Business
TCS Signs ₹2,130 Crore Deal: Bengaluru IT Boom Continues
TCS secured India's largest office deal with a ₹2,130 crore lease for 1.4 million sq ft in Bengaluru's Electronic City. The 15-year agreement reflects strong IT sector confidence and Bengaluru's growing status as India's premier technology hub.
Qatar Fund Takes Byju’s Founder to Court for $235 Million
Qatar Holding has moved Karnataka High Court to enforce a $235 million arbitration award against Byju's founder Byju Raveendran following loan defaults. The Qatar sovereign wealth fund seeks personal asset recovery after terminating a financing deal in February 2024, with interest charges now exceeding $14 million additional.
Indian Billionaire Faces $35B Bank Fraud Charges in Major Case
India's CBI filed fraud charges against billionaire Anil Ambani and RCom over $350 million in bank losses. Multiple banks including SBI declared accounts fraudulent after alleged loan violations and misrepresentation of credit facilities.
Dream11 Ends $43M India Cricket Deal After Gaming Ban
Dream11 exits its $43 million BCCI jersey sponsorship deal following India's new Online Gaming Bill 2025. The legislation bans real-money gaming platforms, forcing the fantasy sports giant to abandon its three-year cricket partnership and leaving India's national team without a main sponsor.
Free Atal Setu Rides: Maharashtra Goes Green With EV Toll Cuts
Maharashtra grants five-year toll exemption for electric vehicles on Atal Setu, Mumbai-Pune Expressway, and Samruddhi Highway. EV owners save ₹90,000 annually while supporting India's clean transport goals. This policy boosts the country's rapidly growing electric vehicle market, projected to reach $117.78 billion by 2032.
