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Port City Colombo targets India as key growth partner

Sri Lanka, July 16 -- The $15-billion Port City Colombo, a special economic zone (SEZ) in Sri Lanka, is placing India at the centre of its growth strategy. India which is the South Asian country's big... Read More


Ghaziabad man allegedly shoots father dead in Rs 150 crore property dispute

India, July 16 -- A property dispute turned fatal in Uttar Pradesh's Ghaziabad after a 32-year-old man allegedly shot his father dead over a disagreement involving family assets worth around Rs.150 cr... Read More


Billionaire Kirima's firm locked in rental income tax row

Nairobi, July 16 -- A company linked to the estate of the late billionaire businessman and former Starehe MP Gerishon Kamau Kirima, Kirima & Sons Limited, is embroiled in a Sh52.8 million rental incom... Read More


Govt's Failure to Revise Rates Will Cost Kashmir Its Short Working Window: Sajad Lone

Jammu, July 16 -- Share Tweet Share Srinagar, July 16(KNS): Peoples Conference President and MLA Handwara Sajad Lone has raised concerns over the stalled execution of developmental works in Kashmir, p... Read More


Rs.3 Crore Restoration of Historic South Goa Comunidade Building Begins, Completion Expected by December

Goa, July 15 -- Restoration work on the historic South Goa Comunidade Building has commenced, with the project being undertaken at an estimated cost of Rs.3 crore to preserve one of the region's promi... Read More


Tata Elxsi clocks over 18% YoY rise in Q1 PAT; records EBITDA of Rs 216 crore

Mumbai, July 15 -- While EBITDA improved by 15.7% year-on-year (YoY) to Rs 216 crore, EBITDA margin was 21.2% in Q1 FY27 as against 20.9% in Q1 FY26. Profit before tax in Q1 FY27 stood at Rs 232.5 cr... Read More


Cabinet approves two Rs 25,445.96 crore elevated corridor projects to cut travel time in Varanasi, reduce congestion

New Delhi, July 15 -- The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved two major elevated corridor projects worth Rs 25,445.96 crore for Varanasi, aimed at easing traffic congestio... Read More


Sanwo-Olu, officials visit flood-hit Lagos communities, reassures residents

Nigeria, July 15 -- Lagos State Governor Babajide Sanwo-Olu on Wednesday visited several communities devastated by recent flooding in Eti-Osa Local Government Area, as residents called for urgent and ... Read More


Mylan exits Biocon with Rs 3,679 crore block deal; ICICI Prudential MF emerges largest buyer

Mumbai, July 15 -- Mylan sold around 9.19 crore shares, representing its entire 5.64% stake, at Rs 400 per share across the BSE and NSE. The block deal witnessed strong participation from domestic an... Read More


India launches Index of Services Production

Mumbai, July 15 -- India has launched the Index of Services Production (ISP), India's first high-frequency macroeconomic indicator to measure the performance of the country's services sector. Data out... Read More