Tag Archives: in

IPO looks uncertain right now, will explore REIT in future: Abhishek Lodha

Bengaluru: Lodha Group, known for its prominent luxury skyscrapers in south and central Mumbai, aims to become a diversified real estate player as it plans to focus on building affordable homes and a rental portfolio across asset classes like office, retail and warehousing. With its delayed initial public offering (IPO), debt levels remaining high and refinancing pressure eminent, the Mumbai-based firm ... Read More »

Spurred by robust used car sales, Cars24 to expand its network in India

Bengaluru: On the back of buoyant sales of used cars in India, Gurugram-headquartered tech-enabled used car company Cars24 is investing heavily on growing its presence across the country, and on improving its back-end technology, according to a top company official. Gajendra Jangid, co-founder and chief marketing officer of Cars24, in an interview to Mint, said that the company sells 13,500 cars ... Read More »

Prepared for Balakot-like airstrikes in future: New IAF chief RKS Bhadauria

Air Marshal Rakesh Kumar Singh Bhadauria took over as the Chief of Air Staff on Monday after Air Marshal BS Dhanoa retired from the post. Succeeding BS Dhanoa, who led the IAF during the Balakot airstrikes, RKS Bhadauria said the force is prepared for any such challenges in the future. Speaking to reporters after taking over as the IAF chief, ... Read More »

Excess surcharge paid by FPIs to be adjusted in future tax payments

Foreign portfolio investors (FPIs), who have been paying higher surcharge in the past two months on remittance of gains in the form of advance tax, will pay less going forward. The payment of tax will reduce to the extent of excess surcharge paid by the FPIs in the past, said experts. The higher tax paid would depend on the quantum of ... Read More »

Nippon Express acquires 22% stake in Biyani’s Future Supply Chain Solutions

The transaction, valued at ₹641 crore, will be used to fund FSC’s growth plans Japan’s Nippon Express has acquired a 22 per cent stake in Kishore Biyani’s Future Supply Chain Solutions Ltd (FSC) for ₹641 crore as the logistics company looks to tap into the rapidly-growing Indian logistics market. As part of the deal, Nippon Express has bought the 14.6 per cent ... Read More »

I Went to the Future, in a Hotel Where My Butler to Bartender – Were Robots

“This is it! This is the answer. It says here that a bolt of lightning is going to strike the clock tower at precisely 10:04 pm, next Saturday night! If we could somehow harness this lightning, channel it into the flux capacitor it just might work. Next Saturday night, we’re sending you back to the future!” In Back to the Future, ... Read More »

How flight ticket pricing could change in the future

Heading off on a business trip used to be simple. Book a ticket, pack your bag and be on your way. In the future? Not so much. Business travellers could have to navigate a variety of fare types and add-ons —in some cases inspired by low-cost airlines and their thirst for what the industry terms “ancillary revenue.” This is revenue ... Read More »

Hope talks with Taliban resume in future: Mike Pompeo

US Secretary of State Mike Pompeo. (Photo: IANS) US Secretary of State Mike Pompeo has said he hopes the United States and the Taliban can resume talks in the future. Mike Pompeo said in an interview with Fox News that talks are dead “for the time being” after one US soldier was killed in Afghanistan on Thursday. “I hope we ... Read More »

In new car, Gill eyes top-5 finish

New Delhi: Gaurav Gill is eyeing a top-five finish at the Rally of Turkey that starts next week. Gill, the first Arjuna Award winner from motorsports, returns to the FIA World Rally Championships 2 circuit with a new car, a Ford Fiesta R5, developed by M-Sport. Despite not having had a chance to do any sort of timing in his ... Read More »

Embedded SIMs can usher in technologies of the future

New Delhi: When your Apple Watch takes a call without being connected to your iPhone, it uses a tiny SIM embedded inside it. This embedded SIM, or eSIM, in Apple’s case, works as an extension of the SIM you already have inside your iPhone, allowing the watch to stay connected to a cellular network and, hence, the internet—even without the phone. Unlike regular ... Read More »