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Subscribe to enjoy similar stories. InterGlobe Hotels Pvt Ltd is focusing on India’s tier I cities for its Ibis brand as it looks to shed the budget tag and positions itself in the mid-market segment, citing strong demand for quality hotels. The joint venture between InterGlobe Enterprises and Accor Asia Pacific, which has 29 Ibis properties in India, is evaluating opportunities in top locations in city centres for the next phase of growth, according to JB Singh, president and chief executive officer at InterGlobe Hotels.

Subscribe to enjoy similar stories. Mumbai/New Delhi: A fake job post on LinkedIn forced Nestlé India Ltd chairman and managing director Suresh Narayanan to debunk the scam. The menace, however, is far bigger, as multiple companies have reported such sham advertisements.

Subscribe to enjoy similar stories. Manappuram Finance Ltd: Buy at ₹217.50 | Target ₹235-240 | Stop loss ₹210 RS of this stock is rising, also it's near to lifetime high levels. On hourly chart, stock has given breakout with Rectangle pattern.

Subscribe to enjoy similar stories. Bengaluru: Hyperlocal grocery delivery platform Zepto is exploring ways to strengthen its cold chain logistics, aiming to enhance quality control and improve gross margins in its perishables category, according to severalindustry executives familiar with the matter. The company has invited individuals and organizations with expertise in the fresh or cold supply chain to collaborate in its drive, as per co-founder and CEO Aadit Palicha's LinkedIn post last week.

Fujifilm's GFX100RF marks a significant advancement in medium format photography. Designed for photographers who want detail without bulk, this camera is expected to compete with high-end models such as the Leica Q3. The GFX100RF from Fujifilm is a small fixed-lens camera with medium format capabilities.

Coca-Cola and PepsiCo are fighting off Reliance Consumer's Campa and also taking advantage of the rapid growth of no-sugar drinks with diet and light variants in smaller packs priced Rs 10 across their brands. Both Coca-Cola and PepsiCo have introduced diets and lights at Rs 10 under brands-Thums Up X Force, Coke Zero, Sprite Zero and Pepsi No-Sugar. These price-points for diets and lights are a first for the India units of both soft drink makers, executives said.

Sandro Mamukelashvili to shine. The San Antonio Spurs secured their victory against the New York Knicks on Wednesday after Mamukelashvili reached a career-best 34 points through 13 out of 14 successful field goals and seven flawless three-pointers to add nine rebounds to his tally.

Hindustan Unilever (HUL) on Thursday said it is acquiring a 14.3% stake in Lucro Plastecycle, a recycled flexible plastics maker, as part of its sustainability goals and to scale up the use of recycled content in packaging. Lucro is a waste management, recycling and product manufacturing company, working to create a circular plastics economy and fits in line with the government's vision of a zero plastic waste future, HUL said. «This investment is a significant step in building the capabilities in recycling and developing the circular economy model for plastic, which is in line with our firm belief that what is good for India is good for HUL,» HUL CMD Rohit Jawa said.

Blake Lively and Ryan Reynolds never expected their legal feud with Justin Baldoni would spiral into such a massive battle. What began as harassment allegations has become a big-stakes lawsuit. The Hollywood power couple is now facing the hot blowback from the court drama. The tension has taken a toll on them. According to recent reports, the legal battle has just begun in the wake of Blake Lively and Ryan Reynolds' dispute with Justin Baldoni.

Manappuram Finance and become joint owner of the shadow lender that's the country's second-largest gold loan company. The acquisition will take place through a primary infusion and a secondary sale of shares by the current promoter family, led by managing director and chief executive officer VP Nandakumar, the companies said in a press release. He and his family own 34.73% of the non-banking finance company (NBFC). As part of the transaction, Bain Capital entities-BC Asia Investments XXV and BC Asia Investments XIV-will invest ₹4,385 crore to acquire an 18.6% stake via preferential allotments of equity and warrants at ₹236 per share, a premium of about 30% over the six-month average trading price. The transaction will trigger a mandatory open offer for the purchase of an additional 26% stake on an expanded capital basis (excluding warrants).

Oberoi Realty has entered into agreement with global investment firm Alpha Wave Ventures II, LP to sell 21.74% stake in its joint venture company, I-Ven Realty for Rs 1,250 crore. This marks one of the largest private equity investments in India's real estate sector so far this year. As per the agreement, Alpha Wave Ventures will acquire the stake in I-Ven Realty through a combination of 2,77,778 Series A convertible preference shares (CCPS) and 10 Class A equity shares. Oberoi Realty and its promoter, Vikas Oberoi, currently hold equal stakes in I-Ven Realty.

Hero MotoCorp has announced a strategic investment of up to Rs 525 crore in three-wheeled electric commercial vehicle maker Euler Motors. The investment, to be made in one or more tranches, will give Hero MotoCorp a 32.5% stake in Euler Motors on a fully diluted basis, according to a stock exchange filing on Thursday. “Our strategic investment in Euler is a bold step towards realising our vision to «Be the Future of Mobility.» This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion while highlighting the power of collaboration and adaptability in an ever-evolving market," said Pawan Munjal, executive chairman, Hero MotoCorp.

Subscribe to enjoy similar stories. Dublin, Ireland-headquartered Accenture Plc became the first IT industry major to call out macroeconomic uncertainty in the US, the world’s top technology market, during a post-earnings interaction with analysts on Thursday. The early alert, coming in the backdrop of disappointing quarterly earnings in the second quarter (December-February) of the world’s biggest information technology (IT) services company, signals possible tough times ahead for both global as well as the Indian IT industry.

IndusInd Bank on Thursday announced plans to appoint an independent professional firm to conduct a thorough investigation into discrepancies related to its derivative portfolio. The investigation will focus on identifying the root cause of the discrepancies, evaluating the accuracy and impact of the accounting treatment of the contracts, and ensuring compliance with prevailing accounting standards and guidance, the Bank said in an exchange filing. The bank intends for the investigation to assess any potential lapses and establish accountability regarding the accounting practices related to these derivative contracts. The outcome of the investigation will help determine the bank’s next steps in addressing any issues that may have arisen from these discrepancies.

Kansas Jayhawks will take on No. 10 seed Arkansas Razorbacks in the first round of the men's 2025 NCAA Tournament on Thursday, March 20. The game will see two legendary coaches, Bill Self of Kansas and Arkansas’ John Calipari, making all possible efforts to start the season on a positive note.

Hero MotoCorp has approved an investment of up to Rs 525 crore in Euler Motors Private Limited, marking the company’s entry into the electric three-wheeler market. The investment will be made in one or more tranches and aims to provide Hero MotoCorp with a foothold in the growing electric vehicle sector, where electric three-wheelers are projected to account for 35% of total sales in the near future, the company said in an exchange filing on Thursday. «Our strategic investment in Euler is a bold step towards realizing our vision to 'Be the Future of Mobility.' This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market. As a global automotive leader, Hero MotoCorp is driven by sustainability, innovation, and customer-centric progress,» said Pawan Munjal, Executive Chairman of Hero MotoCorp.

The firm launched its inaugural mandate last month, initially focusing on UK equities. Ben Whitmore's Brickwood AM launches inaugural fund The TM Brickwood Global Value fund will aim to outperform the MSCI All Country World index (ACWI), net of fees, over a rolling five-year period, sticking with the areas of expertise of co-managers Ben Whitmore and Dermot Murphy.  Whitmore left his former firm Jupiter Asset Management after a 17-year career focusing on value investing to set up Brickwood AM last year, with Dermot following suit soon after. The global fund will invest at least ...

The move follows a 44.5% surge in Babcock's share price since the start of the year, as the UK government continues to commit to ramping up spending on defence.  Jupiter's Alex Savvides on investing in UK defence and why Babcock remains undervalued At the time of reporting, Babcock's share price is currently sitting at 722.5p per share, according to data from MarketWatch. The index changes will take effect from 24 March and will see HL deleted from the FTSE 100, having been taken private following its £5.4bn consortium takeover last year. Hargreaves Lansdown agrees to £5.4bn PE ...

The regulator told employees earlier this year that, as of 1 April, all emails will automatically be deleted after a year unless staff take specific steps to retain them. In the letter published today (20 March), a cohort made up of CEOs and senior directors from companies such as Positive Money, Sharesoc and the Tax Justice Network, argued that the FCA's policy would harm the rights of consumers, reduce the efficacy of the regulator, and damage the UK financial sector's reputation. FCA addresses criticism on plan to auto-delete staff emails after a year Freedom of Information requ...

Net formal job creation under the Employees’ Provident Fund Organisation (EPFO) went up by 11.6% in January 2025 to 1.78 million compared to 1.62 million added in January 2024, government data shows. As per the provisional EPFO payroll data, released by the ministry of labour and employment on Thursday, January 2025 witnessed a month-on-month increase of 11.4% compared to 1.60 million formal jobs created in December 2024. Net new subscribers added to EPFO stood at 1.28 million in April, 1.35 million in May, 1.39 million in June, 1.61 million in July, 1.58 million in August, 1.88 million in September, 1.34 million in October and 1.46 million in November 2024.

Manappuram Finance said on Thursday investment firm Bain Capital would pick up an 18% stake in the gold loan provider for 43.85 billion rupees ($508 million). Bain Capital will make the investment through subscription to shares and warrants at 236 rupees apiece, implying a 30% premium over the six-month average trading price of Manappuram Finance.