2022-10-09
In an effort to attract more IT companies to its campus, Infopark’s Cherthala campus has announced a rent-free period for IT/ITES companies in search of office spaces in the special economic zone (SEZ). The offer enables IT companies to enjoy offices with the same facilities and standards as that of office spaces in Infopark’s main hub in Kochi.
2022-10-09
The City and Industrial Development Corporation (Cidco) has extended the deadline for online registration of Mass Housing Scheme-August 2022 by a month which is on offer till November 3, due to overwhelming response and citizens’ demand.
2022-10-09
Riding on the festive season, the stamp and registry department has executed nearly 4,400 sale deeds worth Rs 55 crore in Ghaziabad in just nine days of Navratri. Experts see this as a clear sign of recovery from the pandemic-induced slump in the real estate sector.
2022-10-09
Markets regulator Sebi will auction the properties of three companies Sumangal Industries, GSHP Realtech and Infocare Infra Ltd on November 10, to recover money that was illegally raised from investors. A total of ten properties of three companies will be auctioned at a reserve price totalling Rs 7.68 crore, according to a public notice issued by the Securities and Exchange Board of India (Sebi).
2022-10-09
The board of directors of PNB Housing Finance approved the appointment of Vinay Gupta as Chief Financial Officer and Key Managerial Personnel of the company effective October 26, 2022. Gupta has over 20 years of experiencein financial management, financial planning, Indian and US GAAP accounting, treasury operations & budgeting.
2022-10-08
The Enforcement Directorate (ED) searched six premises, including of Rajen Dhruv of Orbit Ventures, in a money laundering case connected to the DHFL loan fraud case. It is alleged that DHFL’s erstwhile promoters Kapil Wadhawan and his brother Dheeraj Wadhawan aka Baba Dewan diverted part of the fraud money to Orbit Ventures in the form of loans which turned into non-performing assets.
2022-10-08
Star India has renewed its lease for nearly 450,000 sq ft office space spread across 16 floors of the commercial tower Urmi Estate that houses its India headquarters in Mumbai’s Lower Parel business district for a long-term tenure of nine years. The company has also leased the ground floor lobby and terrace on the 8th floor of the adjacent Urmi Iconic Building.
2022-10-08
Taking serious note of major RERA scam by 65 developers in Kalyan-Dombivli, the Thane police commissioner has formed a special investigation team (SIT) to probe the scam. It is learnt that Thane police commissioner was unhappy over investigation by Manpada as well as Ramnagar police who did not even begin probe in the case after first FIR was registered against 27 developers.
2022-10-08
Capital markets regulator Sebi cancelled the licence of Brickwork Ratings India and directed the credit rating agency to wind down its operations within six months for allegedly violating various rules. Sebi highlighted several violations by Brickwork, including that it failed to follow a proper rating process and exercise due diligence while providing ratings.
2022-10-08
The state government will acquire over 2,868 bighas of land across Mohal-Jarlu, Chhatru, Kummi, DPF Dyoda, Syanh, Tawan and Dhaban in Balh tehsil for the project. This airport would serve the larger interest of the state, besides serving as a base for the Indian Air Force as the area is close to Leh. large aircrafts will be able to land at the proposed airport.
