NEWS
Bank of India Faces Rs.1.1 Billion Tax Demand
Bank of India, one of the leading public sector banks in India, is grappling with a substantial tax demand of ?1,128 crore (approximately $150 million...
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Road Ministry Digitises Project Sanction Process
The Road Ministry of India has taken a significant step towards modernising and streamlining the process of project sanction across the country's vast...
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Road to Redevelopment
Does cluster development yield a better Floor Space Index (FSI) for developers? Mumbai, a city steeped in history, is on the brink of a transforma...
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Nod for Ultratech’s acquisition of Kesoram unit
The Competition Commission of India (CCI) approved UltraTech’s acquisition of the cement business of Kesoram Industries. Kesoram also has businesses...
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Reduced VAT on ATF to spur growth of aviation industry
Reduced VAT on ATF to spur growth of aviation industryThe Civil Aviation Ministry said that keeping aviation turbine fuel (ATF) outside the ambit of t...
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Adani Ports Achieves Record Cargo Handling
Adani Ports and Special Economic Zone Ltd. (APSEZ), India's largest private port operator, has achieved a monumental milestone in the fiscal year 2023...
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Odisha's New Railway Line to Avoid Balukhand Sanctuary
A new railway line connecting Puri and Konark in Odisha will bypass the Balukhand Sanctuary, as announced by authorities. The decision aims to mitigat...
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Unitech Resumes Construction on Two Gurugram Projects
After a hiatus of 12 years, real estate developer Unitech has commenced construction on two projects in Gurugram. The resumption of work marks a signi...
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Q1 2024 Sees 11.5 Mn Sq Ft Office Space Absorption
The office market in India's top 8 cities witnessed robust net absorption of 11.5 million square feet (sq ft) in the first quarter of 2024. This surge...
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Prestige Group Strikes Residential Deal with ADIA and Kotak AIF
Prestige Group, a leading real estate developer, has entered into its inaugural residential platform deal with Abu Dhabi Investment Authority (ADIA) a...
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