As the deadline for foreign portfolio investors (FPIs) to disclose their beneficial ownership (BO) to the Securities and Exchange Board of India (SEBI) closes in on September 9, the financial market is witnessing heightened anxiety. This regulatory requirement is part of SEBI’s move to bring greater transparency and prevent possible round-tripping of funds. However, not all FPIs are…
Starbucks is facing a major challenge in India, as homegrown coffee brands like Blue Tokai and Third Wave Coffee have rapidly gained popularity among consumers. Despite being one of the first international coffee chains to enter the Indian market, Starbucks has struggled to match the expansion rates of these domestic brands.
While Starbucks has opened over 340 outlets in India in the last…
Intermittent fasting has gained momentum for its potential health benefits, including weight loss, improved metabolic health, and better focus. However, choosing the right beverages while fasting is crucial to maintain the benefits without disrupting your fast. Certain drinks help keep you hydrated, energized, and even support fat loss without breaking your fasted state.
1. Hydrating with…
In a major legal clash, Brazil’s Supreme Court has seized $3.3 million from the bank accounts of Elon Musk’s companies, X (formerly Twitter) and Starlink, in response to unpaid fines. Justice Alexandre de Moraes ordered the move after X refused to comply with the court’s request to remove certain flagged content from the platform.
Background of the Dispute
The ongoing…
South Korea’s tech giant LG Electronics is gearing up for a landmark financial move by planning an initial public offering (IPO) of its Indian subsidiary. The potential offering, which could raise as much as $1.5 billion, signals LG’s intention to further tap into India’s booming consumer electronics market and strengthen its global growth trajectory.
To navigate this ambitious IPO…
In a significant boost to India’s commercial real estate market, office space leasing has seen a remarkable surge in the first half of 2024. Bengaluru has emerged as the clear winner, with a staggering 4.5 million square feet of office space leased out – a whopping 53% of the city’s total commercial transactions!
But Bengaluru isn’t alone in this boom. Hyderabad and…
Yes Bank (Banking ), once one of India’s most promising private lenders, faced a significant crisis in 2020 due to its aggressive lending practices and mounting non-performing assets. The Reserve Bank of India (RBI) had to intervene, and a restructuring plan was implemented with the support of the State Bank of India (SBI) and other private lenders. Fast forward to 2024, and the bank is…
Vicky Kaushal, known for his impressive acting, recently found himself in a fun virtual interaction with popular influencers like Tanmay Bhatt and Zakir Khan. The video from this playful conversation has gone viral, drawing millions of views across social platforms.
What Happened During the Chat?
During the Zoom call, Vicky was asked about his background in education, and the actor revealed…
In a strategic decision aimed at expanding its footprint in the healthcare sector, Max Healthcare has announced plans to acquire a controlling 64% stake in Jaypee Healthcare for an enterprise value of ₹1,660 crore. This acquisition, expected to finalize within 30 days, will give Max Healthcare access to Jaypee’s flagship 500-bed hospital in Noida. The deal is part of a collaboration with the…
The Indian real estate sector, already weathering economic headwinds, is now grappling with a significant manpower crisis. According to industry reports, labor shortages have intensified post-pandemic, forcing developers to offer higher wages and additional incentives to attract and retain skilled workers. This shortage is not confined to one area; it’s a national issue that’s hampering…
