Varde Partners acquires Wadala office building from Lodha
Built in 2018, the said office building has over 827,000 sq ft of office space spread over 29 floors and forms part of a 22-acre mixed-use development. The project’s anchor tenants include Tata International, GMM Pfaudler and Axis Bank. The five floors in this building purchased by Tata Group in 2019 will continue to be owned by Tata, the investment firm said in a release.
Govt to stop substitutable coal import; can go for auction of 100 fully explored new blocks: Joshi
The Cabinet recently approved promulgation...
Progress of top development schemes remains constrained in India: Study
"Progress across major development schemes in India, including educat...
upGrad, BridgeLabz roll out development programme for engineering talent
This partnership with BridgeLabz is aimed at reaching out to a larger number of engineers across the country, helping them harness their full potential with robust, dynamic skill sets.
India, Iran should work to expedite Chabahar Port development, connectivity to Afghanistan: Zarif
Despite the US exempting India from sanctions imposed on Iran for the development of the port in Novermber 2018, the European and Chinese suppliers who had bagged contracts to supply equipment for the port have been reluctant to deliver, fearing adverse impact on their business with the US.
IIT Kharagpur develops AI system to read legal judgments
A team of researchers at the premier engineering institute’s Department of Computer Science and Engineering used a novel method to automate the reading of a legal document by using a more evolved Machine Learning technique.
Musk aims to send 10 lakh people to Mars by 2050
SpaceX CEO Elon Musk aims to send 10 lakh people to Mars by 2050 and in a series of tweets, has revealed how is he going to achieve the daunting task of colonising the Red Planet and make humans beings 'multiplanetary'.
Marathon Group to invest over Rs 425 crore to develop phase II of Panvel project
This is the second phase of the total 26-acre project Marathon NexZone and the company is looking to finance the same through internal accruals, customer advances and construction finance.
IIT-M develops eco-friendly way to produce hydrogen fuel from seawater
Using this technology hydrogen can be produced on-demand at the point of use, and hence it need not to be stored.
India needs continued structural reforms to boost growth: UN report
The report has also lowered GDP growth estimate for India while expressing hope that combination of fiscal stimulus and financial sector reforms will help boost consumption. However, the data related to India was revised to 5% for the current fiscal and 5.8-5.9% for the next financial year, Nagesh Kumar, Head, UN Economic and Social Commission for Asia and the Pacific, said.
Start work or pay Rs 1 crore fine a day, H-Rera tells Greenopolis builders
The Haryana Real Estate Appellate Tribunal had earlier rejected developers’ plea to stay the order passed by H-Rera in January last year, where H-Rera imposed a penalty on the developers and attached 10 acres of their land for not completing the project on time.
Amazon plans to create 1 million new jobs in India by 2025
The jobs – created both directly and indirectly – will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing, and are in addition to the 700,000 jobs Amazon’s investments have enabled over the last six years in India.
Rural development ministry opens application for director general of NIRD&PR
Rural development ministry has invited applications for the post of director general of the National Institute of Rural Development and Panchayati Raj (NIRD&PR) to be done directly or through deputation for w term of five years from the date of assuming charge or until the age of 60 years, whichever is earlier.
FSII recommends making India global seed production hub & pushes for 200% deduction of R&D expenditure in the seed industry
The income tax deduction for the in-house R&D has been reducing over the last few years, it said. Through an amendment as per Finance Act 2016, the weighted deduction was reduced to 150% effective from April 1, 2017 through March 31, 2020 and it indicated a further reduction to 100% from April 1, 2020.
India, Central Asian region have exclusively positive dynamics: Uzbek Foreign Minister
“…New Delhi is associated among the countries of the region not with competition for regional leadership, but as an example of mutually beneficial and respectful cooperation. From of old, India’s role in our region has always been constructive and in-demand one,” Kamilov said in his ministerial address at Raisina Dialogue.
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