Business
Mukesh Ambani gifts his employee a house worth ₹1,500 cr: Report

India’s richest person, Reliance chairman Mukesh Ambani who is well known for treating his employees well has gifted one of his employees a Rs 1,500 crore home in Mumbai, reported Mumbai press. Manoj Modi who is widely known as Mukesh Ambani’s right hand man was given a property in Nepean Sea Road in Mumbai.
The 22-storey building is spread across an area of 1.7 lakh sq. feet and according to Magicbricks.com the property is worth Rs 1,500 crore. The house gifted by Mukesh Ambani is designed by Talati & Partners LLP and according to the report by Mumbai press some of the furniture has been bought from Italy.
Manoj Modi
Modi is Mukesh Ambani’s batch mate and have studied together at Mumbai’s University Department of Chemical Technology. Modi joined Reliance in the early 1980s when the company was being led by Dhirubhai Ambani. According to reports, Manoj Modi and Mukesh Ambani and his wife Nita Ambani have been friends for a decade now. Modi is also working closely with Akash Ambani and Isha Ambani who are now taking over the Reliance empire.
Manoj Modi who is a hard negotiator was the brain behind many multi-billion dollar deals inked by Reliance. The man known to be a simple person is currently serving as the Director at Reliance Retail and Reliance Jio.
National
After plastic found in dead elephant’s belly, TN forest division flags open waste dumping

Chennai, June 4: After the death of a female wild elephant that ingested plastic waste, the Coimbatore Forest Division in Tamil Nadu has issued a stern appeal to local bodies to immediately stop dumping garbage along forest fringes.
The elephant, which was found dead near the Maruthamalai foothills recently, had reportedly consumed plastic bags and leftover food from an open dump yard.
Forest officials and wildlife activists have since blamed poor waste management practices by nearby civic bodies for drawing wild animals to human settlements, thereby intensifying human-wildlife conflict in the region. “Open dumping is hazardous to animal health and increases the chances of dangerous human-animal interactions,” said a forest department official.
Letters have been sent to the Block Development Officers (BDOs) of Periyanacikenpalayam and Thondamuthur, urging immediate action to halt garbage disposal along forest boundaries and clear existing waste to safeguard wildlife.
Officials warned that once wild elephants locate dump yards as food sources, they are likely to return repeatedly.
“Leftover food waste, especially with high salt content, poses serious health risks to elephants,” the official added.
While the forest department has called for urgent corrective measures from civic agencies, farmers in the region have voiced frustration over the department’s inability to prevent wild elephants from straying into agricultural lands, even those situated far from forest areas.
In response, forest authorities have intensified patrols in vulnerable zones. “We have deployed night staff to monitor and deter elephant movement near the old dump yard in Maruthamalai,” said a range officer.
Additional surveillance is being carried out in areas, including Pannimadai, Veerapandi, Varapalayam, and Thadagam, to prevent elephants from foraging in human settlements.
The department is also working alongside NGOs, volunteers, and staff from the Hindu Religious and Charitable Endowments (HRCE) Department to launch awareness drives.
A major anti-dumping campaign is scheduled for June 5 to coincide with World Environment Day. Forest officials emphasised the need for a coordinated effort between civic bodies, residents, and wildlife authorities to prevent further loss of wildlife due to negligence and promote safer coexistence between humans and animals.
Business
Domestic occupiers capture 46 pc of office leasing in India since 2022: Report

Mumbai, June 4: Indian firms have significantly increased their footprint in the commercial real estate market, with domestic occupiers accounting for 46 per cent of gross leasing activity since 2022 — up from 35 per cent during 2017-2019, according to a new report released on Wednesday.
Leasing volumes by domestic firms reached unprecedented levels in 2024 with 31.9 million square feet, with them continuing the strong momentum into Q1 2025 with 8.8 million square ft already leased, said the report by JLL.
The BFSI sector has recorded the most substantial growth in average transaction size. BFSI firms have more than doubled their space requirements, with average deal sizes jumping from 10,500-11,500 sq. ft in 2017-2019 to 24,000-25,000 sq. ft in the 2022-Q1 2025 period, representing a staggering 125-130 per cent increase.
Delhi-NCR leads in domestic leasing activity, while Mumbai has shown the most significant growth with its share increasing by approximately 62 per cent.
“This evolution reflects India’s strengthening economy and changing corporate strategies focused on efficiency and consolidation. While global occupiers remain the mainstay, the rising importance of Indian occupiers in the office market will continue to support the rising leasing activity levels in the country,” said Dr Samantak Das, Chief Economist and Head of Research and REIS, India, JLL.
Both these, together, have the potential to push India’s leasing volumes to over 100 million sq. ft over the next 3-4 calendar years, he added.
After BFSI, manufacturing follows closely behind with average deals growing from 7,000-8,000 sq. ft to 15,000-16,000 sq. ft, a 100-120 per cent increase that reflects India’s strengthened focus on domestic production capabilities.
While flex operators continue to secure the largest spaces per transaction at 57,000-60,000 sq ft (up 35-45 per cent from previous levels), technology firms have also substantially increased their footprint.
The IT and ITeS sector now averages 31,000-32,000 sq. ft per deal, up 85-95 per cent from the 2017-2019 period, the report noted.
“The evolution of India’s domestic corporate real estate landscape reveals a fascinating divergence in occupier preferences across major metros. Delhi NCR and Mumbai have emerged as clear frontrunners, but with distinctly different demand drivers,” said Rahul Arora, Head-Office Leasing and Retail Services, Senior Managing Director (Karnataka, Kerala), India, JLL.
Crime
After Jyoti Malhotra’s arrest, another YouTuber held in Punjab for espionage

Chandigarh, June 4: After YouTuber Jyoti Malhotra, who was arrested for allegedly spying for Pakistan, Punjab Police on Wednesday claimed to have unearthed a critical espionage network linked to another YouTuber, Jasbir Singh, a resident of Rupnagar.
Jasbir Singh, who operates a YouTube channel called ‘JaanMahal’, has been found associated with Pakistani intelligence operative Shakir, alias Jutt Randhawa, part of a terror-backed espionage network.
He also maintained close contact with Haryana-based Jyoti Malhotra and Ehsan-ur-Rahim, alias Danish, a Pakistani national and expelled Pakistan High Commission official, Director General of Police (DGP) Gaurav Yadav informed on X.
Investigations have revealed that Jasbir attended the Pakistan National Day event in Delhi on Danish’s invitation, where he met Pakistani army officials and bloggers.
He travelled to Pakistan on three occasions (2020, 2021, 2024), and his electronic devices contained multiple Pakistan-based numbers, now under detailed forensic scrutiny, said the DGP.
After Jyoti Malhotra’s arrest, Jasbir attempted to erase all traces of his communications with these Pakistani intelligence operatives to avoid detection.
A first information report (FIR) has been registered in Mohali, near here. The DGP added that investigations are underway to dismantle the broader espionage-terror network and identify all collaborators.
A day earlier, Counter-Intelligence Punjab, in a joint operation with Tarn Taran police, had arrested a man linked to Pakistan’s Inter-Services Intelligence (ISI) for sharing sensitive information concerning army movements during Operation Sindoor.
The accused was identified as Gagandeep Singh, alias Gagan, a resident of Tarn Taran town.
DGP Yadav had said preliminary investigation has revealed that Gagandeep Singh was in direct contact with Pakistan-based Khalistani supporter Gopal Singh Chawla for past five years, through whom he was introduced to Pakistani intelligence operatives.
Investigations also revealed that the accused had been sharing classified information, including troop deployments, strategic locations, and army movements during Operation Sindoor, posing a serious threat to national security.
The DGP had said police teams have recovered two mobile devices from the possession of the accused, containing sensitive intelligence that he shared with the Pakistani intelligence operatives, as well as the details of over 20 ISI contacts.
The accused also received payments from operatives via Indian channels.
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