Arvind SmartSpaces acquired a new residential high-rise project in Whitefield, Bengaluru, with a top-line potential of ₹330 crore. This is their third high-rise project in FY26.
Under the multi-year alliance, Incora will work with Infosys to implement AI-enabled capabilities supporting its operations across more than 60 countries.
US stock futures were steady as investors considered Trump’s comments on a possible end to the Iran conflict. Oil prices dropped sharply, with WTI crude down 6% and Brent crude down 7%.
IndiGo CEO Pieter Elbers has stepped down with immediate effect citing personal reasons. Sources tell CNBC-TV18 the board has identified a successor, while Rahul Bhatia will oversee operations during the transition.
Indian refiners, including Indian Oil Corp. and Reliance Industries Ltd., have bought 30 million barrels of Russian oil after the US allowed purchases to address Middle Eastern supply shortfalls.
The National Stock Exchange of India Ltd has asked brokers to submit details of excess Securities Transaction Tax collected for FY2023-24 and earlier, and remit the amount with 1% monthly interest for delays.
Building on Monday’s sharp intraday recovery, the Nifty extended its pullback amid strong global cues, reclaiming over 500 points from Monday’s low of 23,697.
Bill Ackman’s Pershing Square filed for IPOs of his hedge fund and new fund Pershing Square USA, aiming to raise $5-10 billion by selling shares at $50 each.
Rahul Bhatia, MD at InterGlobe Aviation, addressed staff on December’s disruptions post CEO Pieter Elbers’ resignation, stressing operational stability and customer trust. IndiGo shares rose pre-board meeting.
Polycab India’s tax demand for AY 2024-25 was cut from ₹327.45 crore to ₹57.58 crore by the Deputy Commissioner of Income-Tax, Mumbai. Polycab plans to appeal further.