Berggruen Hotels to add 3 ‘Keys Hotels’ in FY18
NEW DELHI (INDIA): Berggruen Hotels said it is looking at adding three properties under its brand ‘Keys Hotels’ this fiscal as part of its expansion plans in India. The hospitality… Read more »
Daily Archives: September 30, 2017
NGT slaps fine on four builders over rainwater harvesting
NEW DELHI (INDIA): The National Green Tribunal (NGT) has slapped fines on four real estate developers here after it was found that the rainwater harvesting system installed in their premises… Read more »
Unitech independent director Ghanshyam Roopchand Ambwani quits
NEW DELHI (INDIA): Realty firm Unitech said its independent director Ghanshyam Roopchand Ambwani has resigned due to old age and health concerns. In a BSE filing, Unitech said Ambwani, in… Read more »
ICRA downgrades cement demand growth to 3.5%-4% in FY18
NEW DELHI (INDIA): Rating agency ICRA has downgraded its forecast for cement demand growth to 3.5-4 per cent for 2017-18 on account of delay in revival in the first half… Read more »
Orient Cement expects to reach 12 MTPA capacity this year
NEW DELHI (INDIA): CK Birla group firm Orient Cement, which is aiming for a 15 million tonnes per annum production by 2020, expects to reach 12 MTPA output this year,… Read more »
Risk of housing bubble rising in major cities: UBS
Real estate markets in several major cities are heating up and some face risks of a bubble, with Toronto topping the list, a study from Swiss bank UBS said. “Major… Read more »
PWD issues fresh show-cause notice to AAP over Rouse Avenue house
NEW DELHI (INDIA): The Public Works Department (PWD) of the Delhi government issued a show-cause notice to the Aam Aadmi Party (AAP), asking why “illegal” allotment of its office at… Read more »