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By Kirti Srinivasan , 8 May 2025
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India’s Residential Market Cools but Holds Firm: Price Stability Signals Return of End-User Confidence

India’s major residential real estate markets are showing signs of a cooling phase, with price growth stabilizing after an extended surge between 2022 and 2024. According to new data, cities such as Mumbai, Delhi-NCR, Chennai, and Pune saw negligible movement in housing prices during the January–March 2025 quarter, while others like Bengaluru, Hyderabad, Ahmedabad, and Kolkata recorded moderate increases of 4–5 percent.

Tags

  • Real Estate
  • Business
By Gurminder Mangat , 8 May 2025
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Tata Chemicals Confronts Global Headwinds as FY25 Earnings Reflect Market Pressures

Tata Chemicals Ltd., a core entity of the USD 165 billion Tata Group, reported a consolidated net loss of Rs. 67 crore for the March quarter of FY25, highlighting a persistently challenging macroeconomic environment. The company’s performance, which once showed resilience through geographic diversification and a robust product mix, has been weighed down by weak global demand, pricing pressure, and operational restructuring, particularly the shutdown of its UK soda ash facility.

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  • Business
By Kirti Srinivasan , 8 May 2025
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Sify Technologies Secures Strategic Edge with NVIDIA DGX Certification Amid AI Infrastructure Boom

Sify Technologies, through its data center subsidiary Sify Infinit Spaces Ltd, has achieved a significant milestone by securing NVIDIA DGX-Ready Data Centre certification for liquid cooling at its Chennai and Noida facilities. This recognition follows a similar certification for its Mumbai data center, positioning Sify as the first Indian company with multiple NVIDIA-accredited AI-ready data centres.

Tags

  • Technology Sector
  • AI
By Manbir Sandhu , 8 May 2025
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Shiplog Secures Rs. 6.5 Crore Seed Funding to Power AI-Led Logistics Expansion

Gurugram-based logistics-tech startup Shiplog has raised Rs. 6.5 crore in a seed funding round led by the Deepak Bhagnani Family Office. The capital marks Shiplog's first external investment since its launch in 2022 and will support expansion of its technological capabilities, workforce, and AI-based inventory management system. Handling over 15,000 orders daily, Shiplog is positioning itself as a leader in rapid delivery solutions across the Delhi-NCR region, the country’s largest quick commerce market.

Tags

  • Logistics
  • Business
By Vrinda Chaturvedi , 7 May 2025
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Piramal Enterprises Charts Post-Transition Strategy Amid Profit Dip and Market Pressure

Piramal Enterprises Ltd. reported a 25% year-over-year decline in consolidated net profit for the March quarter, closing at Rs. 102 crore compared to Rs. 137 crore in the same period last year. Despite the quarterly decline, the company posted a full-year profit of Rs. 485 crore for FY25, a strong recovery from a Rs. 1,684 crore loss in the previous fiscal. With a strategic pivot toward retail lending and small-ticket loans, Piramal is aiming to triple its net profit to Rs. 1,500 crore by FY26.

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  • Financial Sector
  • Business
By Shilpa Reddy , 7 May 2025
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Freight Trends Hold Steady in April Despite Rising Costs, Signaling Resilient Underlying Demand

India’s freight and logistics sector maintained stable momentum in April, with truck rentals largely flat on most key trade corridors despite a 5–10% rise in toll charges across several routes. A seasonal surge in goods movement, particularly summer produce, helped cushion the impact of rising operational costs. While certain routes experienced marginal fluctuations—such as a 2.5% rise on the Delhi–Chennai axis and a 1.6% dip on the Delhi–Bengaluru stretch—the broader market remained steady.

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  • Transport
By Geeta Maurya , 7 May 2025
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House of Himalayas: From Hill Farms to Airport Shelves, A New Economic Narrative for Uttarakhand

In a strategic move to elevate Uttarakhand's local economy and promote indigenous products, Union Minister Shivraj Singh Chouhan inaugurated a flagship outlet of House of Himalayas—an umbrella brand for hill-based goods—at Jolly Grant Airport. This initiative, aimed at expanding market access for regional farmers and artisans, also includes plans to establish a Centre of Excellence for research and promotion.

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  • Retail
By Vrinda Chaturvedi , 7 May 2025
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Paytm Eyes Profitability Amid Strategic Restructuring and Cost Optimization

Fintech major One97 Communications Ltd., the parent company of Paytm, is on the cusp of turning profitable as early as the next quarter, signaling a potential turning point for one of India’s most closely watched digital payments companies. Despite a consolidated loss of Rs. 545 crore in Q4 FY25, largely due to non-operational expenses, the firm has reported encouraging operational metrics, including an Rs. 81 crore profit before ESOP-related charges.

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  • Technology Sector
By Anant Kumar , 7 May 2025
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Diljit Dosanjh’s Met Gala Debut: A Financially Empowered Ode to Heritage and Global Identity

Diljit Dosanjh, a Punjabi music sensation with global acclaim, made his debut at the 2025 Met Gala, commanding attention not only for his genre-defying music but for his meticulously curated ensemble that honored Indian royalty and Sikh heritage. Dressed in a regal ivory-and-gold sherwani designed by Prabal Gurung, Dosanjh paid tribute to the flamboyant Maharaja of Patiala, blending traditional Indian motifs with contemporary fashion sensibilities. His bold sartorial choice exemplifies cultural pride in a globalized fashion arena.

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  • Entertainment
  • Indian Celebrities
By Shilpa Reddy , 7 May 2025
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When Algorithms Collide with Celebrity: The Social Media Storm Surrounding Virat Kohli and Rahul Vaidya

In a bizarre collision of social media dynamics, celebrity ego, and fan fervor, Indian singer Rahul Vaidya stirred controversy by calling cricket superstar Virat Kohli a “joker,” igniting a digital firestorm. The uproar began after Kohli inadvertently “liked” a post featuring actress Avneet Kaur, an action he later attributed to Instagram’s algorithm. Vaidya publicly mocked this explanation, triggering backlash from Kohli’s loyal fanbase. As the situation escalated, Kohli reportedly blocked Vaidya on Instagram—though the singer sarcastically blamed the platform’s algorithm again.

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  • Cricket
  • Indian Celebrities

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