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Mumbai-based NBFC Authum Investment wins Reliance Home with more than 90% votes

GENERAL NEWS /

Mumbai-based non-banking finance company Authum Investment and Infrastructure has been declared as the preferred bidder for Anil Ambani’s debt laden Ltd (RHFL) with over 90% of the creditors voting for the company. Saturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and […]

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Centrum-Bharatpe joint venture to pump Rs 1800 crore into PMC on merger

GENERAL NEWS /

The joint venture floated by Centrum Group and digital payments startup Bharatpe for launching a small finance bank will infuse Rs 1,800 crore capital into troubled Punjab & Maharashtra Cooperative Bank (PMC) on its merger with the proposed bank, a top Centrum official has said. Last Friday, the Reserve Bank gave an in-principle approval to

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Rise in customs duty from zero to 10-20%: Ericsson Nokia say duty hike will hit gear making

GENERAL NEWS /

European telecom gear vendors Ericsson and Nokia have told the government that the customs duty imposed on components for telecom equipment will impact the cost effectiveness of local manufacturing at a time when a similar levy on finished products hasn’t been increased correspondingly. Nokia’s India head Sanjay Malik told ET that the duty hike will

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United Spirits forays into craft spirits with new whiskey

GENERAL NEWS /

United Spirits, India’s biggest spirits company, is entering into the craft spirits segment by launching a new whiskey, its first local brand launch in nearly two decades. The new brand—United’s Epitome Reserve—is part of USL’s wider strategy to build a premium craft spirits portfolio in India, the company said. “It is about testing Indian craftsmanship

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maharashtra covid update: Maharashtra’s Covid-19 tally may have been grossly miscalculated

GENERAL NEWS /

A new research conducted by Parel-based Indian Council of Medical Research-National Institute of Research in Reproductive Health (ICMR-NIRRH) shown antigen negative tests came positive when retested with RT-PCR for 33.7% of the total samples collected. This is a crucial part of the the state’s Covid puzzle since 60% of daily Covid-19 tests in Maharashtra are

maharashtra covid update: Maharashtra’s Covid-19 tally may have been grossly miscalculated Read More »

Life insurers may see short-term pressure on profitability due to pandemic: ICICI Pru Life

GENERAL NEWS /

The domestic life insurance industry may see pressure on its profitability in the short-term as the coronavirus pandemic has cast doubt on the certainty related to morbidity and mortality in the country, ICICI Prudential Life said in its annual report. India became an epicentre with a spike in cases in the second wave of the

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CP ORDERS SPECIAL CHECKING IN PGs TO ENSURE SAFETY AND SECURITY OF SOCIETY SAYS, PG OWNERS NEED TO ADHERE TO MANDATORY POLICE VERIFICATION FOR THEIR TENANTS ALSO ASKS TO BEEF UP SECURITY ARRANGEMENTS AT ALL VULNERABLE POINTS BESIDES KEEPING A VIGIL OVER CRIMINALS OUT ON BAIL कहा, पी.जी. मालिकों के लिए किराएदारों की पुलिस वैरीफिकेशन जरूरी

Other News /

CP ORDERS SPECIAL CHECKING IN PGs TO ENSURE SAFETY AND SECURITY OF SOCIETY SAYS, PG OWNERS NEED TO ADHERE TO MANDATORY POLICE VERIFICATION FOR THEIR TENANTS ALSO ASKS TO BEEF UP SECURITY ARRANGEMENTS AT ALL VULNERABLE POINTS BESIDES KEEPING A VIGIL OVER CRIMINALS OUT ON BAIL Jalandhar, June 18 (TECHNO NEWS): Commissioner of Police Gurpreet Singh Bhullar

CP ORDERS SPECIAL CHECKING IN PGs TO ENSURE SAFETY AND SECURITY OF SOCIETY SAYS, PG OWNERS NEED TO ADHERE TO MANDATORY POLICE VERIFICATION FOR THEIR TENANTS ALSO ASKS TO BEEF UP SECURITY ARRANGEMENTS AT ALL VULNERABLE POINTS BESIDES KEEPING A VIGIL OVER CRIMINALS OUT ON BAIL कहा, पी.जी. मालिकों के लिए किराएदारों की पुलिस वैरीफिकेशन जरूरी Read More »

Rajasthan’s 31 districts feature among top 100 in India Real Estate News ET RealEstate

GENERAL NEWS /

JAIPUR: In a first, all districts of Rajasthan, except two, featured among the top 100 districts in the country in terms of performance under Pradhan Mantri Awas Yojana-Grameen (PMAY-G), states data received from the rural development department. Also, six districts of Rajasthan featured among the top 10 districts, 14 among the top 25 and 22

Rajasthan’s 31 districts feature among top 100 in India Real Estate News ET RealEstate Read More »

Shifts in real estate sector over the years

GENERAL NEWS /

By: Anshuman Magazine Following a new political dispensation coming to the helm of affairs earlier this year, a forward-looking budget favouring investments and economic reforms soon after and the more recent green shoots of economic recovery — it seems India’s economy has finally begun to roll. India’s gross domestic product (GDP) during the first quarter (April–June)

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Ashiana Housing buys 22 acre land parcel in Gurgaon Real Estate News ET RealEstate

GENERAL NEWS /

Ashiana Housing had bought a 22 acre land parcel in sector 93, Gurgaon from Ramprastha Group in a deal valued at over Rs 200 crore. The land located in Gurgaon will be used to develop a high-rise children-centric residential project. The land with a development potential of 21 lakh sq ft will mark Ashiana Housing’s

Ashiana Housing buys 22 acre land parcel in Gurgaon Real Estate News ET RealEstate Read More »

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