 "Morgan Stanley’s record 1.1 million square feet lease in Mumbai signifies a major shift in India’s commercial real estate landscape.")
Morgan Stanley has made a significant move in the Indian commercial real estate Market by leasing 1.1 million square feet of office space in Goregaon, Mumbai. This nearly 10-year lease, valued at over Rs 2,122 crore, is one of the largest office deals in India for 2024. The bank has rented 16 floors of the ...
Chief Minister M K Stalin has criticized the Indian government’s proposal for simultaneous elections, calling it impractical and a distraction. In his remarks on social media, Stalin argued that the idea of “One Nation, One Election” overlooks the complexities of India’s diverse electoral landscape and threatens federalism. He pointed out the logistical challenges of aligning ...
 "Top private equity firms, led by India-based executives, pivot towards India amid declining opportunities in China and Southeast Asia.")
Leading private equity firms like Blackstone and KKR are increasingly focusing on India, driven by a surge in significant transactions. Senior leaders are now based in the country to oversee regional investments. For example, Amit Dixit, who heads Blackstone’s Asia operations, has extensive experience in South Asia. KKR recently appointed Gaurav Trehan as Co-Head of ...
Former Odisha Chief Minister Naveen Patnaik has expressed his pride in the state’s economic growth from 2000 to 2024, as detailed in a recent report by the Economic Advisory Council to the Prime Minister. Patnaik, who led the state during this time, attributes Odisha’s success to inclusive policies and careful economic management. The report highlights ...
 "Tragic death of auditor Anna Perayil sparks investigation into exploitative work conditions at EY India, highlighting disturbing corporate culture concerns.")
The Indian government has launched a detailed investigation into the allegations made by Anna Sebastian Perayil’s mother regarding an exploitative work environment at EY India. Anna, a member of the audit team in Pune, tragically passed away in July. Her mother, Anita Augustine, claimed that the intense work stress contributed to her death. Minister of ...
Harjinder Singh Dhami, president of the Shiromani Gurdwara Parbandhak Committee (SGPC), praised Congress leader Rahul Gandhi for his comments on Sikh rights, stating that while he isn’t an advocate for Gandhi, he appreciates genuine recognition of Sikh issues. Dhami criticized the Congress party for its historical discrimination against Sikhs, notably referencing the tragic events of ...
 "Hero MotoCorp plans to launch VIDA V1 electric scooters in Europe, seizing opportunities amid changing trade dynamics and growing EV demand.")
Hero MotoCorp is poised to expand into developed markets, launching its VIDA V1 electric scooters in the UK, France, and Spain by mid-2025. This marks the company’s first entry into these European regions, aiming to meet the increasing demand for electric vehicles. The launch aligns with ongoing discussions for a free trade agreement between India ...
Several districts in south Bengal are facing a serious flood-like situation after the Damodar Valley Corporation released a massive 2.5 lakh cusecs of water, the highest amount since 2009. West Bengal Chief Minister Mamata Banerjee accused the DVC of causing this man-made flood and highlighted that it was done to protect Jharkhand at the expense ...
 "Bengaluru’s wealthy elite surges, with a forecasted 150% increase in centi-millionaires, igniting a battle for resources amid dramatic growth.")
Bengaluru is witnessing an impressive surge in its ultra-wealthy population, expecting a 150 percent increase in centi-millionaires over the next 16 years. Currently, the city boasts about 13,200 millionaires with a total investable wealth of Rs 800 crore. This growth reflects a trend seen globally, where the centi-millionaire population has surged by 54 percent in ...
Arvind Kejriwal, the leader of the Aam Aadmi Party (AAP), recently resigned as the Chief Minister of Delhi and plans to give up all government benefits, including his security and official residence, in 15 days. AAP leader Sanjay Singh emphasized that Kejriwal wants to live among the people, contrasting his actions with other politicians who ...
