Business

Billionaire Uday Kotak and family buy nearly all of 19 Shiv Sagar building in Worli for over Rs 426 crore, setting new luxury real estate benchmarks in Mumbai. Source

Infrastructure News: Indian Railways is constructing its first dedicated Vande Bharat Express maintenance depot in Bhagat Ki Kothi, Jodhpur, expected to be operational by Source

Eloelo has bagged ₹114.3 crore in its Series B funding to expand into new markets and accelerate its monetisation efforts. The round was led by Singapore-based venture capital firm Play Ventures with participation from new and existing investors such as Kalaari Capital, Mixi Investments, Gameskraft Technologies, Griffin Gaming Partners and others. With this investment, Eloelo…

In just 48 hours, Avneet Kaur has amassed an incredible number of followers following Virat Kohli’s accidental ‘like’ on one of her fan page posts. Source

India Business News: India’s Russian crude oil imports soared to a 10-month high in May, reaching 1.96 million bpd, driven by discounted prices. Russia became India’s top Source

Chinese lenders, including Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. will report earnings as the US-China trade war threatens to erode their margins. Source

Ather Energy’s stock started the trade at Rs 326.05, up 1.57 per cent from the issue price on the BSE. Later, it climbed 3.70 per cent to Rs 332.90. Source

India Business News: The Indian rupee weakened to 85.60 against the US dollar on Tuesday, pressured by a stronger greenback and continuous foreign fund outflows. Domestic Source

Apple plans to relocate the robotics team from John Giannandrea’s AI organisation to the hardware division later this month, according to people with knowledge of the move. That will place it under Senior Vice President John Ternus, who oversees hardware engineering, said the people, who asked not to be identified because the change isn’t public.…

Gold prices surged by Rs 2500 in India amid India-Pakistan tension, with 24-carat gold at Rs 98,460 per 10g in Mumbai. Silver prices fell below Rs 1 lakh/kg. Source