Business News

Business

IIFL Secures $100 Million from AIIB to Fuel Affordable and Green Housing in India

IIFL Home Finance secures $100 million from AIIB to expand affordable housing loans and promote green building standards in India, benefiting economically weaker sections and suppo...

Business

Vaaree Secures $4.6 Million in Funding to Revolutionize Home Décor with AI and Fast Delivery

Bengaluru's Vaaree raises $4.6M to scale its AI-powered home décor platform, aiming for next-day deliveries and deeper market penetration in India's booming home décor sector.

Business

Maharashtra's Hospitality Sector Strikes Back: Bars and Permit Rooms to Close in Protest Against 'Draconian' Tax Hikes

Maharashtra's hospitality sector, including over 20,000 bars and permit rooms, will shut down on July 14 to protest against steep tax hikes by the state government, threatening the...

Business

Festive Season Hiring Boom: E-Commerce Giants Lead with Over 75,000 New Jobs Amid Sales Recovery Hopes

This festive season, e-commerce and logistics sectors are leading a 20-25% surge in hiring, with over 75,000 new jobs anticipated. Companies across retail, consumer goods, and elec...

Business

Kumar Mangalam Birla Joins USISPF Board, Pledges to Expand Aditya Birla Group's Greenfield Investments in the US

Kumar Mangalam Birla joins the USISPF board, reinforcing Aditya Birla Group's commitment to expanding its greenfield investments in the US. Recognized for strengthening US-India ti...

Business

Tragedy in the Skies: Boeing Pledges Support as AAIB Reveals Shocking Details of Air India Flight AI171 Crash

Boeing supports the investigation into the Air India Flight AI171 crash after AAIB's preliminary report reveals a dual engine failure led to the tragedy, claiming 260 lives. The fi...

Business

Flipkart Announces $50 Million Employee Stock Buyback, Over 7,000 Employees to Benefit Ahead of IPO

Flipkart announces a $50 million employee stock buyback, benefiting over 7,000 employees as part of its IPO preparations. The buyback allows liquidating up to 5% of vested options ...

Business

US Embassy Warns: Visa Holders Must Comply or Face Revocation and Deportation

The US Embassy in India warns visa holders of continuous screening and the necessity to comply with US laws, including disclosing social media details, to avoid revocation and depo...