A day after the Budget, the industry estimates the sale of affordable homes could increase up to 20 per cent this year due to an additional exemption granted to first-time buyers.
Major companies DLF and Unitech have posted an increase in their net profit after a gap of almost two years.
Government-owned and financially ailing AI has been dropping its economy class fares to the level of low-cost carriers.
Telcos likely to get to switch from 2,300-MHz band for 4G services.
Also being considered is Rs 50 lakh-1 cr taxable income bracket.
Policy could end land acquisition and green nod problems, and encourage foreign investors.
Decades of military rule kept the country closed to foreign investors.
While the thrust will be on pan-India residential projects, office and retail launches, too, will add up to make for the realtor's project mix of 12 to 16 million sq ft during the coming year.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
Three Indian companies registered with the Registrar of Companies use the same brand name.
Agenda for FIPB meeting on Jan 18 doesn't mention its application.
DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
Divestment in top PSUs could make the ETF as big as Rs 30,000 crore.
Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.
Did GMR Infra get a sweet deal from former Maldivian president that turned sour as a new government came to power?
Action is hotting up in the telecom space, with Russian giant Sistema in preliminary discussions with Aircel to pick up an equity stake.
Though reserve for CDMA, there were no bidders for the spectrum in the recent auction. GSM operators could buy it to launch 4G and 3G services.
A large migrant population, better law and order situation made the state attractive.
Multiple disputes to ensue; auction begins today, but will do little to quell uncertainty.
After refarming, over 142.5 MHz of spectrum is expected to be available for auctioning next year.
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