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Lionel Messi started building his hospitality empire in 2017 with a hotel in Sitges. He grew the MiM brand to six properties across Spain and Andorra by 2023. These hotels show his personal touch, featuring football memorabilia and unique treats. Meliá Hotels International now manages the group for the star.
Tata Sons remains classified as an indirect recipient of public funds under RBI rules from 2022. While the promoter opposes a market listing, minority shareholders of 26 listed Tata companies, with a combined value of $328 billion as of March 2025, have not had a seat at the table yet.
India's real estate sector recorded equity capital inflows of USD 8.5 billion in the first half of 2026. This 32% increase showed strong market resilience. Bengaluru, Delhi-NCR, and Mumbai got the most money. Anshuman Magazine said, "This momentum reflects the underlying resilience and depth of India's real estate capital markets."
Aurum PropTech will acquire Housing.com from REA Group for Rs 458 crore in a share-swap deal. This move creates India’s largest proptech company. Ashish Deora said, “This acquisition makes us the largest proptech company in the country.” Shareholders will vote on August 14, with the deal closing before September 30.
The Reserve Bank of India fixed the redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram for July 16, 2026. Online subscribers got a 318.5% return, excluding interest. Investors should check new tax rules from April 1, 2026, before they decide to redeem their bonds now.
European shares traded slightly lower on Thursday as investors weighed corporate earnings and merger news. The STOXX 600 index slipped 0.1% to 641.95 by 0712 GMT. Mounting tensions in the Middle East kept energy inflation concerns in focus, while technology stocks showed mixed performance as markets remained cautious throughout the day.
Benchmarks Sensex and Nifty pared gains on July 16 to trade in mild red. At 1:41 pm, the Sensex fell to 77,173.03 and Nifty reached 24,057.45. Markets saw profit booking at higher levels and weak global cues. Analysts said, "A decisive move above 24,200 could trigger fresh momentum towards 24,300–24,400."
Blackstone set up an infrastructure platform in India and named Ami Momaya as its managing director on July 16, 2026. Momaya previously worked at KKR India. Blackstone has over $50 billion in assets here and said, "India is one of the most compelling infrastructure markets in the world," regarding the move.
Motilal Oswal issued a buy rating for Billionbrains Garage Ventures with a target price of Rs 250. The firm reported an operating revenue of INR 15b in 1QFY27, a 66% growth. Profits grew 94% as the company got better at managing costs. Management expects the current cost structure to remain stable.
The Union Cabinet approved Semicon 2.0 with a budget of Rs. 1,27,500 crore to boost India’s semiconductor industry. ELCINA said, "ELCINA applauds the government's vision and the scope of Semicon 2.0 for India's semiconductor industry." This phase expands into chip design, equipment, and materials to strengthen the country’s global supply chain position.
Project INROAD completed 1.80 lakh hectares of natural rubber plantations in North-East India. Launched in FY 2021-22, the initiative reached 113 districts over five years. Mohan Kurian said, "The project has also made significant progress in strengthening local nurseries and building grower capacities." It helped many small farmers improve their livelihoods.
The Institute of Chartered Accountants of India invited applications for the Corporate Mitra programme 2026 through the Swayam Plus portal. Interested applicants can register until July 31. This initiative aims to build a skilled workforce to assist MSMEs. Candidates aged 20 to 30 with a graduate degree are eligible to apply.