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Business Standard

Microsoft announces Wave 2; AI integrated across all Microsoft 365 products

With these updates, Microsoft is bringing together work, web, and pages. Along with this, Copilot is now part of Excel, PowerPoint, Outlook, and OneDrive

The Economic Times

OpenAI launches new series of AI models with 'reasoning' abilities

Microsoft-backed OpenAI has launched its 'Strawberry' series of AI models, designed to solve complex problems by spending more time processing answers. The new models, o1 and o1-mini, excel in science, coding, and math tasks. They use a technique called 'chain-of-thought' reasoning to break down problems into smaller steps.

The Economic Times

Regreen-Excel files IPO papers with Sebi; aims to raise Rs 350 crore

Regreen-Excel EPC India Ltd has filed papers with Sebi for an IPO to raise funds. The share-sale includes a fresh issue of Rs 350 crore and an offer-for-sale by promoters. The proceeds will be used for debt repayment, bank guarantees, and corporate purposes. The company specializes in ethanol plant projects.

Mint

Regreen-Excel EPC India files DRHP for IPO with SEBI

Regreen-Excel EPC India Limited seeks to launch an IPO, filing its DRHP with SEBI. The technologically advanced EPC firm aims to raise up to ₹350 crore while selling over 11 million equity shares, using proceeds for capital expenditures and loan repayments.

CNBC TV18

UPL completes acquisition of 20% stake remaining in Indonesia's PT Excel Meg Indo for $6.85 million

Shares of UPL Ltd ended at ₹583.00, up by ₹5.60, or 0.97% on the BSE.

Business Standard

UPL announces acquisition of balance 20% stake in PT Excel Meg Indo

PT Excel is engaged in the business of buying, importing and distributing of agrochemicals, seeds, fumingants and fertilizers in Indonesia. PT Excel is a subsidiary of UGL.

The Economic Times

Excel Entertainment, Trigger Happy Studios ink multi-film deal

With over two decades of success and experience in the Indian entertainment industry and leveraging Hakuhodo’s global creative prowess and distribution network, Trigger Happy Studios is now focused on producing and distributing feature films and international co-productions that push the boundaries of storytelling.

Business Line

GST officials search Excel Industries’ Mumbai office

Excel Industries states that the tax authorities have not yet informed them about any specific violations or contraventions

The Economic Times

Realty project completion gets faster now, thanks to tech & stricter rules

Real estate developers in New Delhi have reduced project timelines since 2014, completing them in five years instead of six. This improvement is driven by modern construction technology and the Real Estate Regulatory Authority (RERA). According to Anarock, smaller projects (under 500 units) now take four years, while larger ones take about 4.9 years. Large and listed developers, holding a 34% market share, ensure timely deliveries. Southern cities like Chennai (3.6 years) and Hyderabad (4.2 years) excel in quick completions, unlike northern cities including NCR, which face delays due to weather and statutory restrictions.