March 2025 – Page 33 – storyboard18

Mumbai’s Worli property prices zoom 30%, registers over Rs 4,000 cr of ultra-luxury deals

The average price per square foot in Worli has surged to Rs 75,000 in the past two years.

Several real estate behemoths have infused capital to build luxury projects such as Lodha The World Towers, Birla Niyaara, Oberoi Three Sixty West, and Raheja Imperia at Mumbai’s Worli

Leo Puri resigns as Independent Director of Hindustan Unilever Limited

Puri, who has been associated with HUL since October 12, 2018, was reappointed for another term starting October 12, 2023.

Puri has stepped down due to increasing board commitments, including a proposed appointment to the board of a global entity, and compliance with the European Corporate Governance regulations regarding board memberships.

Jio-SpaceX Starlink agreement: Key details and what to expect

In addition to offering Starlink equipment, Jio plans to establish support mechanisms for customer service, installation, and activation.

Jio Platforms announced that Starlink solutions will be available through its retail outlets and online platforms.

Intel appoints Lip-Bu Tan as its new CEO

Lip-Bu Tan previously served as CEO of Cadence Design Systems from 2009 to 2021, spearheading a cultural and business transformation that resulted in a 3,200% increase in stock price appreciation and significant revenue growth. (Image: Intel)

Veteran semiconductor leader to take the helm on March 18, succeeding interim Co-CEOs.

Ola Electric gears up for motorcycle deliveries; aims for profitability by Q1 FY26

Ola Electric remains committed to enhancing operational efficiency and expanding its product range, including its upcoming motorcycles.

Ola Electric reported a 28% market share in February and anticipates sustained momentum through March. With new product launches, the company expects further gains in the upcoming financial year.

Temasek buys 10% stake in Haldiram’s snacks business for Rs 8,500 cr

In 2024, Delhi and Nagpur branches of the business were merged into a new company called Haldiram Snack Foods Private Limited (HSFPL) (Image source: Moneycontrol)

Haldiram’s is likely to sell a 5 percent stake to Blackstone and consortium partners Abu Dhabi Investment Authority and Singapore’s GIC or Alphawave Global

Meta and Google clash over new child safety law on app downloads

The law shifts the responsibility of age verification from individual apps to the app stores, such as Google Play and Apple's App Store.

Utah has become the first state to pass a law enforcing Meta’s proposed approach, with other states now considering similar regulations. The legislation is backed by Meta, Snap, and X, who argue it gives parents more control over their children’s digital habits.

Month: March 2025