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Reliance Industries Ltd (RIL) announced that its wholly owned subsidiary, Reliance Intelligence Ltd, has formed a new entity — Reliance Enterprise Intelligence Ltd (REIL) — in partnership with Meta Platforms’ subsidiary, Facebook Overseas Inc. The joint venture aims to deliver enterprise-grade AI services to help businesses accelerate digital…

Google has leased approximately 617,000 sq ft of premium office space at Atrium Place in Gurugram, marking one of the largest commercial real estate transactions in India this year, according to The Economic Times. The property is jointly developed by DLF and Hines, and the deal underscores Google’s…

Housing and Urban Development Corporation Ltd (HUDCO) has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to facilitate financing and development of port infrastructure projects worth ₹5,000 crore. The partnership underscores HUDCO’s expanding role in supporting large-scale national infrastructure projects that enhance India’s…

India’s real estate sector has recorded a seven-year high in fundraising, securing ₹23,080 crore through 12 major deals, underscoring sustained investor confidence and renewed capital inflows into property and infrastructure assets. Despite market volatility, the sector continues to attract long-term investors seeking both growth and stability. Record Fundraising…

Delphi World Money Limited, an RBI-authorized Category II Authorized Dealer, has launched a rights issue worth ₹99.76 crore to fund its next phase of growth in the travel-fintech ecosystem. The move underscores the company’s strategic transition from a traditional forex and remittance service provider to a comprehensive digital…

Swiss drugmaker Novartis has announced plans to acquire U.S.-based biotech firm Avidity Biosciences in an all-cash deal valued at approximately $12 billion, as part of its strategy to expand its pipeline of treatments for rare muscle and neuromuscular disorders. Under the terms of the agreement, Avidity shareholders will…

eClerx Services Ltd, a leading provider of business process management and analytics solutions, has announced a ₹300 crore share buyback programme, aiming to repurchase up to 6.66 lakh equity shares through a tender offer route. The proposal has been approved by the company’s Board of Directors and now…