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…
Seoul, Aug 20 (IANS) Unionised workers at internet-only Kakao Bank will launch a five-day strike as talks with management over wage increases and other benefits have stalled, its union said on Thursday.The labour union and Kakao Bank’s management have been in negotiations over a pay raise and other benefits but failed to narrow outstanding differences.The union said the strike will run from Aug. 31 to Sept. 4. On July 31, the unionised workers also went on a full strike, reports Yonhap news agen…
Gandhinagar, Aug 19 (IANS) More than 950 delegates from India and abroad will gather in Gandhinagar from August 20 to 23 for the 16th annual conference of the Clinical Infectious Diseases Society (CIDSCON 2026), with antimicrobial resistance, infection control and the use of artificial intelligence in clinical practice among the key areas of discussion. The four-day conference will be held at the Mahatma Mandir Convention and Exhibition Centre and will bring together infectious disease specialis…
Gandhinagar, Aug 19 (IANS) Gautam Adani, Chairman of the Adani Group, visited the revered Mahudi Jain Temple in Gandhinagar district, Gujarat, on Wednesday. He was accompanied by his wife, Dr Priti Adani; their elder son, Karan; and daughter-in-law, Paridhi. The family offered prayers and sought blessings as the Jain community prepares for “Paryushan Mahaparva,” which begins on September 8.Sharing his thoughts on X after the visit, Gautam Adani wrote: “Today, I had the good fortune of visi…
New Delhi, Aug 19 (IANS) The Securities and Exchange Board of India (SEBI) has issued its first interim order alleging manipulation of trades in the Closing Auction Session (CAS), raising concerns over the vulnerability of the new mechanism introduced on stock exchanges earlier this month.The order pertains to trading on August 13, the weekly expiry day for SENSEX derivative contracts. SEBI has named Copthall Mauritius Investment Ltd and Mansi Share and Stock Broking Pvt Ltd as noticees, allegin…
New Delhi, Aug 19 (IANS) India is among the countries rapidly expanding the use of technology to improve tax compliance, with platforms such as the Goods and Services Tax Network (GSTN) making the system easier for both taxpayers and tax authorities, a PwC expert said on Wednesday.Speaking to IANS on the sidelines of the 23rd International Tax Conference organised by Assocham in the national capital, Prashant Agrawal, Partner, Indirect Tax at PwC, said technology has become an integral part of t…
Mumbai, Aug 19 (IANS) Markets regulator Securities and Exchange Board of India (SEBI) has alleged that Dhenu Buildcon Infra Limited used a network of connected entities to repeatedly circulate a base amount of Rs 25 crore, creating the appearance that the company had received Rs 1,000 crore in genuine unsecured loans.The allegations were made in an interim order passed by SEBI Whole Time Member Kamlesh Chandra Varshney. According to the regulator, the alleged arrangement was orchestrated by Sure…
Mumbai, Aug 19 (IANS) As Gaja Capital’s IPO opened for retail subscription, its Red Herring Prospectus (RHP) highlighted several risk factors that investors may need to weigh carefully, including persistent negative cash flow from operations, heavy reliance on carried interest, a temporary gap in its accounting software’s audit trail and the inclusion of promoter Gopal Jain’s name in an RBI default-related listGaja Capital said its cash flows from operating activities have remained negativ…
New Delhi, Aug 19 (IANS) Pune emerged as India’s most economically vital metropolitan city, while South 24 Parganas was the strongest-performing emerging city, a report said on Wednesday.The report from Dun & Bradstreet said Pune leveraged its diversified strengths across IT services, advanced manufacturing, automotive industries, education, and innovation-led economic activity to attain the top position.Kolkata recorded the strongest growth momentum among metropolitan cities, signalling acc…
New Delhi, Aug 19 (IANS) OpenAI Chief Executive Officer (CEO) Sam Altman said that a future version of ChatGPT could be unveiled within 6 months that continuously monitors a user’s computer screen, meetings and calls to gain insights of users” context to provide special assistance.In an interview with founder of Z Fellows Cory Levy, Altman described a vision in which an AI assistant “watches every meeting you’re in, records every call, everything that has the perfect context of your whole…
New Delhi, Aug 19 (IANS) Skyways Air Services Limited, which is set to open its initial public offering on August 24, has disclosed an ongoing Economic Offences Wing (EOW) investigation involving the company and its material subsidiary Brace Port Logistics Limited in connection with allegations of fraud, over-invoicing, forgery and criminal conspiracy, according to the company’s offer documents and a representation submitted to SEBI.The company has fixed a price band of Rs 131-138 per equity s…
