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Macrotech Developers, has entered into an agreement to acquire a land parcel spread over 3.4 acres in Mumbai's western suburb Jogeshwari West from pharmaceutical company Unichem Laboratories for over '279 crore. The land parcel at Prabhat Estate off Swami Vivekananda Road houses an office building spread over 82,000 sq ft, which was the registered office of the company until now. While the deal is yet to be inked and registered, Unichem's board of directors have approved the plan to monetise this land parcel.

The commerce and industry ministry has also sought wish lists of various industries and tariff concessions they expect from Washington under the pact. «Inputs have been sought from various stakeholders as both sides aim to increase exports,» said an official. US President Donald Trump claimed Friday that India will significantly reduce tariffs on American imports, saying New Delhi imposed «massive» trade barriers and that «somebody is finally exposing them for what they have done».

Sunsure Energy is in talks with financial institutions to raise ₹5,000 crore in debt this year to fund its renewable energy expansion plans, said its founder and CEO, Shashank Sharma. Sunsure Energy, which is beginning to build utility-scale projects after focusing on the high-margin business of serving commercial and industrial customers for a decade, aims to add 2.5 GW of generation capacity by mid-2027, Sharma told ET. The company currently operates about 500 MW of capacity.

Corporate hiring sentiments for the June quarter rose three percentage points compared to the January-March 2025 quarter, seven percentage points more than the corresponding quarter last year, and 18 percentage points higher than the global average of 25%, found the latest edition of the ManpowerGroup Employment Outlook Survey shared exclusively with ET. About 55% of 3,150 Indian employers asked about their hiring plans for the June quarter said they would hire more people; 12% expected a decrease in hiring intent or had no plans to backfill; 29% did not expect any change in their workforce, and 4% were unsure. This puts the net employment outlook (NEO) — a bellwether of labour market trends — at 43%, the difference between companies looking to hire and those expecting a fall in headcount or hiring numbers.

They have also suggested higher solvency requirements before allowing foreign investors to repatriate dividends without any regulatory approvals, said people familiar with the development. «These suggestions are being looked at and will form a part of the amendments for approval of 100% foreign investment,» said a government official.

Vodafone Idea has not submitted a bank guarantee (BG) worth ₹6,090.7 crore or made a cash payment of ₹5,493.2 crore to the Department of Telecommunications (DoT) for shortfall of the 2015 spectrum auction by the deadline, a development that may lead to some sort of action by the government. The financially struggling company was scheduled to submit the BG or cash payment by March 10, 2025, but the company failed to do either at the end of office hours. «We will see what action can be taken in the coming couple of days,» an official privy to the details told ET. The DoT has so far not granted any extension, the official added. The amount must be paid by Vodafone Idea for the shortfall in payments for spectrum use on a pro-rata basis as per the terms and conditions of the BG waiver announced by the DoT in December last year.

In the upcoming weeks, skywatchers in the U.S. will be treated to breathtaking views of two celestial phenomena. This week's total lunar eclipse is the first, and in late March there will be a partial solar eclipse. Although not a total eclipse, it is still a breathtaking sight for space enthusiasts.

soft touch regulations within regulatory guardrails and expand the reach of UPI for more efficient cross-border payments, Governor Sanjay Malhotra said on Monday. In his address at the Inauguration of Digital Payments Awareness Week 2025 here, the governor said apart from the RBI, the government and other important stakeholders like banks and payment system operators have also taken a number of initiatives to encourage the adoption of digital payments. «While these efforts have produced results, as visible in the huge growth of digital payments, there is still a lot more to be done. Going forward, we will work on three broad areas,» he said. The areas are soft-touch regulations to continue promoting innovation, promote awareness generation, and more efficient cross-border payments.

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Gajendra Singh Shekhawat in response to a query by AIMIM MP Asaduddin Owaisi in the Lok Sabha. The government was asked if the ministry, its attached offices and autonomous bodies and organisations under it, particularly the Archaeological Survey of India (ASI), were facing a «shortfall of manpower against their respective sanctioned strengths». In his response, the minister shared corresponding data for the various attached and subordinate offices and autonomous bodies under the ministry.

Shares of Strategy (MSTR) and other companies tied to cryptocurrencies sank along with the price of digital coins on concerns about President Donald Trump's federal bitcoin strategic reserve plan and worries about the U.S. economy. 

Subscribe to enjoy similar stories. Bengaluru: Six years ago, when the Swedish music streaming company Spotify launched in India, the ecosystem here was very different. Global giants Apple Music, Amazon Music and YouTube Music were jostling for space, while local players such as JioSaavn and Gaana had already established themselves.

While the talent pool may grow to just 1.2 million, this presents a significant opportunity for reskilling and upskilling existing professionals. Companies are facing a growing shortage of skilled professionals as they rush to implement artificial intelligence (AI) solutions.

Subscribe to enjoy similar stories. Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five years. Its subsequent collapse was swift and brutal.

Pawar, speaking in the state assembly, said that Mumbai's new airport will be proposed near Vadhvan port and Mumbai-Ahmedabad bullet train station will be near this port. Currently, India's financial hub has two airports, Chhatrapati Sivaji Maharaj International Airport (CSMIAL) located in the Mumbai Metropolitan Region (MMR), and the other airport in Navi Mumbai, which is likely to be operational in this year. He said that 85 per cent work of Navi Mumbai International Airport (NMIAL) has been completed and trials are completed, too.

Citing the rejection, Harivansh did not allow Leader of Opposition Mallikarjun Kharge to make his submission. The opposition MPs then protested for a while before staging a walkout.

Board of Control for Cricket in India (BCCI) and Indian Premier League (IPL) organisers to take action against the promotion of alcohol and tobacco through advertisements and endorsements. The letter, dated March 5, was addressed to IPL Chairman Arun Singh Dhumal and BCCI officials, urging them to prohibit all forms of tobacco and alcohol advertisements, including surrogate ads, across IPL stadiums, related events, and television broadcasts, ET reported on Monday. The letter further emphasised that sportspersons, including commentators, should refrain from directly or indirectly endorsing these harmful products.

«Barring quick commerce, everywhere else clearly the TAM is established, the unit economics are established and you have a bunch of companies which are hugely profitable and are dominating their respective market segments,» says Nilesh Shah, MD & CEO, Envision Capital. The other thing that you have been backing was the platform related companies, that is the sector that you used to like. Give us some sense what has been happening and how do you see the recent correction in some of these stocks because though there are near-term concerns regarding their profitability, so how do you see the unit economics panning out and the consolidation in the sector and any segment or rather any stock where you have gone ahead and actually increased your exposure in the recent correction? Nilesh Shah: So, platform companies essentially now has become a much wider bouquet. There are essentially the food delivery platforms and then there is the quick commerce space and then there is the travel space, insurance, capital market plays, these are basically a very wide variety of companies which are there in digital platforms.

Telangana Public Service Commission (TSPC) will announce the TSPSC Group 1 recruitment exam results on Monday. The results of the Hostel Welfare Officer and Extension Officer exams, along with Group 1, Group 2, and Group 3 exams, will be released today. The evaluation of the Group 1 Mains question is done and legal proceedings related to the exam have been resolved. According to the last

The report highlighted that IT companies integrating AI into their operations and services are more likely to achieve higher productivity, faster growth, and access to larger transformation deals as businesses increase their AI investments. It said «The consensus among IT industry leaders is clear — AI is not optional, it's an imperative».

«It is quite possible we may go through some bit of consolidation as we grapple with global macros, as we grapple with local macros, but post that we should be in a pretty much a sweet spot,» says Nilesh Shah, MD & CEO, Envision Capital. Is the market going to be a winner or not? Have we sold out enough? Nilesh Shah: Yes, India will remain a winner, be it sports or be it the Main Street or be it the Mint Street, India remains a long-term winner. Yes, there would be a bit of upheavals here and there. Like in sports, you lose one match or so, but ultimately what matters is winning the trophy, winning the tournament. I clearly believe India will continue to win this trophy of being the star in emerging markets.