In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
Corporate revenues will decline for a third consecutive quarter in March on a YoY basis - one of the worst shows by these companies in many years.
As the demolition date of Supertech twin towers in Noida, Uttar Pradesh, inches closer, the company entrusted with the tricky task is putting the finishing touches to its preparations.
The Enforcement Directorate (ED) on Wednesday issued show causes notices for alleged foreign exchange violations of Rs 3,805 crore (Rs 38.05 billion) to telecom firms and other entities as part of its investigation into the 2G spectrum allocation case.
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
Maharashtra Minister Aaditya Thackeray on Thursday said the process of setting up a single planning authority for Mumbai is underway.
'A law firm checked credentials of Karan Ajit Judge and Nouam'
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
It is ranked 7th on the list of world's top-10 consumer finance firms
Meesho has emerged as the second-largest player by order share in this year's festive sales till now, surpassing Amazon, while Flipkart Group platforms topped the market in both orders and gross merchandise value (GMV), according to according to a report by consultancy firm Redseer. It said Flipkart Group maintained its leadership position with a 62 per cent market share in terms of GMV during the first week of the festive season, followed by Amazon which had 26 per cent share, while the remaining 12 per cent was distributed among other e-commerce players. In terms of order volume, Flipkart Group again leads the market with about 49 per cent share and SoftBank-backed Meesho ranks second with about 21 per cent order share, according to Redseer.
The era when anyone could encroach on India's land has passed and no one can dare to eye its border, Home Minister Amit Shah said in Kibithoo, Arunachal Pradesh, on Monday.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
'I cannot afford to go to court. I cannot afford to lose a case. I will fight the Gandhi way -- peacefully, non-violently, and with determination,' Purshottam Chauhan, a resident of the Sabarmati Ashram, tells Rosamma Thomas. Around him, the homes of former neighbours are rubble. About 300 Dalit families resided within the premises of the Sabarmati Ashram till 2021. Only about 40 now remain.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
China said it has suspended the project due to security concerns from a third party.
Singh said the warship's commissioning will boost India's maritime power.
Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. There were new projects worth a cumulative Rs 3.26 trillion in the July-September period, according to data provided by project tracker Centre for Monitoring Indian Economy (CMIE). This figure is much less than Rs 4.39 trillion in the June quarter (Q1FY23) and Rs 8.46 trillion in the March quarter (Q4FY22).
The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country's first manufacturing-linked solar power plant of 8 GW.
The commander said the situation in the region has been stable and no major "changes or palpable shift of stance has been noted" even as the Indian and Chinese troops are engaged in a stand-off in Demchok and Depsang in eastern Ladakh.
While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.
Construction major Larsen & Toubro invested $160.80 million in its wholly owned unit in the United Arab Emirates for business in financial services.
Many nurses hailing from Kerala are stranded in conflict-torn Iraq. Their families reveal their horror stories to Vicky Nanjappa.
Speaking at the forum, Suzuki Motor Corporation (SMC) representative director and president Toshihiro Suzuki said, "Suzuki's future mission is to achieve carbon neutrality with small cars. "We will continue active investment in India to realise Self-reliant India (Atma-nirbhar Bharat)." Under the MoU, the company's wholly-owned arm Suzuki Motor Gujarat Pvt Ltd (SMG) will invest Rs 7,300 crore for the construction of a plant for BEV batteries at a land neighboring to SMG's existing plant by 2026.
A total of over Rs 1,641 crore of premium is pending against five lease holders of MMRDA
Adani Data Networks said it plans to create a private 5G network for its operations. However, it acquired the spectrum in the last 5G auction alongside three telecom companies. Subsequently, it was granted a unified licence for access services, which enables it to provide telecom services in the country.
KazStroyServices is present in Kazakhstan, India, Turkmenistan and West Asia.
The Indian Navy described it as a "proud and historic" day for the nation and said India has joined a select group of countries having niche capability to indigenously design, build and integrate a state-of-the-art aircraft carrier.
'The Modi government is trying to suppress the matter only to save its political image'
They sought further cut in interest rates as well as reforms.
The people of Oting in Mon district in the northeastern state said they will erect a monolith in memory of the 14 people on the first anniversary of the killings.
The key demand drivers -- such as low home loan rates and income tax sops, particularly for affordable housing -- that supported the recovery in H2 FY2021, remain in place and will spur recovery again, feel experts.
Banning the import of platforms that are already being built in India serves little purpose.
Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. The lenders for the second time extended the deadline for submission of bids, which had ended on August 20, as several players, including public sector companies, were redrawing their acquisition plans, said people in the know. "There were several companies which had submitted their expressions of interest (EoIs) for the company but after due diligence decided to exit the race," said a source close to the development. "The new deadline for submitting financial offers is August-end," the source said.
A group of retired civil servants on Tuesday wrote an open letter to Chief Justice of India N V Ramana seeking intervention by the Supreme Court in the alleged illegal detention, bulldozing of residences and police violence in Uttar Pradesh following protests against certain objectionable remarks made by two now-removed Bharatiya Janata Party functionaries.
Combined debt-equity ratio of top companies declines but interest expenses outgrow profits.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Provisions in the Central GST Act say reduction in GST rates or the benefit of ITC must be passed on to consumers.
Insecurity in a relationship comes when one partner feels inferior to the other and thinks they might lose them.
The RBI's decision to hike the benchmark interest rate will make home loans costlier and affect housing sales, especially in affordable and mid-income segments, according to property consultants. The RBI on Wednesday hiked the key benchmark rate by 50 basis points. Property consultancy firms Anarock, Knight Frank India, JLL India, Colliers India, India Sotheby's International Realty and Investors Clinic said that the RBI's move was on the expected line to control inflation and this would result in an increase in interest rates on home loans.
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