a sharp rise in prices ahead of the festive season and directing those consuming more than 10 metric tonnes a month to hold inventories for no more than 15 days.According to a notification issued by the Ministry of Consumer Affairs, Food and Public Distribution, the new restriction will come into effect from September 1 and remain in force until November 30.Under the order, no bulk consumer using …
New Delhi, Aug 20 (IANS) A former Meta engineering director testified in a US federal court that Instagram took a “don’t ask, don’t tell” approach to children under 13, prioritising user engagement and growth over safety, accusing the company of harming young users, according to multiple reports.Arturo Bejar — who has previously testified before Congress on child safety — said during his second day on the stand that Meta measured employee performance and compensation largely by engagem…
New Delhi, Aug 20 (IANS) Radico Khaitan Limited — one of the largest spirits companies in India — announces the launch of Magic Moments Aam Panna, the newest addition to its highly successful Flavours of India portfolio.Inspired by one of the country’s most loved beverages, the launch reinforces Magic Moments’ commitment to celebrating India’s rich flavour heritage through innovative and contemporary experiences.The launch marks another milestone in the remarkable journey of Magic Moments Vodk…
New Delhi, Aug 20 (IANS) The Reserve Bank of India is likely to maintain a prolonged pause on policy rates in FY27 as resilient economic growth and easing inflation provide room for the central bank to stay on hold, a report has said.A report from SBI Research said the communication from the central bank showed a clear acknowledgement of risks with members adopting a more hawkish tone but the underlying data did not yet warrant an immediate rate hike.“We believe growth is most likely to remain…
New Delhi, Aug 20 (IANS) Shares of Life Insurance Corporation of India (LIC) — the country’s largest insurer — traded 1 per cent higher on Thursday after receiving approval from the Reserve Bank of India (RBI) to increase its stake in HDFC Bank to up to 9.99 per cent.In its regulatory filing, HDFC Bank said the RBI has approved LIC’s application to acquire up to 9.99 per cent of the bank’s paid-up share capital or voting rights.In addition, LIC currently holds 4.11 per cent of HDFC Bank’s tota…
New Delhi, Aug 20 (IANS) As reports claim that US-based technology giant Google plans to shift the production of Pixel smartphones, smartwatches and wireless earbuds in China from next year, India has emerged as one of the most friendly destinations for the company amid the local manufacturing push, according to analysts, as the tech giant launches Pixel 11 portfolio in the country.Google manufactures select Pixel smartphone models in India and production began in August 2024, starting with the …
Mumbai, Aug 20 (IANS) Indian equity benchmarks opened higher on Thursday — snapping a prolonged losing streak — as a decline in US bond yields improved global risk appetite and the market showed signs of a short-term reversal after being in oversold territory.Sensex rose 558 points or 0.73 per cent to 77,468 in early deals, while Nifty 50 gained 147 points or 0.61 per cent to 24,225.45.Among sectoral indices, Nifty IT, Nifty MidSmall IT & Telecom and Nifty Metal were top gainers and surged…
Seoul, Aug 20 (IANS) Seoul shares traded more than 6 per cent higher on late Thursday morning as investors snapped up major chipmakers, including Samsung Electronics and SK hynix, amid expectations for stronger shareholder returns from chip giants.After opening 3.23 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended its gains, rising 401.44 points, or 6.2 percent, to 6,872.61 as of 11:20 am, reports Yonhap news agency.Programme trading for the KOSPI-listed shares wa…
