[ad_1] NEW DELHI: Macrotech Developers has executed a share purchase agreement with Phoenix Logistics and Industrial Parks for acquisition of 100% stake in Janus Logistics and Industrial Parks (JLIPPL) for Rs 47.94 crore, pursuant to which it will become a wholly-owned subsidiary of the company. “The acquisition is in pursuance of our planned strategy for…
[ad_1] Representative image VARANASI: Varanasi Development Authority (VDA) has started using advanced Geotrix software for identifying and monitoring illegal constructions in the city. This software will use satellite images to identify illegal constructions in a 200 sq km area of the city. In view of this, experts from Advanced Satellite Transformation Software provided training to…
[ad_1] Representative Image Dulux paints maker Akzo Nobel reported a 1% rise in second-quarter core profit on Tuesday, falling short of analysts’ expectations, due to weaker volume growth and price increases, sending its shares down. The Dutch paints-and-coatings maker has been focused on cutting costs as the wider industry faces a patchy recovery from a…
[ad_1] Representative image NEW DELHI: Thirteen out of 100 smart cities have completed all their projects, while 48 cities have achieved over 90 per cent completion under the Smart Cities Mission, the Lok Sabha was informed on Thursday. In a written reply to a question, Union Minister of State for Housing and Urban Affairs Tokhan…
[ad_1] Representative image CHENNAI: The Greater Chennai Corporation rents out 3,727 shops in commercial complexes in 150 prime locations, which should ideally thrive in a city known for its love of malls and shopping. Despite being located in prime areas like T Nagar, Central, Anna Nagar, Ashok Nagar, and Alwarpet, these complexes struggle to attract…
[ad_1] Representaative image Despite 10,000 homestays in the state, fewer than 4,000 are registered. Initially, the government allowed homestays as a supplementary income for rural households struggling with crop loss and price drops. The rules stipulated that only locals could run homestays and limited the number of rooms. Kodagu has 3,500 total homestays, with only…
[ad_1] Representative image China-based property developer Kaisa said on Friday it would hold an extraordinary general meeting of its shareholders on Dec. 18 to seek various approvals in relation to its $12.27 billion debt restructuring agreement. The developer has been working to restructure its debt since defaulting on $12 billion in offshore bonds in late…
[ad_1] Are you short of funds and exploring different ways of raising money? There are multiple ways to do so such as personal loan, instant loan, credit card loan and loan against an asset such as gold or securities. Each of these sources have their own set of advantages and disadvantages. For instance, when you…
[ad_1] New Delhi: The Employees’ Provident Fund Organisation (EPFO), the country’s statutory retirement fund manager, has asked the Bajaj Allianz Life Insurance company to pay a default amount of ₹121 crore towards provident fund (PF) contributions within 60 days, concluding a long-drawn-out investigation, according to an order seen by HT. The EPFO’s regional provident fund…
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