For the first time, the restriction on Chennai's vertical growth has been lifted. In a vision for the next 18 years, the city has a new master plan. From now on, the Chennai metropolitan development authority will even permit hundred
The 3rd Construction World Architect & Builders Awards were held recently in Mumbai. The awards, organized by ASAPP Media Information Group to recognize exceptional work done by Architects and Builders in various aspects of infrastructure and real estate sector, were
State's efforts to set a ceiling on how much land a single entity can acquire has forced companies developing special economic zones (SEZs) and large industrial projects to form hundreds of subsidiaries to buy the required tracts. Corporate India prefers
Textile major, Bombay Dyeing, will develop eight lakh sq ft of property on its surplus land in Mumbai. The company will construct a high-rise building for commercial and residential use. "We will commence construction of a high-rise tower in two
Foreign institutional investors (FIIs) have reduced their holding in real estate companies, particularly Unitech and Parsvnath Developers by over 2 percentage points and by 0.8 percentage point respectively, year-on-year. According to shareholding data available on BSE, the financial institutions and
Due to low liquidity of real estate and high mobility of investor capital, the capital cities are witnessing a price correction. Jaipur in particular has seen a fall of 20% in property prices. "The realty market in Jaipur has hit
A statement by Tata Motors said that Tatas were ''evaluating alternate options'' and considering relocating the plant and machinery. The move is a result of the agitation at the Singur SEZ (Special Economic Zone). Protests by ultra-Left activists and farmers
Under the agreement, Tech Mahindra would be the preferred systems integrator for the deployment of Redline's Mobile WiMAX solutions and Redline would be the preferred WiMAX technology provider, said a Tech Mahindra statement. Both the companies will also jointly pursue
Delhi to Mysore freights slipped by Rs 1500 to Rs 32,500 while Hyderabad and Vijaywada rates dropped by Rs 1000 each at Rs 23,000 and Rs 25,000 respectively. Rates to Bangalore, Pondicherry, Coimbatore and Chennai freights went down further by
In mid-2008 the global economy is teetering on the brink of recession. The downturn after four years of relatively fast growth is due to a number of factors - fallout from the financial crisis in the US, the bursting of
The Rs 7,265-crore is financed through a mix of debt and equity, a source close to the development said. The company has received aggregate debt sanction of Rs 4,999 crore from international, domestic banks and financial institutions in two phases,
As inflation came down by 0.06 per cent during the week ended August 23 from 12.40 per cent, analysts said it is difficult to predict that softening trend would to set in now, though falling global fuel prices will have
Focus Market Scheme, aims to help Indian companies penetrate the future international markets, where Indian exports are comparatively low and neglected, most probably due to high freight costs and undeveloped networks. "I would be happy to put the auto sector
On top of this, the government has raised the minimum support price of cotton, paving way for a further rise in cotton prices, they said. "The government has revised the MSP to Rs 2,500 a quintal for medium staple and
Market resumed trading lower and remained in negative terrain for the major part of the day. Negative opening in European markets too kept the market subdued. Capital goods sector shares witness selling pressure ahead of the crucial Nuclear Suppliers Group
Gurjar accused that during a surprise inspection of a Tilam Sangh factory last evening the General Manager informed him that the factory was running in a satisfactory manner, whereas, it has been closed for production from January onwards, he said.
Raising the issue of capital convertibility, the RBI, in its report on currency and finance 2006-08, has said that as the economy gets increasingly integrated with the global economy, the Indian banking system would also get progressively integrated with the
He has been called a maverick, a hero, a survivor. John McCain, the longtime Arizona senator adds a new title on Thursday: Republican presidential nominee. The 72-year-old McCain, who would be the oldest president in US history to take office,
Even as the deadline for reviewing the suspension of futures in four farm commodities draws near, there is still a question mark over whether the suspension will be revoked.
