Connaught Place world’s ninth most expensive office location; Mumbai’s BKC slips to 26th, says CBRE report

Connaught Place world’s ninth most expensive office location; Mumbai’s BKC slips to 26th, says CBRE report

New Delhi: New Delhi’s Connaught Place has moved one position higher to become ninth most expensive office location in the world with an annual rent of $153 per sq ft, according to property consultant CBRE. Mumbai’s Bandra Kurla Complex (BKC)...
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Murdoch’s Fox increases Sky bid to £24.5bn in takeover battle

Murdoch’s Fox increases Sky bid to £24.5bn in takeover battle

Image copyright Sky Rupert Murdoch’s 21st Century Fox has increased its offer for UK broadcaster Sky to £24.5bn. This tops a previous offer from rival bidder Comcast and is part of an escalating battle between media giants, including Disney. Fox...
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China ‘shocked’ by US actions in trade dispute

China ‘shocked’ by US actions in trade dispute

Image copyright Getty Images China said it is “shocked” after the US announced plans for fresh tariffs, escalating a trade war between the two countries. The US listed $200bn (£150bn) worth of additional products it intends to place tariffs on...
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Auto component industry to grow at 10-12% CAGR in long term, says Icra report

Auto component industry to grow at 10-12% CAGR in long term, says Icra report

Mumbai: The auto component industry is likely to grow at 10-12 percent annually in the long term onrising rural income, higher disposable income and continued infrastructure activity, according to a report. “We expect a long-term compounded annual growth...
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Wedding and weather lift economy in May

Wedding and weather lift economy in May

Image copyright PA The UK’s economy grew by 0.3% in May, helped by the royal wedding and warm weather, latest figures show. The latest assessment by the Office for National Statistics marks a change in the way the UK’s GDP...
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Five things enjoying a World Cup bonanza

Five things enjoying a World Cup bonanza

Image copyright Getty Images With England’s next World Cup match only a matter of hours away, plenty of fans have already bought their inflatable hands, red-and-white bunting and supplies of beer. In the run-up to a World Cup retailers take...
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Foreign portfolio investors infuse Rs 3,000-cr in just five trading sessions

Foreign portfolio investors infuse Rs 3,000-cr in just five trading sessions

New Delhi: Foreign investors have pumped in over Rs 3,000 crore in the Indian capital markets in the last five trading sessions after pulling out hefty funds during April-June. The recent infusion comes following a net outflow of more than...
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Danone investigating Aptamil baby milk formula complaints

Danone investigating Aptamil baby milk formula complaints

French food giant Danone is looking into reports that its Aptamil baby milk formula is making some infants ill. Aptamil recently changed the recipe of three of its baby milk formulas. Hundreds of parents in the UK have complained on...
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Nissan admits falsifying emissions tests in Japan

Nissan admits falsifying emissions tests in Japan

Image copyright Getty Images Nissan has admitted that it has uncovered falsified data from car exhaust emissions tests at most of its Japanese factories. The firm did not disclose how many cars were involved, but said emissions and fuel economy...
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Iran calls for EU help as shipping giant pulls out for fear of U.S. sanctions

Iran calls for EU help as shipping giant pulls out for fear of U.S. sanctions

By Leigh Thomas and Bozorgmehr Sharafedin AIX-EN-PROVENCE, France/LONDON (Reuters) – One of the world’s biggest cargo shippers announced on Saturday it was pulling out of Iran for fear of becoming entangled in U.S. sanctions, and President Hassan R...
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