Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.
"I have always felt that Lord Ram has been shielding me and my family from all the bad times and I strongly believe that it is him, who chose me for the auspicious task," Yogiraj, who has received effusive praise for his work, told PTI.
The chemicals sector's recovery could be delayed until FY25 if the current trends of weak demand and flat pricing continue. Following a subdued September quarter, the revenue and profit performance of listed chemicals companies are anticipated to fall short of initial expectations of an improvement. Despite some price stability, the demand trajectory remains uncertain.
Most JD-U ministers favour a return to the BJP-led NDA ahead of the Lok Sabha elections.
Online travel portals are flooded with flight and train bookings, hotels teeming with requests for accommodation, and spiritual merchandise on e-commerce platforms is selling like hotcakes. As the consecration ceremony of Ram Mandir in Ayodhya on January 22 draws near, Indians across the country are putting their travelling boots on as the temple frenzy catches on. India's largest travel technology (traveltech) platform MakeMyTrip (MMT) has witnessed a substantial four-fold increase in bookings for Ayodhya compared to the previous year.
In a recent note, the global brokerage firm said India now commands a weight of 19 per cent in the above-mentioned portfolio as compared to 18.2 per cent in September 2023. India, it said, is a large liquid market and remains a counter-weight to North Asia if a slowdown in the West occurs and China's recovery disappoints.
The teams are equipped with inflatable boats, ropes and other rescue equipment.
An initial inquiry revealed that the accused was in an inebriated condition when he placed the call to the helpline, police said.
India edged South Africa by two wickets to advance to their ninth Under-19 World Cup final.
A 45-year-old Maratha quota activist allegedly committed suicide in Bandra area of Mumbai in the early hours of Thursday leaving behind a note in which he urged community members to fight for the cause, a police official said.
Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.
Some of her best films are not available on streaming platforms, but Deepa Gahlot looks at her Hindi cinema oeuvre on OTT.
Fifteen houses were set on fire in Manipur's Imphal West district where fresh violence broke out, officials said on Sunday.
'We are expected to grow at above 28 per cent this year, higher than the industry.'
After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). This was attributed to higher software charges payable under an extended service agreement with 63 moons technologies and a one-off cost towards core guaranteed funds (CGF).
Top Indian doubles player Rohan Bopanna and his Australian partner Matthew Ebden continued their dream run to advance into the Wimbledon semi-final.
Cries of help were forwarded through the night, as Chennaiites, who waded through a similar nightmare in 2015, reconnected online again and formed citizen rescue groups to deal with emergencies.
Images from the UEFA Champions League group matches played on Tuesday night.
According to the global business information, knowledge and insight provider, India is likely to achieve an average growth rate of around 7.5 per cent during FY15-FY20.
Images from the ICC World Cup match between England and the Netherlands, at the Maharashtra Cricket Association stadium, in Pune, on Wednesday.
The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.
The police received information around 9 am that a fire had broken out in a house at Mazar Wala Road in Shastri Park's Machhi Market, Deputy Commissioner of Police (Northeast) Joy Tirkey said.
Indian batters' struggles against spin bowling continued as Bangladesh held their nerve to pull off a four-wicket consolation win in the third and final women's T20 International in Mirpur on Thursday.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
IMAGES from the Asia Cup Super 4 match played between Sri Lanka and Pakistan in Colombo on Thursday.
With his unstoppable performance as Lucknow's finisher, Pooran is making a name for himself in the IPL.
More than a month before the horrific video of two women being assaulted publicly in Manipur went viral, activists had informed the National Commission for Women about not only this case but other brutal instances of rape as well, besides incidents of kidnapping, lynching, immolation and even murder in the strife-torn state.
Billionaire Gautam Adani-led group's renewable energy firm on Thursday announced plans to raise Rs 12,300 crore through a share sale to investors as the group continues to build on a comeback strategy to emerge out of allegations of fraud levelled by a US short-seller. Adani Green Energy Ltd in a stock exchange filing said its board has approved raising up to Rs 12,300 crore through an issue of equity shares by way of qualified institutional placement (QIP). The funds are intended to be used for meeting capital needs of the company's expansion plans.
US-based boutique investment firm GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore ($1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani's group.
Floodwaters of the overflowing Yamuna reached the entrance of the Supreme Court in Central Delhi on Friday as the regulator of the Delhi irrigation and flood control department at Indraprastha suffered damage on Thursday evening.
Kharif crops were sown in only 4.15 lakh hectares against the target of 28.27 lakh hectares till July 21 or only in 14.71 per cent of the arable land.
The visuals on social media also showed huge traffic on the National Highway-24 and Sarai Kale Khan where vehicles were crawling. Water from the overflowing Yamuna river reached ITO, a key route to commute from east Delhi to central Delhi and Connaught Place.
The Congress leader gave the 10-point reply hours after a Delhi police team knocked on his doors for the third time in five days.
The duo's stand of 87 off 39 balls took GT pass the finish line and to the top of the table.
'And a majority will be in the top-end vehicle range.'
Chennai Super Kings reclaimed their fortress with a seven wicket win over Sunrisers Hyderabad as Ravindra Jadeja and Devon Conway continued their impressive run.
Images from the FIFA Women's World Cup matches played on Tuesday.
Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.
India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.
When the crew members tried to stop the woman from misbehaving, she allegedly punched one of them in the face and spat on another staffer, the official said.
