Bharti Realty ties up with Asthetic Township to build commercial project in Gurugram at Rs 350 cr
Asthetic Township Developers Pvt Ltd owns nearly 3 acres of licensed land parcel in Sector 27, Gurugram, while Bharti Realty will develop the commercial project under the real estate asset management model. The project is located centrally between IFFCO Chowk and Huda metro stations, amid the residential hub and current business districts of Gurugram.
Consultative meetings with stakeholders to discuss methodology for commercial coal mining on January 28-29
"A discussion paper containing the...
Bhutani Infra gives Rs 500 cr contract to BL Kashyap Ltd to construct commercial project in Noida
Realty firm Bhutani Infra on Saturday said ...
Commercial coal miners need to pay 70% revenue share on lower output
Blocks will be auctioned on the basis of revenue share offered to the government. It will be calculated on the basis of a Coal Index and mine capacity, paid every month. The coal ministry has recently readied the model for coal price index with help from the Indian Statistical Institute, which will indicate the price of coal.
Induslnd Bank launches wealth management platform
Tts wealth management platform Pioneer Banking, which caters to high net-worth customers.
Budget 2020: What real estate sector expects from FM Sitharaman
The government does acknowledge the importance of real estate sector to kick-start the economy and has initiated various steps to safeguard ...
Srei plans to raise Rs 3,000 crore via NCDs, commercial papers in FY21
The proposals will be placed before its board for approval on February 14.
7 firms to list commercial papers worth Rs 876 crore on BSE
Till date 80 issuers have done 640 issuances of commercial papers and have successfully listed CPs of Rs 1,89,070 crore on BSE.
Reliance Jio, 6 other firms to list commercial papers worth Rs 8,812 crore on BSE
Till date 84 issuers have done 677 issuances of commercial papers and have successfully listed CPs of Rs 1,97,882 crore on BSE.
Office space absorption in top 6 cities up 22%: Report
According to consultancy firm Savills India’s report, 2020 is expected to witness strong demand for quality office space, driven by expansion, consolidation, upgrades to employee-centric workspace. Such growth symbolises that office space is on strong footing.
Commercial realty demand scales new record of 69.4 million sq ft in 2019, up 40%
While registering 40% on-year growth in leasing, preleasing activity also rose to a record level. Vacancy levels stayed low despite robust supply, rentals too increased, and co-working space take-up rose 1.43 times compared to 2018. The year witnessed record-high preleasing activity at 17.2 million sq ft, a 7.2% on-year growth.
10 firms to list commercial papers worth Rs 5,745 crore on BSE
CPs are usually issued at a discount from face value and reflect prevailing market interest rates.
Commercial mining in India could be limited in the longer term by a move towards clean energy: Care Ratings
The union cabinet on 8 January 2020, opened up coal sector for commercial coal mining to firms. End-use restrictions were believed to be the reason for low participation in the auction process of these coal mines. With the removal of these restrictions, the Centre proposes to start with the first phase of commercial coal auctions within this financial year.
American Express appoints Megha Chopra as GM & VP, Global Commercial Services India
She joins American Express from Citibank, where she led the transaction business for the northern region. Prior to this, Chopra was with Standard Chartered Bank, where she was responsible for origination, structuring and syndication for large value, complex and structured financing solutions for large corporates in North and East.
What is Commercial Paper?
Commercial paper is issued by companies to raise funds generally for a time period up to one year.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service