IT
500 high end companies of the World planning to invest in India In a recent development, the Government of India is planning to launch a systematic and well organized campaign promoting India to almost five hundred companies located all over the world. This decision has supplemented the efforts taken by the Prime Minister of India, [...] Continue Reading »
On the basis of availability of ready-made infrastructure in the Eastern state of India, Industrialists are being wooed to invest in West Bengal, says reports from a senior government official from the state. West Bengal has over 40 industrial parks with ready-made infrastructure available which can be beneficial for investing industrialists. Reports reveal that the [...] Continue Reading »
We Indians always believe that the nation is good in offering services be it in IT, manufacturing or ITeS, however innovation is not our cup of tea. There is some new information which may shatter this belief. Five Indian companies, including Hindustan Unilever and Tata Consultancy Services (TCS), are among the Forbes’ list of the [...] Continue Reading »
In order to improve the economy, IT services firm Tata Consultancy Services is leasing 920,000 square feet of office space in the national capital region -about 420,000 sq ft in a Noida building owned by IDFC it had bought from DLF a few years ago, and about 500,000 sq ft in Gurgaon from international builder [...] Continue Reading »
There is some good news for the land owners in Uttar Pradesh. The Uttar Pradesh government today decided to give two times of the circle rate in urban areas and four times compensation in rural areas to the land owners. This will be done in the case of land acquisition. The decision was taken during [...] Continue Reading »
West Bengal aims to increase its share of revenues from IT, ITeS and Electronic Systems Design and Manufacturing (ESDM) segment. During the CPIM regime due to frequent strikes, old industries had closed down and the new industries did not open fearing losses and closure. Trinamool Congress led government is trying to change the face of [...] Continue Reading »
Based on suggestions of Parthasarathi Shome panel that was set up to address the grievances of the industry, the government recently said it has clarified on 76 issues related with direct and indirect taxes. An official release said Finance minister P Chidambaram has discussed these issues and has taken final decisions to remove difficulties faced [...] Continue Reading »
Knight Frank Asia Pacific has introduced the market’s first-ever Prime Asia Development Land Index which obtains the cost of prime residential and commercial development land in 13 major cities across Asia that consists of cities like NCR, Bengaluru and Mumbai in India. Key Takeaways Mumbai Modification in development rules coupled with increase in prime residential [...] Continue Reading »
The Managing Director of HBS Realtors has been appointed as Hon. Consul by République de Côte d’Ivoire (Ivory Coast), a country in West Africa. Mr. Sandeep Shah is the MD of Mumbai based HBS developer which is the leading real estate firm which is combination of residential, commercial and infrastructure development with solid regeneration expertise. [...] Continue Reading »
The Software Technology Parks of India (STPI) has requested the state government for reintroduction of provision of zero rated sales under Odisha VAT act for the IT and ESDM (Electronic System Design and Manufacturing) units of the state to make them competitive in the world market in the draft Industrial Policy Resolution (IPR). Earlier, under section-18, the [...] Continue Reading »
