Category Archives: business

Apple renews lease, expands office space in Mumbai’s BKC

**Apple Renews Lease, Expands Office Space in Mumbai’s BKC**

*By Akash Pandey | Sep 19, 2025, 01:31 PM*

**Overview**

Tech giant Apple has renewed and expanded its office lease at Maker Maxity, a prominent commercial tower located in Mumbai’s Bandra-Kurla Complex (BKC). This move underscores Apple’s growing business operations in India and its commitment to strengthening its presence in the country’s financial capital.

**Lease Expansion Details**

Apple now occupies five floors at Maker Maxity. The renewed lease covers office units on the 5th, 6th, 7th, and 8th floors of the building. Additionally, the company has signed a new lease agreement for the entire 10th floor, including the terrace area.

In total, Apple’s leased area in the building has expanded to 37,549 square feet across these five floors.

**Rental Agreement and Terms**

According to the lease agreement, Apple will pay a monthly rent of ₹2.55 crore starting June 2026. This rate translates to ₹660 per square foot per month. The lease term is set for 55 months with an annual rental escalation of 4%.

Apple has also paid a security deposit of ₹22.76 crore to the lessor, Agni Commex LLP, as part of the deal.

**Strategic Growth in India**

Apple’s expansion in Mumbai is part of its broader strategy to increase its footprint in India. Over the past two years, the company has opened two company-owned retail stores in Mumbai and Delhi.

In line with its global supply-chain diversification strategy, Apple has also been strengthening manufacturing partnerships within the country.

**Growing Presence Across India**

Beyond Mumbai and Delhi, Apple recently launched a third exclusive retail store in Bengaluru and plans to open additional outlets in Pune, Noida, and Borivali.

On the corporate front, the company maintains a large office in Bengaluru, has leased over 64,000 square feet in Hyderabad, and operates offices in Gurugram and Mumbai.

Apple’s lease renewal and expansion at Maker Maxity signify the company’s continued confidence and long-term commitment to the Indian market as it deepens its operational and retail footprint across the country.
https://www.newsbytesapp.com/news/business/apple-strengthens-mumbai-presence-with-lease-renewal-new-floor/story

Vodafone Idea shares rise 9% as Centre seeks AGR solution

**Vodafone Idea Shares Rise 9% as Centre Seeks AGR Solution**

*By Mudit Dube | Sep 19, 2025, 01:27 PM*

Vodafone Idea’s shares surged by a significant 9% on Friday following a positive indication from the Indian government regarding the telecom company’s plea related to Adjusted Gross Revenue (AGR).

The Centre informed the Supreme Court that it was not opposing Vodafone Idea’s request and acknowledged that “some solution is required.” This development has brought much-needed relief to the beleaguered telecom operator, whose financial health has been under severe strain due to AGR-related dues.

**Government Stance**

The Centre told the Supreme Court, “Not opposing Vodafone Idea plea, some solution is required, government is also an equity holder. Some solution may be required, subject to Supreme Court approval.”

This statement confirms that the government is not against the company’s request and recognizes its position as a key stakeholder in Vodafone Idea. The Supreme Court is scheduled to hear the case on September 26.

**Background of the Case**

The case stems from a Supreme Court order in March 2020, which upheld AGR dues up to the financial year 2017 and barred reassessment for those periods. Despite this ruling, the Department of Telecommunications (DoT) raised fresh claims for the financial years 2018 and 2019.

Vodafone Idea contends that much of the new demand overlaps with settled periods, making the additional claims contentious.

Following the conversion of dues amounting to ₹53,083 crore into equity, the government now owns 48.99% of Vodafone Idea.

With total AGR liabilities approaching ₹2 trillion, Vodafone Idea has warned that the additional claims could threaten its survival, impact 198 million subscribers, and put over 18,000 jobs at risk.

The telecom industry and investors alike are closely monitoring the Supreme Court’s upcoming hearing, hoping for a resolution that ensures the company’s sustainable future.
https://www.newsbytesapp.com/news/business/centre-urges-sc-for-agr-resolution-vodafone-idea-shares-surge/story

Buy Adani Power today to qualify for 1:5 stock split

**Buy Adani Power Today to Qualify for 1:5 Stock Split**

*By Mudit Dube | Sep 19, 2025, 01:46 PM*

Today is the last day for investors to purchase shares of Adani Power to become eligible for the company’s first-ever stock split. The record date for this corporate action is set for September 22, 2025. Shareholders holding shares on this date will receive the split shares directly in their Demat accounts.

**Corporate Decision**

Earlier this month, Adani Power’s board approved the stock split. On September 4, 2025, shareholders passed the required Postal Ballot resolutions with the necessary majority to approve the split. Under this resolution, each existing share with a face value of ₹10 will be split into five fully paid-up shares with a face value of ₹2 each.

Additionally, the company announced an alteration to the Capital Clause of its Memorandum of Association as part of this approval.

**Market Implications**

The stock split is designed to increase the number of outstanding shares while reducing the face value per share. This move is expected to make the shares more affordable and improve liquidity by encouraging broader participation from investors.

At the time of writing, Adani Power’s shares were trading 13% higher at ₹713 on the NSE, reflecting positive market sentiment around this announcement.

Investors looking to benefit from the stock split should ensure they buy shares before today’s market close.
https://www.newsbytesapp.com/news/business/adani-power-to-split-shares-1-5-record-date-september-22/story

WTC Mumbai Signs MoUs with Invest Cyprus and WTC Cyprus to Strengthen Europe Trade Gateway

A high-level Cyprus Government and Business Delegation recently visited Mumbai to further strengthen bilateral economic, trade, and investment relations between India and Cyprus. This event, jointly organized by the World Trade Center (WTC) Mumbai and the All India Association of Industries (AIAI), marked a significant milestone in the longstanding partnership of over six decades between the two nations.

On this occasion, WTC Mumbai signed Memorandums of Understanding (MoUs) with Invest Cyprus and WTC Cyprus to foster bilateral trade and investment. These agreements reaffirm Cyprus’ role as a strategic gateway for Indian businesses into European markets, opening new opportunities in sectors like technology, research, shipping, fintech, and innovation.

The session was graced by distinguished dignitaries, including H.E. Mr. Evagoras Vryonides, High Commissioner of Cyprus to India; Mr. Demetris Skourides, Chief Scientist for Research, Innovation, and Technology, Republic of Cyprus; Mr. Marios Tannousis, CEO of Invest Cyprus; Mr. Nicos Chimarides, IGC Representative and PwC Partner, Tax & Legal; Mr. Panayiotis Chrysotomou, IGC Representative and Manager, Banking Services & Representative Offices IBB of Eurobank; Mr. Antony Georgaki, Head of Operations, WTC Cyprus; and Dr. Vijay Kalantri, Chairman of WTC Mumbai and President of AIAI.

Their insights reflected the shared vision of India and Cyprus to deepen economic and investment cooperation.

In his opening remarks, Dr. Vijay Kalantri emphasized the importance of Cyprus in global trade, stating, “Cyprus is the gateway to other European nations and increasing collaborations in fintech and innovation will lead to continued benefits for both India and Cyprus, with hopeful expectations of trade surpassing USD 1 billion in the future.”

Highlighting ongoing diplomatic efforts, H.E. Mr. Evagoras Vryonides noted, “The 14th round of the India–EU FTA negotiations is scheduled for October 2025, which will further strengthen the bond between India and Cyprus. Indian business entities can set up businesses in Cyprus, manufacture or produce there, and receive preferential access to European markets.”

The keynote presentation was delivered by Mr. Demetris Skourides, who showcased Cyprus as an emerging hub for research and technology. He remarked, “Cyprus today ranks 25th in the Global Innovation Index, supported by strong research institutions and projects in advanced sectors such as defence and ship manufacturing. By combining India’s global leadership in digital technology learning with Cyprus’ research expertise and professional services, both nations can build powerful synergies that drive innovation and competitiveness.”

The session featured other distinguished speakers who spotlighted Cyprus’ strengths as a global business hub. Mr. Marios Tannousis spoke about the country’s investor-friendly environment, highlighting the Start-up Visa for non-EU entrepreneurs, attractive tax policies, and a robust regulatory framework.

Mr. Nicos Chimarides emphasized Cyprus’ favourable tax regime, including zero withholding tax on overseas payments (excluding EU-blacklisted jurisdictions), an extensive double tax treaty network, a corporate tax rate of 12.5%, and a preferential IP regime with rates as low as 2.5%.

Focusing on banking and trilateral cooperation, Mr. Panayiotis Chrysotomou noted the recent launch of the India-Greece-Cyprus Business & Investment Council in Mumbai, aimed at fostering collaboration in technology, infrastructure, and finance. He further remarked, “The IMEC trade, logistics, and data corridor will serve as a vital link connecting India to Europe, and Cyprus will be an essential node in facilitating its outcomes. Through the IGC platform, we are committed to ensuring that the full benefits of IMEC reach businesses across all three nations.”

Representing WTC Cyprus, Mr. Antony Georgaki outlined the institution’s mission to connect Cypriot businesses with the world and to help international enterprises leverage Cyprus as a strategic base for EU access.

In his concluding remarks, Dr. Vijay Kalantri expressed confidence that the visit provided Indian exporters, investors, and business entities with a comprehensive overview of Cyprus as a trusted partner. The signing of the MoUs by WTC Mumbai with Invest Cyprus and WTC Cyprus stands as a testimony to the commitment of all parties to expand opportunities and achieve sustained growth in bilateral trade and investment.
https://www.freepressjournal.in/corporate-gallery/wtc-mumbai-signs-mous-with-invest-cyprus-and-wtc-cyprus-to-strengthen-europe-trade-gateway

Solana Investor Who Bagged A 172x ROI In 2021 Says His Next Big Win Won’t Come From SOL

One Solana investor famously transformed a small investment into a fortune that changed their life in 2021. He bought SOL when it was worth less than $2 and sold parts of it for more than $340. He made an excellent 172x return on his investment, and the news soon spread across crypto communities.

But despite his loyalty to Solana, he now believes the market’s next significant opportunity lies elsewhere.

> “Solana gave me financial freedom, but I don’t expect lightning to strike twice in the same place,” he explained.

Instead, his focus has shifted toward an emerging meme coin project, Little Pepe (LILPEPE), which is generating immense buzz for its presale success, meme launchpad, and momentum.

## Why the Investor Has Moved On from Solana

Solana is still one of the best blockchains, consistently ranking in the top ten coins by market cap. Its place in the industry is solidified by its speed, low transaction fees, and wide use in DeFi.

However, for early investors like him, the dynamics have changed.

> “Solana will keep growing, but it’s no longer a 100x play. At this stage, you’re looking at steady gains, not life-changing ones,” he said.

Indeed, analysts project Solana’s long-term growth to remain solid, with potential targets around $400 in late 2025. However, the probability of massive exponential returns has declined compared to its early days, when the token was measured in cents and single digits.

For this investor, the hunt for asymmetric upside has led him back to the meme sector, where LILPEPE is making headlines.

## The Rise of Little Pepe (LILPEPE)

Little Pepe has emerged as a meme coin with unique ambitions. Unlike typical memes, LILPEPE is a Layer 2 blockchain with its own meme launchpad where creators can build and release projects on the blockchain.

The goal is to turn meme culture into an environment that can support itself, similar to how Solana helped DeFi technology grow during its early stages.

> “LILPEPE reminds me of Solana in 2020. It’s early, it’s fast-moving, and it’s got the energy of a community that believes it’s building something bigger than just a token,” the investor shared.

This combination of vision and timing has already drawn whales into the presale, which has surpassed $25 million in contributions across multiple stages.

## Tokenomics Built for Growth

Part of LILPEPE’s appeal lies in its well-balanced tokenomics. With a total supply of 100 billion tokens, allocations are distributed to maximize sustainability:

– **26.5%** for presale to ensure widespread community participation.
– **30%** chain reserves provide deep liquidity and secure future development.
– **13.5%** staking and rewards incentivize holders and discourage early selling.
– **10% each** for marketing, liquidity, and CEX/DEX reserves guarantee both exposure and accessibility at launch.

The absence of buy or sell taxes has further reassured whales, making LILPEPE one of the most transparent and investor-friendly meme projects of 2025.

## Why Whales Are Accumulating

Unlike Solana, where much of the institutional money is already positioned, LILPEPE represents a fresh opportunity for large-scale investors. On-chain data indicates several six-figure buys, signaling whale confidence in its long-term potential.

The CertiK audit, which rated the project 95.49% for security, has further fueled trust.

> “Whales don’t chase hype; they chase liquidity, security, and growth potential. LILPEPE has all three,” said the investor.

His view aligns with the broader trend of whales diversifying away from top-10 tokens in search of new high-momentum plays.

## Conclusion: The Search for the Next 172x

For the Solana investor who once rode a $2 entry into a 172x windfall, the next chapter of crypto opportunity isn’t about replaying history but finding the next disruptive ecosystem.

> “Solana changed my life, but I believe LILPEPE could do the same for a new wave of investors,” he concluded.

With its meme launchpad, whale-backed tokenomics, and presale success, LILPEPE stands out as a project that could capture cultural relevance and speculative upside in late 2025.

While Solana continues its steady march toward mainstream adoption, LILPEPE is carving a path as the meme chain of choice that may turn today’s small investments into tomorrow’s most significant wins.

### For More Information about Little Pepe (LILPEPE)

– Website: [https://littlepepe.com](https://littlepepe.com)
– Whitepaper: [https://littlepepe.com/whitepaper.pdf](https://littlepepe.com/whitepaper.pdf)
– Telegram: [https://t.me/littlepepetoken](https://t.me/littlepepetoken)
– Twitter/X: [https://x.com/littlepepetoken](https://x.com/littlepepetoken)

*Disclaimer: This is a syndicated feed. The article is not edited by the FPJ editorial team.*
https://www.freepressjournal.in/latest-news/solana-investor-who-bagged-a-172x-roi-in-2021-says-his-next-big-win-wont-come-from-sol

CryptoQuant reports record week for Bitcoin buying as long-term holdings surge

**Key Takeaways: Significant Bitcoin Accumulation by Long-Term Holders**

Bitcoin accumulation addresses experienced a substantial inflow of $3.4 billion, marking the second-largest single-day inflow of 2025. This notable transaction reflects strong confidence among long-term investors amid ongoing macroeconomic uncertainties.

According to CryptoQuant, long-term holders recorded a weekly Bitcoin accumulation of 29,685 BTC yesterday — a new record. This surge stands out as one of the largest single-week inflows into wallets typically held for more than a year, highlighting growing interest in Bitcoin as a long-term asset.

Executed over-the-counter (OTC) just hours before the Federal Reserve’s rate decision, the $3.4 billion transaction significantly boosted the total Bitcoin held in accumulation wallets to 2.84 million BTC. The average realized cost basis for these coins now sits at $72,437 per BTC.

These figures underscore continued conviction among long-term investors who are increasing their Bitcoin holdings despite prevailing market uncertainties. The trend suggests a robust belief in Bitcoin’s future value as accumulation addresses grow steadily.
https://bitcoinethereumnews.com/bitcoin/cryptoquant-reports-record-week-for-bitcoin-buying-as-long-term-holdings-surge/?utm_source=rss&utm_medium=rss&utm_campaign=cryptoquant-reports-record-week-for-bitcoin-buying-as-long-term-holdings-surge

Jaden Smith named Christian Louboutin’s men’s artistic director

**Jaden Smith Named Christian Louboutin’s Men’s Artistic Director**

*By Apoorva Rastogi | September 18, 2025, 5:08 PM*

Hollywood actor and musician Jaden Smith has been appointed as the first-ever artistic director for Christian Louboutin’s men’s line. At 27 years old, Smith will now oversee the creation of four collections annually, encompassing men’s shoes, leather goods, and accessories.

This marks a significant milestone for Smith, who previously founded his own brand, MSFTSrep, and collaborated with sneaker company New Balance. However, this is his first time leading an entire line at a luxury fashion house.

**Why Jaden?**

Christian Louboutin, the 62-year-old founder of the iconic French luxury brand, shared his reasoning behind the groundbreaking appointment. Speaking to Le Figaro, Louboutin said, “One morning, I was swimming and I asked myself: ‘Why not Jaden?’”

He expressed confidence in Smith’s creativity and welcomed having an intelligent voice from a new generation in the company. Louboutin believes Smith will bring increased visibility to the men’s line, which represents about a quarter of the brand’s revenue since its launch in 2008.

**A Dream Role**

For Jaden Smith, known for his roles in *The Pursuit of Happyness* and *The Karate Kid*, this new position is “one of the biggest honors” of his life. In an interview with WWD, he admitted feeling the pressure to live up to Christian Louboutin’s legacy while stepping into such a serious leadership role.

**Eager to Learn**

While Smith may currently lack some technical skills in luxury fashion design, Louboutin emphasized his eagerness and passion for the craft. “Today he lacks technique but he’s starting to learn,” Louboutin said, noting that Smith has already visited Italian factories as part of his education.

“What you cannot learn is enthusiasm and taste and passion. All that, he has,” Louboutin added.

**Debut Collection**

Jaden Smith’s first collection as artistic director for Christian Louboutin’s men’s line is set to debut at the upcoming Paris Fashion Week in January 2026.

This appointment follows a six-year friendship between Smith and Louboutin, which began with a chance encounter in Paris and a shared artistic vision. The collaboration promises to bring fresh energy and innovation to the storied luxury brand.
https://www.newsbytesapp.com/news/entertainment/jaden-smith-27-to-lead-christian-louboutin-men-s-line/story

Alibaba enters robotaxi market with investment in ride-hailing firm Hello

**How to Automate Calculations with Google Sheets**
*By Anujj Trehaan | Sep 18, 2025, 04:51 pm*

Managing budgets effectively often means saving time and reducing errors, and automating budget calculations can help you do just that. While automating your finances might sound challenging, Google Sheets offers a variety of templates that simplify the process. Whether you’re handling personal finances or business expenses, these templates allow you to focus more on analyzing data rather than manually calculating it.

### 1. Choosing the Right Template

Selecting the appropriate template is crucial for successful budget automation. Google Sheets provides a range of templates tailored for different purposes, such as monthly budgets or annual forecasts. Start by considering your specific financial needs and goals, then pick a template that covers all relevant categories. This ensures a smoother customization process and a better fit for your unique situation.

### 2. Customizing Your Template

After choosing a template, personalization is key to aligning it with your individual or business financial circumstances. You can adjust categories, modify formulas, and enter data that reflects your actual income and expenses. Customization improves tracking accuracy and ensures that the automated calculations support your specific objectives.

### 3. Utilizing Built-In Functions

Google Sheets includes powerful built-in functions that enhance budget automation. Functions like **SUMIF** and **VLOOKUP** can automatically total amounts or retrieve particular data based on set criteria. Familiarity with these functions helps you create dynamic spreadsheets that update automatically whenever new information is added.

### 4. Setting Up Alerts and Notifications

To maintain tight control over your finances, consider setting up alerts and notifications within Google Sheets. Using features like conditional formatting or integrating Google Apps Script add-ons, you can receive timely alerts when your spending reaches or exceeds certain limits. These reminders help you stay on track by notifying you about budget thresholds or upcoming payments.

By leveraging Google Sheets’ templates, customization options, functions, and alert capabilities, automating your budget calculations becomes more accessible and efficient. This allows you to spend less time crunching numbers and more time making informed financial decisions.
https://www.newsbytesapp.com/news/business/alibaba-invests-in-ant-group-backed-hello-to-enter-robotaxi-market/story

China ends Google antitrust probe, shifts regulatory focus to NVIDIA

**China Ends Google Antitrust Probe, Shifts Regulatory Focus to NVIDIA**

*By Akash Pandey | Sep 18, 2025*

China has decided to end its antitrust investigation into tech giant Google, just six months after the probe was launched, according to the *Financial Times*. This decision comes amid escalating trade talks between Beijing and Washington, particularly concerning the popular app TikTok.

It is important to note that Google has not yet been officially informed about the termination of the investigation.

### Details of the Probe into Google’s Android OS

The investigation, initiated in February by China’s State Administration for Market Regulation, focused on Google’s market dominance through its Android operating system. The probe particularly examined how this dominance affects Chinese smartphone manufacturers such as OPPO and Xiaomi, which rely heavily on Google’s software ecosystem.

In Chinese regulatory terminology, the closure of this probe is described as “zhongzhi.”

### Strategic Shift in China’s Regulatory Focus

The decision to end the Google case is seen as a conciliatory gesture towards the United States, signaling Beijing’s willingness to negotiate. A source told the *Financial Times*, “Drop one case but seize the other. China is trying to narrow its retaliatory targets to make them more potent.”

Accordingly, China has now shifted its regulatory attention towards NVIDIA, the world’s most valuable chipmaker. This move is widely viewed as a potential bargaining chip in the ongoing US-China trade discussions.

### TikTok Ban Extended for Another Three Months

In related developments, US President Donald Trump recently announced an agreement with China regarding the sale of TikTok. This announcement followed Treasury Secretary Scott Bessent’s confirmation of a “framework agreement” reached between the two countries over the app.

Despite this progress, President Trump has signed an executive order to extend the US ban on TikTok by three additional months. This marks the fourth extension of a law aimed at compelling the app’s sale from its Chinese parent company.

As negotiations continue, China’s regulatory maneuvers reflect a delicate balance between economic strategy and diplomatic signaling in the tense US-China relationship.
https://www.newsbytesapp.com/news/business/china-ends-probe-into-google-amid-trade-talks-with-us/story