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1 min read

Brookfield wants to buy mall-owner GGP for $14.8 billion

The combined company would own assets worth about $100 billion, Brookfield said, giving the asset m…

Akin Oyedele   


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1 min read

RCom’s unpaid loans could be termed NPAs, and banks are worried

In the recent past, three rating firms have downgraded the company's debt because of missed paym…

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1 min read

RCom plans to reduce debt by mid-2017 and seal three deals, including Aircel

These deals will help RCom reduce debt by 70% by 2018. RCom's debt stood at Rs 42,800 crore as of D…

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2 mins read

The rise of AI means the latest rally in utility stocks isn't the warning for investors it once was

"We are forecasting unprecedented growth in power demand from advanced manufacturing projects acros…

Matthew Fox   


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1 min read

Bill Ackman is planning to take Pershing Square public: report

Bill Ackman plans to take Pershing Square public and could score a roughly $10.5 billion valuation,…

Grace Eliza Goodwin   


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Eight days after blast, The Rameshwaram Cafe reopens to brisk business

ight days after it was shattered by a blast that left 10 persons injured, The Rameshwaram Cafe in t…

PTI   


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2 mins read

See the Charlie Brown-themed Thanksgiving feast that a zoo in Chicago is giving its lemurs

Zookeepers have thrown a Thanksgiving feast for its two lemurs, Ramses and Moses, every year for th…

Matthew Loh   


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3 mins read

Real estate hit its highs in 2023 but slipping PE investments a worry

A sharp rise in home sales as well rising office occupancies might be the talk of the town. Yet, pr…

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2 mins read

Real estate investment trust pitch for direct bank lending, classification as equity

Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get ac…

PTI   


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2 mins read

A shark pup that can 'walk' and was asexually conceived was just born at a Chicago-area zoo

The zoo, located just outside of Chicago, welcomed the pup on August 23 — but her mother had …

Sebastian Cahill   


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2 mins read

Private equity activity in real estate sector dips during April-June period

There was a slight decline in reported private equity (PE) deal activity in India during the first …

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2 mins read

QIP fundraising shines, cos garner Rs 50,200 cr in 2023

Fundraising through the issuance of shares to institutional investors skyrocketed, as companies rak…

PTI   


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2 mins read

This year could be the breaking point for commercial real estate distress, research firm says

Commercial real estate prices will plunge 20% as the sector faces an enormous pile of debt coming d…

Jennifer Sor   


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2 mins read

The commercial real estate market is wobbling, and 2 of the largest players are feeling the pain of higher rates and tighter credit

Two of the largest commercial real estate players are feeling the pain as brutal market conditions …

Jennifer Sor   


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4 mins read

Anant Ambani, Radhika Merchant's pre-wedding celebrations begin with 'anna seva'

The pre-wedding festivities of Reliance Industries Chairman Mukesh Ambani'who is set to tie the kno…

ANI   


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1 min read

An off-duty firefighter rescued an injured woman from a car wreck who 'would have burned to death,' officials said

"I was just yelling, 'You got to work with me because we are running out of time here,'" the firefi…

Katie Balevic   


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2 mins read

Get ready to buy Shein clothes in Forever 21 stores

E-commerce platform Shein is joining fast-fashion forces with Forever 21. Shoppers could soon buy S…

Grace Mayer   


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9 mins read

The good news is, only old office buildings are doomed. The bad news is, that's 70% of them.

To battle remote work, companies are moving into fancy offices. That's good news for employees — an…

Daniel Geiger