Category: Business
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Eraaya Lifespaces Limited Renamed as Ebix Limited, Marking a New Phase of Global Growth and Value Creation
New Delhi, June 18: Eraaya Lifespaces Limited today announced that it has formally changed its name to Ebix Limited, following receipt of all requisite approvals from the Ministry of Corporate Affairs. The renaming marks a defining milestone in the Company’s evolution and reflects the successful completion of a transformational journey that began with the acquisition of…
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Report Says India Effectively Managing Global Energy Shock
New Delhi, June 18: India has successfully navigated the challenges posed by the recent global energy shock, according to a new report that highlights the country’s resilience amid volatile international fuel prices and supply disruptions. The report notes that despite significant fluctuations in global energy markets, India has managed to maintain stability in energy availability…
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Wood Mackenzie: Orbital Data Centres Cost Three Times More Than Terrestrial Alternatives as Global Power Demand Heads for 3,700 TWh
LONDON/HOUSTON/SINGAPORE, June 18: The next generation of AI agents could consume between 10,000 and 40,000 times more computing power per task than today’s chatbots. That pressure is pushing some of the world’s largest technology companies to consider putting their data centres in space. A new report from Wood Mackenzie finds they face a significant cost…
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Power Demand in India Expected to Rise Up to 7 pc in FY27
New Delhi, June 18: India’s electricity demand is projected to grow by up to 7% in the financial year 2026–27, supported by robust economic activity, industrial expansion, and rising household consumption, according to a recent industry report. The anticipated growth reflects increasing energy requirements across manufacturing, infrastructure development, and the services sector, alongside continued urbanization and…
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Sensex, Nifty Advance on Strong Buying in PSU Banks and Healthcare Shares
Mumbai, June 18: India’s benchmark equity indices closed higher on the back of robust buying in public sector banking, healthcare, and realty stocks, reflecting continued investor confidence in key sectors of the economy. The BSE Sensex and NSE Nifty ended the session in positive territory, supported by broad-based gains across several sectors. Public sector banks emerged…
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The Spring Startup Surge: March overtakes January as Britain’s Most Popular Month to Start a Business, New Data Reveals
June 18: New analysis of more than 29,000 virtual office and registered address subscriptions has revealed that Britain experiences an annual spring startup surge. March has now overtaken January as the most popular month to start a business. The research was undertaken by Hoxton Mix, a virtual office and registered address solutions provider based in London. …
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NSE Flags Regulatory, Technology and AI Risks Ahead of IPO in DRHP
Mumbai, June 18: The National Stock Exchange of India (NSE) has outlined a range of regulatory, technological, and operational risks in its Draft Red Herring Prospectus (DRHP) filed in connection with its proposed initial public offering (IPO). According to the filing, the exchange faces potential challenges arising from evolving regulatory frameworks, technological disruptions, cybersecurity threats, and…
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OktoBuzz launches ‘The Zero Retainer’ as a bold bet on outcome-based marketing
Mumbai, June 18: OktoBuzz, the Mumbai-based brand solutions and strategic marketing agency known for its work with brands like Westside, Aldo, Bath and Body Works, Hamleys India, Godrej Locks and Amazon Audible, today announced the launch of ‘The Zero Retainer’, an industry-first initiative challenging the decades-old fixed-retainer model that has long defined agency-client relationships. In the inaugural edition of ‘The Zero Retainer’, OktoBuzz will…
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Celebrate Father’s Day At Houdini With A Brunch Affair
Houdini, the restaurant and cocktail bar inspired by the legendary illusionist Harry Houdini, brings a fresh play to the Father’s Day weekend with its Sunday Brunch—an experience that brings together comfort food, spirited pours, and a little bit of mischief. The brunch is designed as an easy, indulgent escape, where familiar favourites are reimagined with…
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BRICS Meet on MSME Ecosystem to Focus on Innovation and Global Growth
New Delhi, June 18: India will host a BRICS meeting on Friday aimed at developing a stronger and future-ready ecosystem for Micro, Small and Medium Enterprises (MSMEs), officials said. The meeting will bring together representatives from BRICS member countries to exchange views on improving the competitiveness, resilience, and global integration of MSMEs. It will focus…
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