US financial services company Charles Schwab has leased about 340,000 sft of office space in Hyderabad, with capacity to accommodate around 2,000 employees, according to documents sourced from real estate analytics platform Propstack.The brokerage firm had earlier incorporated a new legal entity, Charles Schwab Services India (Schwab India), and established an employment centre in Hyderabad.“The…
NEW DELHI: In a big relief for food businesses, the country’s food regulator has made licences valid for life.Under new rules notified by Food Safety and Standards Authority of India (FSSAI), food licences and registrations will now remain valid permanently, unless cancelled for violations. This means lakhs of restaurants, small eateries and vendors will no…
It’s no surprise that there’s a general pivot from blockchain to artificial intelligence right now. Every week brings another report of a company or person either leaving the cryptocurrency industry entirely or adding artificial intelligence to their portfolios. Bitcoin miners are moving away from mining to increasingly focus on AI infrastructure and venture capital firms…
The ongoing conflict in the Middle East could pose short-term challenges for the Indian economy by pushing up oil prices and disrupting trade flows, though the country’s long-term growth trajectory is unlikely to be significantly affected, according to Nagesh Kumar, an external member of the Reserve Bank of India’s Monetary Policy Committee (MPC).In an emailed…
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.To ensure that India remains an attractive and investor-friendly destination, the government reviews the FDI (Foreign Direct Investment) policy…
Asian Paints, Marico, Vodafone Idea and Tata Consumer Products are among the many companies that will announce the financial results for the third quarter of the current fiscal. Here are the analysts’ consensus estimates compiled by Bloomberg: Asian Paints’ consolidated Q3 estimates indicate modest year‑on‑year growth. Revenue is projected at Rs 9,035 crore versus Rs 8,526…
MUMBAI: GVK Group chairman GVK Reddy’s daughter Shalini Bhupal is set to buy out Indian Hotels’ 25.5% stake in Taj GVK Hotels & Resorts for Rs 592 crore, making her the company’s largest shareholder. Prior to the deal, Bhupal, who is also the MD of the Hyderabad-based hospitality player, owned just 5,000 shares or 0.01%…
With former Bangladesh PM Khaleda Zia reported to be in a very critical condition, PM Narendra Modi expressed concerns about her failing health and offered all possible assistance to her. Modi’s gesture is significant as Zia has had a troubled past with India in contrast to her rival Sheikh Hasina’s warm and friendly ties with…
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A decade from now, the fund you barely talked about will likely be the one that did most of the work. (AI image) Here’s a scene I’ve seen many times.A new investor starts a SIP. Within a month, the portfolio already has seven funds: a mid-cap, a small-cap, a PSU theme, a “manufacturing” theme, an…
