Economy faces liquidity problem, demand recession: Assocham president Niranjan Hiranandani
There is a demand recession, and to overcome it industry needs a one-time rollover of banking credit, he said.
M P Lodha India's richest real estate entrepreneur with wealth of Rs 32,000 cr: Report
Lodha Developers' MP Lodha has been named India's rich...
One-time rollover of debt could prevent further NPAs in real estate: Niranjan Hiranandani
If it happens, it will be at the discretion of bank...
Speed up execution of relief measures: Realtors
The real estate sector is seeking emergency lifeline from the government that has announced several measures, but the actual implementation of these steps is yet to gather pace.
Ek tha multibagger! Auditor raises red flags on this high-flier IT firm
Deloitte Haskins & Sells found several transactions which highlighted a probable fraud.
Revamp for PM’s pet project 'Ek Bharat Shreshtha Bharat'
Many recommendations have been made to refashion the project into ‘high visibility’.I&B ministry and Hiren Joshi (OSD Communications & IT) in the PMO are to jointly formulate an ‘effective communication strategy’ for the programme.
PMO asks RBI to consider 1-time roll over of builders loans
Sources say the proposal is for banks to be empowered to take commercial decisions for a one-time recast of loans, and without classifying those loans as SMAs or Special Mention Accounts.
PM directs reboot of ‘Ek Bharat Shreshtha Bharat’ Programme
In a step to make ‘Ek Bharat Shreshtha Bharat’ (EBSB) programme a prime campaign, all ministries set to intensify their efforts into the programme and educational instituions reinforcing the concept of ‘unity in diversity’ and ‘national integration’.
Sidharth Malhotra-starrer 'Marjaavaan' off to a decent start, earns Rs 7.03 cr on opening day
The sequel of crime-thriller 'Ek Villain' also features Tara Sutaria.
'Ek Onkar' painted on Air India aircraft to mark 550th birthday of Guru Nanak
National Carrier Air India has painted 'Ek Onkar’ symbol on its Boeing 787 Dreamliner aircraft's tail to mark the 550th birth anniversary of...
Realtors see 15-25% rise in sales during Diwali
India’s real estate developers have changed their approach amid changing market dynamics.
Developers rejig size in prime locations to woo homebuyers
These projects are in central locations and offer modern amenities, but are smaller in size.
Hiranandani group to invest Rs 500 crore on new housing project in Mumbai
According to a latest report by PropTiger.com, housing sales declined 25 per cent in nine major cities to 65,799 units during the July-Sep quarter, while new launches fell 45 per cent as consumers sentiments and demand remained subdued.
Tax cuts to boost industry; now need to focus on spurring demand: India Inc
The need is now to address the demand side issues, RC Bhargava, Chairman, Maruti Suzuki, said.
Big relief but need more measures, says real estate sector
The latest measures are expected to boost much-needed liquidity, sentiment and demand creation.
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