India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
The much-anticipated legal battle between the Birlas and their auditor Rajendra S Lodha over the control of M P Birla group could not begin on Monday as a Calcutta high court judge declined to hear the matter on personal grounds.
Ranbir-Hrithik also grooved together!
The BCCI will not be terminating Chennai Super Kings and Rajasthan Royals but will only be suspending the two franchises for a period of two years from the Indian Premier League (IPL) as per recommendations of the Supreme Court-appointed Lodha Committee.
Flight of high-paying banking jobs to other European cities will hurt the prospects of Indian real estate developers and desis in the hospitality business in the UK, says Kunal Bose.
Sharjeel Usmani, the son of Assistant Professor Tariq Usmani of the AMU's Department of Geography, was picked by the Uttar Pradesh's anti-terrorist squad (ATS) sleuths from his uncle's house in Azamgarh on Wednesday and was subsequently produced in a court in Aligarh which remanded him in judicial custody, they said.
In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.
ICICI Bank, SBI, Axis Bank and HDFC Bank dipped between 1-2% each.
International Cricket Council chairman Shashank Manohar on Wednesday said that he is following the developments in the Board of Control for Cricket in India and that a 'strong BCCI' based on solid governance foundations is good for the game.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
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The year so far has witnessed several luxury project launches by major real estate companies such as DLF, Unitech, Supertech, Tata Housing and Godrej Properties.
The Board of Control for Cricket in India could suffer a financial loss to the tune of Rs 1600 crore if the Justice Lodha panel's recommendations on curtailing advertisement breaks during the matches is implemented.
The Birlas have filed a criminal case against Rajendra Lodha alleging that he was trying to convert some of the group's trust property in his own name for personal gain.
Earlier this month, former Supreme Court judge Jain had asked Dravid to respond in writing after receiving a complaint from Madhya Pradesh Cricket Association (MPCA) life member Sanjeev Gupta.
The popular but troubled Indian Premier League (IPL) will take place next year notwithstanding the suspension of Chennai Super Kings and Rajasthan Royals but the Champions League was scrapped for lack of fan interest.
Check out the star arrivals.
These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.
The Board of Control for Cricket in India's Committee of Administrators (COA) on Wednesday made it clear that they will not sacrifice India's interests while dealing with the International Cricket Council.
The coming weeks will be a tightrope walk for Gehlot who has 100 loyalists MLAs waiting to be rewarded on one side and the dissidents who wanted to be rehabilitated on the other, observes Prakash Bhandari.
Rajat Sharma beat Madan Lal by 517 votes to become the new president of Delhi and Districts Cricket Association.
Anu Ranjan and Shashi Ranjan organised an ITA (Indian Television Academy) Creators Walk at a five star hotel in Mumbai.
Sharma, who met Maharashtra Governor Bhagat Singh Koshyari at Raj Bhavan, along with local BJP leaders Mangal Prabhat Lodha and Atul Bhatkhalkar, said he wants stringent action against those who assaulted him.
The government ban on external commercial borrowing, or ECBs, for integrated townships has shut off a staggering $12 billion that was to be raised for integrated townships, reports CNBC-TV18.
Nagaland were all out for just 2 runs from 17 overs in an astonishing display before they lost by 10 wickets with 299 deliveries to spare.
It has been learnt that Rathour and Kanitkar are among the four applicants for the NCA coach's job.
CBI not to need prior approval to probe corrupt govt officials.
A bench headed by Chief Justice R M Lodha dismissed the PIL and expressed concern over such petitions being in the Supreme Court.
The astounded Birlas have now come together to fight the 'outsider' and to keep him from 'taking away the family's property.'
"We are sure that the will is fabricated and so are going to challenge it in the court of law," highly-placed sources in B K Birla group said on Wednesday.
Board of Control for Cricket in India secretary Anurag Thakur made it clear on Thursday that there will be no haste in any decision regarding Indian Premier League Chief Operating Officer Sundar Raman's fate amid calls for his ouster.
High drama was witnessed at the Board of Control for Cricket in India's crucial Working Committee meeting in Kolkata on Friday over the presence of Narayanswami Srinivasan, prompting president Jagmohan Dalmiya to adjourn it sine die over lack of legal clarity on the sidelined former chief's status.
The Board of Control for Cricket in India will bear the entire cost of the cash-strapped North Eastern states' Ranji Trophy debut, which has been mandated by the Supreme Court-appointed Lodha Committee, a couple of whom will play their home games at neutral venues due to lack of infrastructure.
A new bench has been constituted in the Supreme Court to hear the Sahara case which will take up the matter on May 19.
Mumbai is witnessing some big-ticket investments in bungalows by the city's billionaires.
The Ministry of Finance's Directorate of Enforcement should also be made a part of the state-level coordination panels,
Former New Zealand skipper Stephen Fleming was on Monday named chief coach of the new Pune franchise of the Indian Premier League Twenty20 cricket tournament. With this the former Chennai Super Kings coach will renew his long and most successful partnership with his former captain Mahendra Singh Dhoni who was picked in the December draft.
SC judges suspected a lack of objective criteria in the selection.
