Nexus Select Trust is reportedly set to acquire a major mixed-use property in Guwahati for about ₹1,300 crore. The move comes as Inorbit Malls expands its mall footprint across Tier 2 cities. Developers are increasingly focusing on these markets, attracted by faster consumption growth and comparatively lower acquisition costs.
OpenAI has reached major terms with Microsoft, its largest shareholder, clearing the way for OpenAI products to be sold on AWS. In return, Microsoft gains more cash under an updated revenue share arrangement tied to OpenAI’s sales. The change effectively resolves the legal friction that had threatened execution of the broader $50B Amazon-related direction.
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Actis has kicked off the $2 billion sale of BluPine Energy, its 4 gigawatt Indian renewable platform. Standard Chartered Bank is advising the transaction as investors continue seeking exits in a steady renewables deal market. The move follows Actis’s prior successful India sales of renewable assets, signaling sustained churn in the sector.
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