Real Estate

  • REITs likely to benefit institutional and foreign investors
    4:11 PM

    A favorable tax regime has been announced on Real Estate Investment Trusts (Reits) which has led realtors to cheer. Big realtors like Parsvanth, DLF and Omax are optimistic about this reform but the analysts doubt that only rich institutional investors will benefit from this. It is difficult for retail investors

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  • Over 250 companies appoint women directors to meet norm on last day
    4:24 PM

    Mumbai: Waking up at the last moment, over 250 companies including Adani Power, Adani Ports, Essar Oil and GVK Power on Tuesday appointed women directors to meet the Sebi deadline of midnight tonight for having at least one female member on their boards. The companies have, however, mostly appointed wives

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  • Kolkata power utility to enter real estate business
    1:37 PM

    Kolkata, Jan 14 (IANS) CESC Ltd. is embarking upon property development and also evaluating its existing set of investments on land, company chairman Sanjiv Goenka said Wednesday. CESC is part of the Kolkata-based conglomerate R.P.-Sanjiv Goenka Group. “We have assets which are not revenue generating and want to convert them

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  • Kolkata power utility to enter real estate business
    1:37 PM

    Kolkata, Jan 14 (IANS) CESC Ltd. is embarking upon property development and also evaluating its existing set of investments on land, company chairman Sanjiv Goenka said Wednesday. CESC is part of the Kolkata-based conglomerate R.P.-Sanjiv Goenka Group. “We have assets which are not revenue generating and want to convert them

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  • November industrial output increases, December inflation up marginally (Roundup)
    3:43 PM

    New Delhi Jan 12 (IANS) Government data Monday brought news of some economic revival with industrial activity registering a healthy growth of 3.8 percent during November last year, with only a marginal rise in December’s retail inflation. Industrial activity, measured in terms of the Index of Industrial Production (IIP), registered

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  • Zoya Akhtar a taskmaster, says Ridhima
    9:01 AM

    Mumbai, Jan 11 (IANS) Actress Ridhima Sud, who will be seen in Zoya Akhtar’s next directorial “Dil Dhadkne Do”, says the filmmaker is a taskmaster, but is kind and warm too. Asked if Zoya is a taskmaster on the sets, Ridhima told IANS: “By taskmaster if you mean someone who

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  • Vice president urges NCC cadets to protect India’s pluralism
    5:47 PM

    New Delhi, Jan 8 (IANS) Vice President M. Hamid Ansari Thursday urged NCC cadets to protect and promote pluralism in Indian society which has given a unique, composite national identity that is a source of envy for the rest of the world. Inaugurating the NCC Republic Day Camp-2015, the vice

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  • SC to hear DLF appeal over Rs.630 crore penalty in February
    3:57 PM

    New Delhi, Jan 7 (IANS) The Supreme Court Wednesday said it will hear Feb 11 the appeal by real estate giant DLF, challenging the imposition of Rs.630 crore penalty by the Competition Commission of India (CCI) for allegedly exploiting its dominant position to the disadvantage of its customers in three

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