NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
The pandemic may have impacted the offline retail business of mobile phone brands for a few months over the last two waves but the inherent strength of brick-and-mortar retail will remain intact in the long-run, Vivo India Brand strategy Director Nipun Marya said. Speaking to PTI, Marya said retail stores were closed for two months […]
Inherent strength of offline retail will remain intact in long-run: Vivo Read More »
JK Cement, part of J.K. Organisation, targets up to 10 per cent growth in its revenue this fiscal, helped by the government’s push for infrastructure, a good monsoon and pent-up demand for the sector, said a top company official. Despite a blip in sales in the April-June 2021 quarter on account of pandemic-led disruptions, is
JK Cement expects 10 pc revenue growth this fiscal aims to be 25-MT company in 5 years Read More »
Tata Steel’s UK unit is raising about $275 million (£200 million) through an offshore syndicated loan from a group of banks including Axis Bank, Citi, Mitsubishi UFJ Financial Group (MUFG), and HSBC, three people familiar with the matter told ET. The proceeds will be used for working capital credit even as the business is gradually
Tata Steel UK raising £200m from consortium of banks Read More »
State-owned Bharat Petroleum Corporation Ltd () has bagged as many as 80 national and international patents in the past two decades, and approvals for 53 more filings are pending, for various innovations including the world’s cheapest and the fastest crude oil assaying tool BP Marrk. Its research and development (R&D) centre, located at a 68-acre
BPCL’s R&D centre bags 80 patents in 20 years; over 50 more pending Read More »
Tata ’s crude steel production was up by 55% year-on-year during the first quarter of FY 22 to 4.62 million tonnes, as against 2.99 million tonnes reported during the same quarter last year. “Tata Steel India Crude steel production grew 55%YoY in 1QFY22 as 1QFY21 was impacted due to the COVID-19 pandemic and the stringent
Tata Steel’s crude steel production up 55% yoy to 4.62 MT in Q1 of FY 22 Read More »
Sales of commercial vehicles – a barometer of economic activity – are expected to post robust growth in the second half of 2021 driven by replacement demand and a pickup in construction activity amid easing of local lockdowns, industry officials said. Heavy duty trucks of 18.5 tonne and more capacity are expected to drive the
CV sales seen picking up in second half with heavy trucks leading the way Read More »
By: Ramesh Nair India’s first double-decker flyover, Santacruz-Chembur Link Road (SCLR), undertaken under the Mumbai Urban Transport Project of MMRDA, will provide the much-needed east-west connectivity in Mumbai. Starting from Vakola Junction on the Western Express Highway and extending up to Amar Mahal Junction near the Eastern Express Highway, the 6.45 km six-lane road was
Santacruz-Chembur Link Road: Impact on Mumbai realty Read More »
THANE: The corporators of the Ulhasnagar Municipal Corporation on Thursday passed a resolution unanimously demanding that the UMC keep Rs 10 crore reserved in the budget to pay the rent for up to two years for those who will be shifted from their homes that have been declared dangerous. The resolution states that the UMC
The supply demand mismatch in especially Delhi has fuelled this development of privately-owned land.As prices of homes spiral out of reach for the middle class and is becoming pricey for the upper class too in Delhi, builders are exploring the nooks and crannies of the city to extract additional supply of residential properties. The one segment
Premium Realty Floods Delhi Market Read More »
NEW DELHI: Delhi Development Authority’s vice-chairman, Anurag Jain, on Thursday said the land development body was trying its best to complete the process of notifying the Master Plan for Delhi-2041 by December. The draft was put in the public domain on June 9 for inviting suggestions and objections and a webinar was conducted on Thursday
RAVI AHUJA Even as the economy witnessed a growth rate of 4.7 per cent during the third quarter of FY14, the Pune residential market saw a marginal decline over the previous quarter. In the first quarter of calendar 2014, there were nearly 3,950 units launched in the city, a 4 per cent increase over the
Pune residential market going steady Read More »
MUMBAI: Mortgage financier LIC Housing Finance on Friday said it has reduced its interest rates to 6.66 per cent for home loans up to Rs 50 lakh. The revised rates, valid till August 31, 2021, will be offered to new salaried individuals, a release said. The rate of interest will be linked to the borrower’s