As India builds its data centre capabilities, it is imperative that it is supported by green energy. This is because data centres are guzzlers of energy.
The real estate sector might have been caught off guard by the second wave of the Covid-19 pandemic, but large listed developers like Godrej Properties and Prestige Estates Projects soldier on undeterred. They aim to have sales bookings of Rs 10,000 crore in the next few years.
The residential markets across NCR observed subdued activity level in the first half of 2013 as compared to the previous review period, it said.
Farmers said the agenda of the meeting should also include amendments to be made and notified in the Commission for the Air Quality Management in National Capital Region and Adjoining Areas Ordinance, 2020 to exclude farmers from its penal provisions.
Experts tracking the sector say the scheme is aimed at clearing inventory and boosting sales
After giving negative or low returns from 2013-2016, the Nifty Realty Index is up a whopping 91.14 per cent, making it the best performer year-to-date. Can you still make money in this sector? Sanjay Kumar Singh finds out.
According to Knight Frank Research, 1.07 million sq ft of office space was transacted in Q4 FY13, thus showing a fall of 11 per cent compared to the same quarter last year.
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. That was when the RBI consolidated the rules for prepaid payment instruments (PPI), popularly understood as e-wallets or gift cards. In the process, the regulator has fast-forwarded a bottom-up card usage industry in India that is completely different from the world of bank-linked credit and debit cards.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
Homegrown auto major Mahindra & Mahindra on Tuesday said it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle categories to strengthen its leadership position in India's electric mobility segment. The company, which has set a cumulative revenue growth target of 15-20 per cent by 2025, is keeping its options open to either bring in private equity investors or carve out its EV business into a separate entity to drive its growth. M&M, which has already announced plans to invest Rs 3,000 crore in EVs, is also considering a new brand name for the electric SUVs that it will launch by 2027.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
Transcript of the Ganesh Natarajan chat on rediff on Friday.
'Indian entrepreneurs became traders for Chinese goods rather than producers of goods.'
During the six-day-long event, automakers have planned 10 global launches, 26 India specific launches, six concept vehicles, seven facelifts and 21 vehicle unveilings.
Investing heavily in a top-performing fund during good times can cause long-term pain. Don't invest lump sum at market peaks.
The national capital is expected to continue receiving moderate rainfall with some isolated intense spells for the next 24 hours, the India Meteorological Department said on Monday.
The agriculture ministry also reiterated it is ready to find a "logical solution" to the issues raised by protesting farmer unions.
The Korean major, as part of its rural push, has begun an "attack district" project with focus on 80 key districts to increase sales of its TVs, refrigerators and washing machines
Mayawati recently appointed her brother Kumar as national vice president of the Bahujan Samaj Party.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Road and rail traffic was partially affected in some regions on Monday during a 'Bharat bandh' called against the Agnipath military recruitment scheme, while protests appeared to taper off in many states, with authorities stepping up security and imposing curbs after days of unrest.
It is time he stood up and assured the middle class that they can count on him as one of their own, says Dr Sudhir Bisht.
With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.
Chinese players form a major part, around 20 per cent of the auto expo this year, despite a slowdown in the Indian automobile sector in the last one year. Over two dozen top officials from various companies were planning to participate in the event, besides a group of journalists.
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
HR Guru Mayank Rautela offers practical advice.
According to them, these marches were a "rehearsal" for their proposed January 26 "Kisan Parade" to the national capital from different parts of Haryana, Punjab and Uttar Pradesh.
Many likely to be in trouble if restive consumers also petition the courts.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.
The Union health ministry said West Bengal and Himachal Pradesh reported a casualty each on Monday, taking the total number of deaths to nine in the country due to COVID-19.
As real estate is about a tenth of the Indian economy, the extent of black money floating around in the sector is huge.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Since December 2018, monetary policy has been eased substantially by RBI with policy rates being cut by 75 bps and policy outlook being changed to 'accommodative'.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
Rediff reader Sudipto Joel from Lucknow shares his inspiring story.
