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BRICS leaders approve formation of BRICS Bank

BRICS leaders approve formation of BRICS Bank
During the course of their meeting in Brazil on Tuesday, the leaders of the BRICS countries – Brazil, Russia, India, China, and South Africa – gave their approval to the formation of the BRICS Bank. It was back in 2011-12 that India – during its chairmanship of the BRICS grouping – had floated the idea of [...] Continue Reading »

Jarvinia scouting for partners for agri firm Hishtil

Jarvinia scouting for partners for agri firm Hishtil
Jarvinia is looking for partners for Hishtil, an Israel-based global nursery corporation, for operations in India. Hishtil is known for production and sale of vegetables, herbs, seedlings and young plants for the professional and hobby markets. CA Rashmi Parekh, director, Jarvinia Project Management Pvt Ltd Informs that they are working with Hishtil to find out [...] Continue Reading »

Housing scheme by DDA is delayed by six months.

Housing scheme by DDA is delayed by six months.
Latest housing scheme by the Delhi Development Authority (DDA)’s with about 3,000 flats on offer will be postponed by at least six months due to the unfinished construction of flats as well as ongoing elections. The housing scheme was announced after a hault of four years and was likely to roll out last month. For [...] Continue Reading »

Disparity among Indian rich higher than elsewhere

Disparity among Indian rich higher than elsewhere
In drop-down of wealth, India has one of the worst records. As per the records of last year for every one billionaire in India, there were just 26 ultra high net-worth individuals (UHNIs) whose net assets are over $30 million without their primary residence. For every billionaire in Japan there were 609 UHNIs. In Brazil [...] Continue Reading »

Atul Auto to set up new unit near Ahmedabad

Atul Auto to set up new unit near Ahmedabad
Atul Auto Rajkot-based three wheeler manufacturers will be setting up new production facility near Ahmedabad with a capacity of 60,000 units per annum. The auto company is looking for land in Sanand and on the Bagodara-Vasad expressway and will invest Rs 100 crore for the project. “We are looking for locations around Ahmedabad. We are [...] Continue Reading »



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