'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
After match-making, matrimonial websites now want to grab a share of the Rs 70,000 crore (Rs 700 billion) wedding management market.
The home rental market is facing a slowdown.
The pulse duration for local calls has been reduced to 2 minutes instead of the prevailing 3 minutes. The new tariff and pulse rate would be applicable from April 1, 2003.
State-run MTNL on Thursday became the first to commercially rolled out third generation services, under which a customer would be able to access live TV, movie downloads and high speed Internet on mobile phones, at a monthly rental of Rs 599 and a call charge of 60 paise per minute.
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
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Experts say in the serviced apartments space, developers, primarily from the hospitality sector, are targeting non-resident Indians, expatriates and now, even domestic investors.
A single application and a plethora of services for passenger cars - that is what myTVS, a brand that operates under Ki Mobility Solutions and is part of the TVS family, is set to bring to customers, in a bid to disrupt the concept of "super apps" in India. Starting July 15, myTVS will launch its connected car platform or super app called myTVS Life360 for aftermarket passenger cars. Through it, customers will be able to avail themselves of a range of services like maintenance, diagnostics, roadside assistance, accessories, payments, insurance, and so on.
The automobile services segment, from radio taxi services to used cars, is seeing increased interest from venture capital (VC) investors.
Low fare air tickets and Air Deccan were synonymous for a while before the low cost bug bit the other airlines in India. Then the low cost carrier decided to not just offer low fares, but also went on to add destinations to the aviation map.
During the trip, check your bank account and credit card statements regularly for unauthorised transactions.
E-commerce players may soon rent out drones, so you can use them the way you book a cab on an app, and test viable use-cases for last-mile delivery.
Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.
Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.
'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
'Our objective is to reach a localisation rate of 50% in the span of five years.'
'When I saw my name in the list, it was unbelievable.'
This would be a key function of the Airport Economic Regulatory Authority, to be set up to regulate tariffs, said a civil aviation ministry official.
Applicants for Indian citizenship under the Citizenship (Amendment) Act 2019 (CAA) can submit any of nine documents, including valid or expired passport, ID cards and land tenancy records, to prove he or she is a national of Afghanistan or Bangladesh or Pakistan.
A Get Ahead reader complains about the practices of his cellular service provider. We share his story and invite readers to discuss their experiences.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Private players offer convenience for slightly higher rental than banks.
His value lifestyle brand Zudio signals a coming of age of retail in small town India.
The Reserve Bank of India (RBI) has given HDFC Bank six months to migrate HDFC's home loan customers to external benchmark linked lending rate (EBLR), top sources in the bank told Business Standard. Almost half of HDFC's 5.4 million customers are home loan customers. It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark. Non-banking financial companies do not have such a mandate.
Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.
Bharat Sanchar Nigam Ltd is likely to file three to four alternate tariff packages for basic telephony services with Telecom Regulatory Authority of India.
The start-up works with 2,000 owners and hosts 10,000 tenants across four cities - Bengaluru, the National Capital Region, Hyderabad and Pune.
Rishi Piparaiya lists three simple steps to manage the impact of rising prices and protect your financial future
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
The transition to UPI-based ATMs will be gradual, and consumers will not immediately switch to using standalone UPI ATMs overnight.
At Rs 919 crore, InterGlobe Aviation, the parent firm of low-cost airline IndiGo, posted its best-ever fourth quarterly net profit in the January-to-March quarter (Q4) of financial year 2022-23 (FY23). The bottom-line, however, was lower than the Street's expectations where estimates ranged from Rs 1,160 crore to Rs 2,180 crore. On the bourses, shares of IndiGo have added just 30 paise (0.01 per cent) since the announcement of the Q4-FY23 results on May 18.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
'If they are taking marquee locations and, say, are paying 50 per cent higher rent, those locations will see a spurt in rates as well.'
Govt announces slew of schemes for rural India
Start-ups are changing the way people take vacations.
