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By Kirti Srinivasan , 19 April 2025
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Goa’s Hospitality Sector Boosted by State Budget: 50% GST Rebate and Infrastructure Incentives for Hinterland Investment

Goa’s hospitality industry has welcomed the state government's announcement in the recent budget to incentivize hotel and medical tourism investments in the state’s hinterland. Chief Minister Pramod Sawant outlined a 50% Goods and Services Tax (GST) rebate, along with exemptions in stamp duty, registration, and processing charges for investors who develop hotels or hospitals in rural talukas. This move is expected to bolster tourism infrastructure, encourage eco-tourism, and stimulate local employment.

Tags

  • Hospitality Sector
By Gurminder Mangat , 19 April 2025
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Heineken’s Strategic Growth in India: Challenges and Opportunities Amidst Market Dynamics

Heineken NV has reported a modest increase in its beer sales in India, with a mid-single-digit rise in volume for the latest quarter. While the company slightly lagged the market growth due to temporary supply issues in one major state, its organic net revenue grew in the low teens. Heineken’s strategy of focusing on premium products like Heineken Silver and Kingfisher Ultra is showing promise, with the premium segment growing by 20%.

Tags

  • Business
By Kirti Srinivasan , 18 April 2025
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Adulterated Paneer Served at Gauri Khan’s Restaurant: Rising Health Concerns Around Additives in Restaurant Dairy

A viral video by influencer Sarthak Sachdeva alleging “fake paneer” at a high-end Mumbai restaurant has reignited public scrutiny around the quality of paneer served in Indian eateries. While the restaurant clarified its paneer contains soy, the controversy has highlighted a broader, more troubling industry trend: the widespread use of adulterants and additives in dairy products. Experts warn that such ingredients not only compromise nutritional value but may also pose health risks over time.

Tags

  • Entertainment
By Kirti Srinivasan , 18 April 2025
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Aamir Khan's 'Sitaare Zameen Par' Set to Illuminate Theatres on June 20, 2025

Bollywood superstar Aamir Khan is poised for a significant return to the silver screen with his upcoming film, Sitaare Zameen Par, scheduled for release on June 20, 2025. Directed by R. S. Prasanna and produced by Khan and Kiran Rao, the film is a Hindi-language sports drama inspired by the 2018 Spanish film Champions. The narrative delves into themes of Down syndrome and inclusive sports, marking a poignant continuation of Khan's legacy in socially conscious cinema. The film also stars Genelia Deshmukh, marking their first collaboration.

Tags

  • Entertainment
By Manbir Sandhu , 18 April 2025
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Breaking the Myths: Karan Johar’s Weight Loss Sparks Conversation on Health, Discipline, and Misinformation

Renowned filmmaker and media mogul Karan Johar has addressed widespread speculation about his recent physical transformation, firmly denying the use of Ozempic—a diabetes medication controversially repurposed by some for weight loss. Johar clarified during an Instagram Live session that his fitness journey was achieved through disciplined eating, portion control, and consistent physical activity. At 51, Johar says he's in peak health, driven by a personal decision to correct his blood parameters.

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  • Entertainment
By Gurminder Mangat , 18 April 2025
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Isuzu Motors India’s Export Surge Highlights Growing Global Footprint in FY25

Isuzu Motors India has reported a remarkable 24% increase in its commercial vehicle (CV) exports, reaching 20,312 units in FY25, up from 16,329 units the previous year. This growth positions Isuzu as the leader among CV exporters in India. The company has significantly leveraged its manufacturing facility in Sri City, Andhra Pradesh, to cater to markets across Asia, the Middle East, and beyond.

Tags

  • Automobiles
  • Business
By Vinod Pathak , 18 April 2025
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India's M&A and PE Transactions Surge in Q1 2025, Fueling Investor Optimism Amid Market Shifts

India’s mergers and acquisitions (M&A) and private equity (PE) deal activity surged in the first quarter of 2025, according to Grant Thornton Bharat’s Dealtracker report. The quarter witnessed 669 deals worth USD 29 billion, marking the highest quarterly volumes since Q1 2022 and the highest values since Q3 2022. Domestic transactions led the way, with M&A activity reaching an all-time high. Private equity also saw robust growth, spurred by significant investments in early-stage funding and high-value deals.

Tags

  • Equity
  • Investment
By Vinod Pathak , 18 April 2025
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Zaggle Secures TPAP Approval from NPCI, Revolutionizing UPI-based Payment Solutions

Zaggle Prepaid Ocean Services Limited, a prominent spend management company, has secured Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI). This milestone enables Zaggle to offer Unified Payments Interface (UPI)-based payment solutions directly through its platform, catering to over 3 million engaged users. The approval marks a significant expansion in Zaggle's offerings, integrating payments, expense management, and financial services into one seamless experience.

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  • Technology Sector
By Gurminder Mangat , 18 April 2025
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DLF Sells Kolkata IT-SEZ for Rs. 693 Crore: Strategic Move to Monetize Commercial Assets

DLF, India’s largest real estate firm by market capitalization, has sold its IT-ITeS Special Economic Zone (SEZ) project in Kolkata to Srijan Group for Rs. 693 crore. The deal, part of DLF's broader strategy to monetize its commercial assets, includes the sale of a 25.90-acre freehold land parcel along with the DLF Tech Park, which offers a gross leasable area of 10.54 lakh square feet. This transaction follows a similar move last year when DLF's joint venture DCCDL sold another IT park in Kolkata. The company continues to reshape its portfolio to focus on its core business segments.

Tags

  • Real Estate
  • Business
By Manbir Sandhu , 18 April 2025
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$240 Billion Investment in Asia-Pacific and Middle East Airports to Boost Capacity and Economic Growth

Airports in the Asia-Pacific and Middle East regions are set to receive a massive investment of USD 240 billion over the next decade, with the aim of boosting passenger and cargo capacity. According to Airports Council International (ACI), the investment will support the modernization of existing airports and the development of new ones, creating an additional 1.24 billion passenger capacity and 71 million tonnes of cargo capacity. This infrastructure development is expected to foster significant economic growth, with a projected threefold increase in passenger traffic by 2053.

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  • Aviation

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