Credai asks Karnataka govt for package to revive realty
The industry body also asked the state government to reduce stamp duty substantially up to September 2020, to exhaust unsold inventory and bring down the same to 1% for affordable homes.
‘Unregistered association can’t make RERA complaint’
In the absence of registration of the association, residents or allottees of the houses ...
DHFL stares at insolvency proceedings
The government notified the Insolvency and Bankruptcy Rules, 2019, to provide a generic framework for i...
How Supreme Court's crucial ruling on tribunals got the least media attention
Of the recent high-profile SC judgments, the one that got the least media attention was the most far-reaching.
Builders want homebuyers' plaints to go to RERA first
With most cases in the National Company Law Tribunal pertaining to real estate, several projects have been stalled and developers and the industry body have called for changes in the law. According to the Confederation of Real Estate Developers Association of India, 65% of the cases in the NCLT are related to real estate projects.
Essar Steel ruling: PSU bank shares rally
The Nifty PSU Bank gained 3.28% to 2457.35 – the biggest one day gain since October 31.
New IBC rules to cover financial service providers
The corporate affairs ministry has notified the Insolvency and Bankruptcy Rules, 2019. It will provide a generic framework for insolvency and liquidation proceedings of systemically important Financial Service Providers (FSPs) other than banks, an official statement said.
In a first, Haryana-Rera attaches land to raise funds for project
Passing the order against the builders, the Haryana-Rera bench said that the warrant of sale of 10 acres of unutilised land in the project and four other plots will be sent to the district collectors of Gurgaon and Gautam Budh Nagar for quick action.
WTO says US not complying fully on India steel dispute ruling
India first filed its complaint at the WTO in 2012, after Washington imposed duties of nearly 300 per cent on imports of products including carbon-quality steel pipes, after complaining that Indian steel manufacturers were benefitting from unfair subsidies.
Nirmala Sitharaman rules out quick recovery for Indian economy
FM said it’s too soon to say whether India would be able to stick to fiscal deficit targets.
NCLAT's Essar Steel ruling set aside: Everything you need to know
The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden E...
Believe govt is aware of telcos' stress; wants to see 3 pvt, 1 public sector player: Vodafone Idea CEO
In a post-earnings investor call, Vodafone Idea CEO Ravinder Takkar said the company has been engaging "very positively" with the govt and that its discussions on telecom stress began even before the AGR ruling was pronounced by SC. The SC, last month, ruled in favour of the govt and directed telecom cos, including Voda Idea, to pay dues as demanded by the DoT.
'Approach Maharashtra Governor if you have numbers': Amit Shah to opposition parties
BJP president and Home Minister Amit Shah on Wednesday slammed the opposition parties, saying their effort to raise a ruckus over the imposi...
President's rule imposed in Maharashtra
President Ram Nath Kovind has signed recommendation imposing president's rule in Maharashtra. The Union Cabinet on Tuesday recommended Presi...
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