Noida, Jan 23 (PTI) Real estate group Supertech on Sunday said it has signed a pact with Mumbai-based Edifice Engineering, and an advance payment has been made to it for demolition of illegal twin towers in Noida, in compliance with the Supreme Court order. The details of the agreement have been shared with the New [...]
Kolkata, Jan 23 (PTI) Buoyed by robust rural sector sales, Usha International Ltd on Sunday said it is aiming to increase revenue from the segment to 25 per cent by 2023-24.The company is also making efforts to double rural penetration in the next two to three years, Usha International Senior VP & Head - Rural [...]
Mumbai, Jan 23 (PTI) Nucleus Office Parks, the real estate platform owned by global investment major Blackstone's realty funds, has redeveloped a one-mile stretch of a street in Mumbai's central business district of the Lower Parel area at an investment of over Rs 50 crore. The one mile area has safer pedestrian pathways and community spaces for residents, said [...]
New Delhi, Jan 23 (PTI) Shiv Sena leader Priyanka Chaturvedi has urged Finance Minister Nirmala Sitharaman to provide a special interest rate on bank fixed deposits for senior citizens and remove the cap on investments in postal savings scheme and public provident fund. In a letter to Sitharaman, Chaturvedi said lower interest rates on savings [...]
New Delhi, Jan 23 (PTI) Industry body CII has suggested the government include an additional 1 per cent corporate social responsibility levy apart from the mandatory 2 per cent for one year in the upcoming Budget to encourage corporates to spend on providing Covid vaccine booster shots. The Confederation of Indian Industry (CII) has also [...]
Mumbai, Jan 23 (PTI) India Inc is staring at an "integrity crisis" in the second year of the pandemic, a survey done by a consultancy firm has revealed. The global survey conducted by the consultancy firm EY, which saw executives from 100 companies, including chief executives, board members and also mid-management personnel participate, has found [...]
Mumbai, Jan 23 (PTI) TCS is aiming for a high double-digit growth in revenues from Canada in the next few years as the North American country's economy grows across sectors and digitisation becomes an essential aspect for businesses, a senior official has said. TCS Canada, a wholly-owned subsidiary of India's largest IT exporter dedicated to [...]
New Delhi, Jan 23 (PTI) Mumbai-based Suraksha group on Sunday said the company expects to get the approval of the NCLT by March to acquire Jaypee Infratech Ltd (JIL) through insolvency process and complete around 20,000 flats for homebuyers. In the meantime, Suraksha ARC Managing Director and Chief Executive Officer Aalok Dave said the company [...]
New Delhi, Jan 23 (PTI) Vedanta Resources Ltd's plan to set up a USD 10 billion fund to acquire state-owned firms has attracted interest from sovereign wealth funds and the corpus will be floated once the government invites price for firms such as BPCL or Shipping Corporation of India (SCI), its chairman said. Metals and [...]
New Delhi, Jan 23 (PTI) The finance ministry is expected to come out with a single volume Economic Survey for 2021-22 projecting a growth of around 9 per cent for the next financial year. The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Principal [...]
