In its latest report for the office market, property consultant Cushman and Wakefield said the total seats leased by enterprises could cross 50,000 during the 2021 calendar year. Enterprises had leased 18,213 seats in the first six months of the 2020 calendar year and 36,255 desks during the entire last year.
After a better-than-expected Dussehra weekend, hospitality firms are hopeful of ending the year on a positive note by doing good business over Christmas and the New Year. Typically, year-end bookings kick in two to four weeks before the season begins. Owing to pandemic-related uncertainties, hotels are seeing a significant reduction in the booking window, with travellers waiting till the last minute to make hotel reservations.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
OYO Rooms offers rooms for Rs 1,200-5,500 in all major cities.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.
This is the largest single-owner sale of Indian modern art, but it is for reasons other than this historicity that it will be remembered, says Kishore Singh.
The best way to curb gold demand is by reducing black money in circulation.
It could reach more than 530 million viewers on TV and a few hundred million more online. But can it make money for Disney Star?
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm's three-day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available in lots of 13 shares and multiples thereof.
Senior advocate S Ganesh, appearing for Roy, submitted that it may not feasible for the group to dispose of its Indian properties as the real estate prices have crashed down since June this year.
India has been termed the sleeping giant of world football by FIFA (Federation Internationale de Football Association) president Sepp Blatter, and to awaken the dormant potential of the region, the international football association has launched a new program in partnership with the football associations of seven Indian states.
Mumbai's Bandra Kurla Complex (BKC), which houses the offices of some of the biggest banks in the country, however, slipped to 26th position from the 16th position.
It was unclear how bankers were deciding which jewellers to support
Retailers and multiplex operators want mall owners to either forgo rent for the period of the shutdown or lower rent in the event the mall is open but footfalls are low.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
While industry is upbeat, start-ups in the space sector are finding it difficult to cater to the demand due to a lack of funding, issues related to policy like foreign funding, intellectual property, etc, and a lack of support in testing.
A Mughal-era manuscript filled with Indian miniatures discovered locked up in a cupboard inside a rural England castle is now up for sale at Sotheby's upcoming auction in London.
The 36 new properties, which will also include expansion across two new countries, will add 5,431 rooms.
The fair market value of an immovable property will be higher from the acquisition cost.
'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
The Tamil Nadu-based Jeevan Nedunchezhiyan, who recently made his Davis Cup debut and is expected to lead India's doubles challenge in coming years, is spending time hitting at private courts and handling the marketing of their family resort in Pondicherry.
Uber, Puma, Nissan, Britannia have already lined up for the upcoming parade of cricketing nations, looking to align with the game and its legion of fans
Despite being election year, Indian ultra HNIs are more optimistic of the country's growth journey and expect wealth to increase in the year 2019.
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
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On Wednesday, RBI reduced the cap on individual remittances abroad from $200,000 (about Rs 1.2 crore) to $75,000 (Rs 45 lakh) and also barred individuals from using funds under the scheme to buy immovable properties abroad.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
Being one of the early commentators to flag economic slowdown and caution investors on corporate earnings, Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction.
The action is in connection with its money laundering probe in the IRCTC hotel allotment scam case involving Rashtriya Janata Dal chief Lalu Prasad and his family.
To cater to the antiviral fabrics and antimicrobial segment, almost all the Indian big textiles brands, including Reliance, Arvind, Aditya Birla, Donear Group, Raymond, and Siyaram have entered the market. Companies started their journey with reusable masks and PPE kits, and today, they are offering a range of PPE clothing along with fashion and casualwear.
US companies are 'positively looking' at India.
The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.
Housing sales fell by about 30 per cent last year in seven major cities due to costlier flats and higher interest rate, says property consultant CBRE.
Warehousing and logistics segment has been among the most resilient asset classes in the pandemic.
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
Demonitisation will facilitate transparency in the real estate industry, which has had a notorious reputation as a safe locker for black money, says Saket Mohta.
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
'There is no emergency of a third wave that we are rushing for booster doses.'
