Narendra Modi led new government
In its recently-released financial report for FY 14, bigwig engineering firm Larsen & Toubro (L&T) has posted earnings figures which have surpassed estimates; and has also set healthy growth targets for FY15. The healthy growth targets which L&T has set for 2014-15 underscore an optimistic outlook projected by the company because of the hope that [...] Continue Reading »
Real Estate Investment Trusts, or REITs, are the next big thing in the Indian economic market. Prime Minister Narendra Modi’s decision to implement new rules for the governing of trusts throughout India will open up a new chapter in the country’s real estate. Many prominent private equity players are now pushing for REITs to be [...] Continue Reading »
The NDA government led by Prime Minister Narendra Modi has taken up responsibility of the country along with its economy and are now at the moment looking for all the possibilities of issues which have been plaguing the real estate sector of the country. Some of the issues which have been included in this are [...] Continue Reading »
Change in power at the centre has brought in a new sentiment among private equity (PE) funds, so much so that around half a dozen PE funds have started to raise $2 billion together from local as well as foreign investors. Four renowned PE funds are already in talks with the investors, while three more [...] Continue Reading »
Many infrastructure projects in Tamil Nadu have been pending from a long time. Time has come for this to change, thanks to the formation of a new government at the centre. But it’s not just the central government that’s keen on pushing for infrastructure development in TN. Even the state government is motivated to execute [...] Continue Reading »
Due to the BJP’s manifesto of ‘’Housing for all by 2022’’, the real estate sector is expecting to see a boom. After the Narendra Modi led NDA government took charge, the real estate sector is picking up. The industry experts are expecting that investing in a property is likely to once again become the most [...] Continue Reading »
With Environment Minister Prakash Javadekar having asserted that delay in green clearances will not be tolerated, the Centre for Science and Environment (CSE) has requested the newly-formed Union Government to set up an independent regulator so as to speed up green clearances. In its request made to the Narendra Modi-led new government on Wednesday, advocacy [...] Continue Reading »
The incoming government led by Narendra Modi has a new spokesperson, an articulate spokeswoman, Nirmala Sitharaman, who is being viewed with a personality of being a bridge between commerce and finance ministries, says a source. An economic turnaround is what the nation needs at the moment, and the coordination of the two ministries is important, [...] Continue Reading »
A Special Investigation Team (SIT) was formed on Tuesday May 27 to black money, money sitting in foreign banks and money laundering issues. This historic decision was taken on the very first meet of the cabinet ministers lead by Shri Narendra Modi. Addressing a press conference, Law and Telecom Minister Ravi Shankar Prasad mentioned that the SIT [...] Continue Reading »
The scrapping of a restraining clause in the airport policy is likely to be proposed by the Civil Aviation Ministry to the Narendra Modi-led new central Government. The clause which the Ministry will request the new Government to scrap underscores the policy of not having an airport within a distance of 150 km of an [...] Continue Reading »
