Lending rate cuts key to economic recovery: Report
NEW DELHI (INDIA): Lending rate cuts are the only viable way to economic recovery as they would perk up demand and push investments, a report has said. The report said… Read more »
Daily Archives: September 26, 2017
Building materials firm CRH to buy Ash Grove Cement in $3.5 billion deal
By: Shubham Kalia and Kanishka Singh Irish building materials firm CRH Plc said it would buy U.S. cement maker Ash Grove Cement Co in a $3.5 billion deal to expand… Read more »
Maharashtra urges Modi government to bring SRA scheme under PMAY
Maharashtra Chief Minister Devendra Fadnavis has urged the Narendra Modi government to bring the state’s Slum Rehabilitation Authority (SRA) scheme under the Pradhan Mantri Awas Yojna (PMAY) so that it… Read more »
Meghalaya issues order on dumping of construction and demolition waste
SHILLONG (INDIA): Meghalaya government has issued orders against unregulated dumping of construction and demolition wastes in the open spaces and drains. “The Public Works Department (Roads) hereby informs and prohibits… Read more »
Over 12 lakh houses provided to rural beneficiaries in Odisha
BHIBANESWAR (INDIA): The Odisha government has so far provided 12.76 lakh houses to beneficiaries under different rural housing schemes since 2014-15, an official said on Friday. Completion of construction of… Read more »
Indiabulls Housing Finance raises Rs 2,000 crore via bonds
NEW DELHI (INDIA): Indiabulls Housing Finance today said it has raised Rs 2,000 crore by issuing bonds on a private placement basis. “The company has today allotted its sixth tranche… Read more »
New potential burden for Houston homeowners: Higher taxes
HOUSTON: As Houston recovers from Harvey’s devastating flooding, many homeowners could be asked to shoulder an added financial burden: higher taxes on the same houses they are struggling to rebuild…. Read more »
Benami property secret informers to get reward of Rs 1 crore
NEW DELHI (INDIA): The government of India is planning to give out cash rewards to the tune of Rs one crore to secret informers who provide tip offs to investigative… Read more »
Promoter stake sale in DLF arm removes conflicts of interest: Report
NEW DELHI (INDIA): DLF promoters’ decision to sell their entire stake in its rental arm for Rs 11,900 crore will remove existing conflicts of interest and help the realty firm… Read more »
Supertech raises Rs 350 crore from L&T Finance for housing project
NEW DELHI (INDIA): Realty firm Supertech has raised Rs 350 crore from L&T Finance to fund an ongoing housing project in Greater Noida. The Noida-based firm also plans to launch… Read more »