Realty News
The Narendra Modi government will re-visit the model concession agreements (MCAs) for public private partnership (PPP) projects across the sectors. This will be done in order to move from a cost-plus basis to predetermined rates while awarding contracts. This move is expected to be beneficial for the users because they will not have to end [...] Continue Reading »
Highway developers have filed for claims amounting to over Rs 20,000 crore to road projects before various courts and arbitration tribunals across the country. We cannot blame the Highway Builders as they were at the receiving end due to the shoddy red-tapism of the government. According to the National Highway Builders Federation (NHBF), these claims relate [...] Continue Reading »
Indian IT giant Wipro has a good name in the world of Information Technology and its innovative products are liked by many customers in the US. In order to increase the top line of the company, they have launched a new application. Opus Capital Markets Consultants, a wholly owned US subsidiary of Wipro has launched [...] Continue Reading »
Tata group expects to achieve market capitalisation comparable to the world’s top 25 companies. And in order to achieve that the group has decided to invest USD 35 billion in the next three years as a part of its vision 2025. Tata group Chairman Cyrus Mistry mentioned about this while addressing the Tata group’s Annual Leadership [...] Continue Reading »
The Comptroller and Auditor General of India (CAG) has slammed Gujarat government for its slackness in implementing welfare schemes for construction workers in the state. The infrastructure and construction sector is one of the biggest employers in Gujarat. The audit-watch dog has claimed that only 6 % of an estimated 12 lakh construction workers in [...] Continue Reading »
There is some happy news for the property buyers as the unscrupulous developers will think twice before taking them for a ride. A bench of National Consumer Disputes Redressal Commission (NDCRC) gave a judgement in favour of the buyers. The apex consumer commission has dismissed an appeal filed by Emaar MGF Land Ltd against a [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh, everything was divided, or there are bodies which are newly formed for the new state. The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged its members to adhere to the National Building Code. They have also urged to [...] Continue Reading »
Due to the introduction of e-governance, transparency has increased and the IT department has got more visibility into the assets of the companies. The tax department has drawn up a detailed game plan and is expected to look at various new avenues to collect taxes. Due to the sluggish economy, the income of the tax [...] Continue Reading »
The trend of the US had entered the Indian economy almost 2 decades back when the MNCs had set shops in our country and the earnings had gone up manifolds for the youth of the nation. Plastic money, various EMI options, personal loans etc. had given buoyancy to the spending habits of the Indian youth. [...] Continue Reading »
Adani Ports and the Special Economic Zone (APSEZ) which is India’s biggest private port operator is looking for opportunities to get or set up a port on the south eastern coastal line of India as it is preparing for the next phase of expansion. The aforesaid was stated by the chief executive Sudipta Bhattacharya. The [...] Continue Reading »
