COMMERCIALS

State Street Corporation has taken up a large office space in Mumbai. The financial services giant leased an entire tower in Equinox Business Park. The deal is for 10 years with a rent of over Rs 350 crore. The company will set up its global capabil...

Wine chillers are essential for preserving the flavor and aroma of your favorite wines. These sleek and efficient appliances keep your wine at the perfect temperature, enhancing its flavor and aroma. Whether you're a red or white wine lover, a wine ...

Nippon Life India Asset Management is set to acquire a two-floor office space in Mumbai's Lower Parel from Lodha for Rs 486 crore. The asset management firm plans to relocate its headquarters to this new 52,162 sq ft space. The deal was finalized on...

Five companies, including ACC Ltd and NLC India Ltd, secured five coal mines on the first day of India's tenth commercial coal mine auction. The auctioned mines hold an estimated 2,630.77 million tonnes of coal reserves and are projected to generate...

Equity investments in India's real estate sector are on track to exceed $10 billion in 2024, fueled by strong developer activity and a surge in Tier-II city investments. Domestic investors, primarily developers, have dominated capital inflows, while...

These additional guidelines have been introduced to address scenarios of non-payment of debt (principal or interest) caused by factors beyond the issuer's control.

A merchant ship narrowly escaped an attempted missile attack in the southern Red Sea late Sunday, attributed to Yemen's Houthi rebels. The vessel and its crew were unharmed, with the missile landing in close proximity. While unclaimed by the Houthis...

Delhi-NCR secured the sixth position and Mumbai ranked eighth among the most expensive office locations in the Asia Pacific region, according to Knight Frank India's latest report. While Delhi-NCR's prime office rent remained stable at Rs 340 per sq...

IndiGo's CEO, Pieter Elbers, at the CNBC TV18 Global Leadership Summit, shared the airline's ambitious plans to expand its international footprint, aiming to solidify its position in the global market.

India's Union Law Ministry has introduced a draft bill proposing the establishment of dedicated commercial courts at the district level. The proposed amendment aims to expedite the resolution of commercial disputes and streamline legal processes.

“Nearly 70% of the commercial (passenger vehicle) drivers simply hold an LMV (light motor vehicle) licence without the transport endorsement…if the Supreme Court’s decision went the other way, it would have been a nightmare,” a senior executive at a...

HDFC Bank is selling off around ?3,000 crore worth of commercial properties, including the iconic HDFC House in Mumbai, inherited from its merger with HDFC. This strategic divestment aims to streamline assets and focus on core banking operations.

India's coal production from captive and commercial mines has exceeded 100 million tonnes. The output reached 100.08 million tonnes till November 8 of the current financial year. This represents a significant 33% increase compared to the previous ye...

The Indian Chamber of Commerce has urged the Ministry of Law and Justice to designate the Guwahati High Court as a Commercial Court. This request aims to expedite the resolution of commercial disputes in Assam by allowing the High Court to handle ap...

Market borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, likely due to non-banking finance companies slowing down activities with the central bank raising concerns abou...

Tata Motors shares have fallen 11% in a month, retracing 30% from July's peak. Analysts expect a potential pullback rally, with recovery seen in commercial and luxury vehicle segments in FY 25-27.

Ashok Leyland, a prominent commercial vehicle manufacturer, experienced a 9% decrease in total vehicle sales for October, dropping to 15,310 units from 16,864 a year ago. Sales of medium and heavy commercial vehicles fell 8%, while light commercial ...

Truck manufacturers in India are changing truck designs to improve driver comfort and efficiency. Modern trucks feature car-like interiors, better aerodynamics, and enhanced safety. Electric drivetrains offer new design possibilities. This evolution...

Federal Bank has acquired over 1.01 lakh sq ft of office space for Rs 330 crore in Mumbai’s Wadala locality, covering the 12th to 16th floor of the VIOS Tower. This deal, including 145 car parking slots, reflects a strategic consolidation of its ope...