Watertown Firm Buys Southbridge Apartments for $8M
A Watertown-based real estate company has recently acquired 11 apartment buildings in Southbridge, Massachusetts, for nearly $8 million. This strategic purchase, finalized on June...
Month : June 2024
US Sanctions Boeing Over 737 Max Investigation Leak
The US government has taken a strong stance against Boeing by imposing sanctions on the aerospace giant for allegedly leaking confidential information related to the...
Amazon Workers Walk Out Over Return-to-Work and Layoffs
Discontent is brewing amongst Amazon warehouse employees across the United States. Following recent announcements from the company mandating a return to in-person work and potential...
Musk Reclaims Richest Person Title, Banga Nominated
In a significant power shift within the global business landscape, Elon Musk has reclaimed the title of the world’s richest person, surpassing luxury goods magnate...
Indian Telecom Gears Up for 5G with Price Hike
Airtel and Vi, two major Indian telecom players, have joined Reliance Jio in raising mobile service tariffs by 10-27%. This price hike is seen as...
Dr. Reddy’s Acquires Haleon’s NRT Portfolio for £500
Indian pharmaceutical giant Dr. Reddy’s Laboratories Ltd. has signed a definitive agreement to acquire the Nutritionals, Restoratives, and Digestive (NRT) portfolio of British healthcare company...
US Seeks Streamlined Security Screening with India
The US Transportation Security Administration (TSA) is proposing a new initiative to expedite travel between the United States and India. The proposal involves a one-stop...
GST Lexicon Expands: “As is Where is” Clause Added
The Indian government has introduced a new clause, “as is where is,” within the Goods and Services Tax (GST) framework. This clause aims to...
Adani Group Payment Lags Behind Peers
The Adani Group, one of India’s largest conglomerates, has come under scrutiny for its relatively low contribution to the government’s coffers in FY24. Reports suggest...
Foreign Investors Return: FPI Inflows Surge in June
After a period of net outflows, Foreign Portfolio Investors (FPIs) have returned to the Indian stock market in a big way. According to data from...