Uncategorized
Mr. Vishwanath Nair concluded in a report that the loans restructured by corporate debt restructuring (CDR) will cross Rs 3 lakh crore by the end of this financial year. The loan recast in the financial year 2014 have crossed Rs 70, 000 crore with restructuring requests for nearly to Rs 20, 000 crore having delayed [...] Continue Reading »
The Commerce and Industry Ministry has doubt regarding its proposal for easing FDI rules in railways and construction development sectors will get approval from the Election Commission. There are apprehensions that it may not be possible to attach the EC guidelines of not publicizing a decision taken by the Government while the model code of [...] Continue Reading »
The ‘Verified Property Show 2014′ is a property exhibition that invites property developers as well as over 500 investors to come together on a common platform in order to build trust and relationships in such a challenging real estate market. The property show looks towards the genuine residential and commercial investors who are aiming to [...] Continue Reading »
The west Delhi MP Mahabal Mishra has gained the most from the city’s real estate boom. In the last five years there has been the continuous increase in the assets of Mr. Mishra and his wife. The property of Mr. Mishra valued at Rs2.75 crore in 2009 whereas the current value of their property is [...] Continue Reading »
The Builders and property promoters in Coimbatore requested to the Commissioner of Central Excise, Customs and Service Tax to focus on the problem they faced in payment of Service Tax. The Representatives of the local Builders’ Association of India and Confederation of Real Estate Developers’ Associations of India and the Coimbatore Builders and Contractors Association [...] Continue Reading »
The hoteliers say that the luxury and upscale hotels are finding it difficult to earn money from the global chains like the Marriott, Hilton, InterContinental, Starwood and Accor. Therefore, the luxury hotels are focusing to shift towards the mid market brands. More than 80 percent hotels are coming up in the mid-market category involve less [...] Continue Reading »
The Bombay High Court rejected Maharashtra Chief Minister’s discretionary housing quota citing that the allotments of flats in this quota were illegal. The court added all the policies of the state government regarding this quota are not up to the mark. The court stopped the state government from allotting the 2 percent of the Maharashtra [...] Continue Reading »
To protest against land acquisition policy framed by Petrochemicals and petroleum investment region (PCPIR) and Bharuch Ankleshwar Urban Development Authority (BAUDA) a large number of farmers gathered at Bharuch. The farmers appraising the concern about polices of both the authorities, reached collector’s office in a large rally, displaying banners of protest and submitted memorandum to [...] Continue Reading »
An official says that the company is planning to launch 500 sales and service outlets in the southern part of country. Mr. Dharmendra Mishra, Sales and Customer Care, Vice-President, says that recently in the inauguration of 212 Degree Bikes with South-centric expansion strategy, the company is planning to open 500 plus sales and service outlets [...] Continue Reading »
Fossil India, the wholly owned subsidiary of the $3.2 billion American lifestyle brand Fossil Inc, is planning to invest Rs 25 crore in the country following regulatory approvals to set up single brand stores. Fossil is among the first batch of global lifestyle brands that got approval by the Foreign Investment Promotion Board, after the central [...] Continue Reading »
