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Governor says Bengal received investment proposals worth Rs. 1.2 Lakh crores

Governor says Bengal received investment proposals worth Rs. 1.2 Lakh crores
Governor M K Narayanan mentioned that West Bangal has received industrial investment proposals worth 1.2 lakh crore. He was inaugurating the State Assembly’s budget session on Monday. Total investment ‘implemented and proposed’ in all the sectors in the state was over Rs. 1.4 Lakh crores, he says. He estimates that 3.5 lakh jobs can be [...] Continue Reading »

Hinduja group to invest Rs 6,200 crore in India across sectors such as real estate and media

Hinduja group to invest Rs 6,200 crore in India across sectors such as real estate and media
Hinduja Group today said it would invest a billion dollars (about Rs 6,200 crore) across sectors like real estate and media in the country. He told reporters here on the sidelines of Auto India, “We are looking for various opportunities. Recession is the time when you can break opportunities to invest.” He further added, “We [...] Continue Reading »

Delhi residents face 12 hour power cut this summer

Delhi residents face 12 hour power cut this summer
The capital city is been facing long power cuts of up to 12 hours a day for past couple of weeks despite the electricity department’s promise of providing 24×7 power this summer. The RWA president of Parsvnath Green Ville at Sohna Road, said that all the electricity lines are faulty and to get it repaired [...] Continue Reading »

Majority opposes power hike plan by MSEDCL

Majority opposes power hike plan by MSEDCL
The MSEDCL has proposed an average 15% increase in electricity charges for domestic consumers.Strong objection were raised by various organization against the proposed tariff hike by the Maharashtra State Electricity Distribution Company Limited. The complaints demanded the MSEDCL to focus more on recovering dues, reducing power losses and improving efficiency, and follow standard operating procedures. [...] Continue Reading »

Debt-struck Lanco Infratech strives for an easy loan repayment

Debt-struck Lanco Infratech strives for an easy loan repayment
Lanco Infratech, a realtor limited to power and road projects, with nearly Rs 23,000 crore of long-term debt, is negotiating with some banks for an easier loan repayment schedule. Sources said that the company is negotiating with individual banks for extension of loan tenure and lowering of interest cost as some of its power plants [...] Continue Reading »

Empee enters realty sector

Empee enters realty sector
Empee Group, which is currently into the businesses of hospitality, liquor, sugar and power, is preparing to venture into the real estate sector. Initially, the focus would be on residential projects. The company would start two projects on a land bank of around 20 acre. It is planning to set up two residential projects with [...] Continue Reading »

Use fly ash instead of cement in construction – MSRIT students

Use fly ash instead of cement in construction – MSRIT students
The students of M S Ramaiah Institute of Technology (MSRIT), Bangalore have come up with a replacement to cement in construction, under the guidance of realty experts. Using fly ash instead of cement will reduce the construction cost of projects. Moreover, fly ash is a very economical and environment-friendly solution. According to a recent survey, [...] Continue Reading »

Gurgaon residents protest over water and power crisis

Gurgaon residents protest over water and power crisis
With the increasing water and power crisis in Gurgaon, residents have now taken their protest to the streets. Residents of Badshahpur area, for the second time have staged a protest against the authorities for the poor water and electricity supply. They had gathered from morning and shouted slogans against the administration and created traffic jams [...] Continue Reading »

Noida residents not ready with additional security charges on power

Noida residents not ready with additional security charges on power
In this month’s electricity bill, residents of Noida got a shock when they received a bill with an additional security charge of Rs. 2,000 to Rs. 10,000. Noida Power Company Limited (NPCL) who is the power corporation of Greater Noida has levied extra security charges. Around 19000 consumers from the month of April have been [...] Continue Reading »

Gurgaon a developing city!

Gurgaon a developing city!
Gurgaon city in recent times is being pointed out for lack of civic facilities and security services at localities in Gurgaon. However, these did not serve the purpose of fading reputation of the city. In recent times, the city is being claimed as one of the best for the locales to live and work when [...] Continue Reading »



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