PUDUCHERRY (INDIA): The Puducherry government said it proposed to offer cement at subsidised rates to low and middle income groups people and name the scheme after Congress president Sonia Gandhi…. Read more »
NEW DELHI (INDIA): The builder-buyer agreements are normally framed in favour of the builders and such terms and conditions are “unconscionable”, the apex consumer commission has said. The National Consumer… Read more »
NEW DELHI (INDIA): Indian employers expect steady hiring outlook for next three months, but their confidence have dipped to the least optimistic level since 2005 amid uncertainties in global markets,… Read more »
CHENNAI (INDIA): Property developers have urged the Tamil Nadu Government to roll back the increase in registration charges as it would lead to hike in “project costs”. “We welcome government’s… Read more »
By: H S Rao LONDON: The Hinduja group has signed a deal with Europe’s largest hotel chain to transform the UK’s iconic Old War Office building, once occupied by Britain’s… Read more »
NEW DELHI (INDIA): The Public Works Department (PWD) of the Delhi government has slapped a fine of Rs 27 lakh on the Aam Aadmi Party (AAP) for “unauthorised occupation” of… Read more »
THIRUVANTHAPURAM (INDIA): Kerala government sanctioned Rs 35 lakh for repairing the damaged house of renowned Economist, late Prof I S Gulati here. The amount will also be utilised for constructing… Read more »
NEW DELHI (INDIA): State-owned Dena Bank has cut interest rates on home loans above Rs 30 lakh to Rs 75 lakh by 5 basis points. Th ebank has reduced the… Read more »
NEW DELHI (INDIA): Mortgage lender HDFC will raise Rs 2,000 crore by issuing bonds through a private placement offer that opens on Friday to augment its long term resources. “The… Read more »
MUMBAI (INDIA): The Reserve Bank of India’s recent move to reduce risk weights and standard asset provisioning on individual housing loans are credit negative for the banking sector, says a… Read more »