November 2024

[ad_1] DEHRADUN: The Chamoli district administration has granted permission for residents of subsidence-affected Jyotirmath (formerly Joshimath) to carry out repairs on homes categorised under green and yellow zones. District magistrate Sandeep Tiwari issued the order “in public interest, granting permission for temporary repairs to residential buildings” in response to mounting demands from the affected residents…

[ad_1] NEW DELHI: BHIVE Workspace, a co-working and managed office space provider, has acquired 39,753 sq ft office space from Century Real Estate for Rs 3.54 crore. The center, situated at HAL second stage area, Old Airport Road, Indiranagar, Bengaluru, has over 1,000 seats capacity. In September 2024, it had leased 77,000 sq ft of…

[ad_1] Representative image MANGALURU: The Mangaluru City Corporation (MCC) is set to adopt a new building bylaw that makes provisions for stringent actions against violations and aims at clearing hindrances to the sustainable development of the city. A draft of the bylaw sent to the govt was returned to the city corporation for further changes….

[ad_1] Representative image ArisInfra Solutions Ltd has received Sebi‘s go ahead to raise Rs 600 crore through an initial public offering (IPO), an update with the markets regulator showed on Monday. The proposed IPO is entirely a fresh issue of equity shares and with no offer-for-sale (OFS) component, according to the draft red herring prospectus….

[ad_1] Representative image BENGALURU: India’s Grasim Industries reported a first-quarter loss on Friday, as its newly-launched paint business hurt margins while it struggled to keep a lid on costs. Indian paint manufacturers are grappling with declining customer loyalty as consumers increasingly turn to more affordable options. In response, companies have been slashing prices in an…

[ad_1] Representative Image NAGPUR: Union minister Nitin Gadkari said there is a need to make ‘smart villages’ along with smart cities to ensure a well-rounded development of the country. The Union minister said, “I am turning Bela village, 30km from Nagpur, into a smart village. If this experiment succeeds, then we can replicate it everywhere.”…

[ad_1] File photo NEW DELHI: Elan Group has given the construction contract worth over Rs 500 crore to Australia’s CIMIC Group’s construction company, Leighton Asia, for its commercial mall-Elan Imperial located in sector 82, Gurugram. The mall will span approximately nine acres with a total built-up area of about 2.5 million sq ft. The construction…

[ad_1] File photo Ventive Hospitality, a joint venture between the world’s largest private equity firm Blackstone Group and Pune-based Panchshil Realty, is looking at filing a draft prospectus for an initial public offering in the next couple of weeks, according to sources close to the development. The JV, which could be the largest international multi-brand…

[ad_1] Representative image Commercial property firm British Land reported a slight rise in its half-year profit on Wednesday, as operational strength at its retail park properties countered valuation weakness in its office-focused campuses. The British commercial property market is recovering from the post-pandemic freeze, with stabilizing property values and expectations of near-term rate cuts boosting…