NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) has agreed to acquire 100% of Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of $2.9bn, marking a major expansion of its international operations and giving it a significant presence in Europe’s liquid storage and energy infrastructure market.The proposed all-cash transaction values Evos…
BENGALURU: Britannia Industries reported a 10.8% year-on-year rise in consolidated net profit to Rs 726 crore for the Sept quarter, even as expenses grew faster than income. It had posted a profit of Rs 655 crore a year earlier. Total income rose 15.9% to Rs 5,671 crore in the second quarter of FY27, compared with…
NEW DELHI: India has got a step closer to having satcom, with Telecom Regulatory Authority of India (Trai) recommending the introduction of new authorisation – “satellite communication network (SCN)” under the Telecom Act, 2023, and assignment of spectrum to SCN authorised entities, which will supply capacity to telcos and not directly serve consumers.Proposed to be…
NEW DELHI: Noel Tata will retire as vice-chairman and director of Titan on Nov 12 under Tata group governance guidelines, the company said on Thursday. He has been associated with the jewellery and watches company since Aug 2003. The announcement came as Titan reported a 114% year-on-year increase in consolidated net profit to Rs 2,393…
NEW DELHI: Brent crude prices fell below $94 a barrel late on Wednesday for the first time in two months, before inching up to $97.7 Wednesday evening, as markets weighed the possibility of an end to the Iran conflict following the electoral setback to Republicans in the midterm elections and US President Donald Trump’s acknowledgement…
Julia Child’s former home in Cambridge, Massachusetts, has found a new owner, selling for $6.525 million just weeks after hitting the market. The historic property, where the celebrated chef spent four decades and filmed several of her television cooking shows, has changed considerably since her time there. While the house has undergone a major renovation,…
Mistry urges commissioner to rule on earnings Of Tata Trusts nominees on Tata Sons boardMUMBAI: Former Sir Dorabji Tata Trust (SDTT) trustee Mehli Mistry on Thursday urged the Maharashtra Charity Commissioner (MCC) to rule that commissions earned by Tata Trusts-nominated directors on the board of Tata Sons belong to the charitable trusts and should be…
Representative Image (AI-generated) A construction project can become an expensive dispute when work crosses a property boundary. In Oregon, a landowner alleged that workers clearing an adjoining parcel removed trees, shrubs and other plants from as much as 150 feet inside his property. A jury found that the timber trespass was intentional and awarded him…
The video has also brought attention to the contrast between Mumbai’s appeal as a city of opportunities and the difficult living conditions A tiny room in Mumbai has caught the internet’s attention after a vlogger showed how a family of five manages its everyday life in a space where even stretching one’s legs while sleeping…
NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday reported a 57.3% year-on-year jump in standalone net profit in the Sept quarter, driven by higher crude oil and natural gas realisations despite a decline in production. Profit stood at Rs 15,488.6 crore compared with Rs 9,847.9 crore in the year-ago period. Source link
