THE Bangladesh Bank heist in February this year really brought home the role of technology in committing fraud. Although the use of technology including malware to commit crime or fraud is not new, the case of Bangladesh Bank made people sit up because of the amount that was lost. US$101mil ... Read More »
WITH complaints from flat buyers against unfair practices by real estate firms piling up from across the state, a proposal to appoint multiple housing regulators is now under consideration, sources said. At last count, about 37,000 such cases were pending in the consumer redressal forum, official data shows. Mumbai, the ... Read More »
Brigade Group has announced the launch of its latest initiative – Brigade Real Estate Accelerator Program (REAP). A brainchild of Nirupa Shankar, Director, Brigade Hospitality, it is an organised approach to help build sustainable and scalable businesses in sectors relevant to real estate. According to a release from the Brigade ... Read More »
The implementation of the Seventh Pay Commission recommendations this year is going to bring cheer to various segments and one of the biggest beneficiaries is expected to be real estate. About Rs.1 lakh crore of money is being released as part of the hike in salaries and an additional amount ... Read More »
A new development by a few researchers confirms that a novel Wi-Fi technology has been tapped which can boast of three times the speeds as compared to present wireless networks. A team of researchers from the MIT Computer Science and Artificial Intelligence Lab have created a MegaMIMO technology that can ... Read More »
Some tech-savvy youngsters are helping New Jersey seniors cope with the rigors of new devices and technology. But when it comes to proper instruction, not all tutors are created equal. Frances Richardson got herself a brand new iPhone. “I wanted to be really hip,” she said. “I got the latest ... Read More »
The latest version is a redrawn plan after the critical citizen feedback received on the earlier draft plan last year. Though in conservative measure, and treading cautiously after the criticism of the last version, the plan has laid out several measures to increase the development potential of Mumbai. The Revised ... Read More »
Growth in overall health-care spending is slowing, but middle-class families’ share of the tab is getting larger, squeezing households already feeling stretched financially. Overall, health-care spending across the economy reached 18.2% of gross domestic product as of June, up from 13.3% in 2000, according to Altarum Institute, a health research ... Read More »
The Arab uprising in 2010 and subsequent wars in the eastern Mediterranean region have had serious detrimental effects on the health and life expectancy of the people living in many of the 22 countries in the region, according to a major new analysis from the Global Burden of Disease Study ... Read More »
We hear so frequently about the players behind Manhattan’s billion-dollar real estate projects and how foreign investors are pouring a global vault’s worth of currency into New York City property, often shielded by LLCs. It’s illuminating to get a closer look at the city’s larger real estate landscape–one that has changed ... Read More »
There’s a new building going up on the campus of the Cleveland Clinic. A very big building. “The skylight that we’re standing under will eventually cover the area of an entire football field,” says Russ Saghy, who oversees construction projects for the Cleveland Clinic. The skylight is part of the ... Read More »
In early 2004, home loan rates sank to a record low of under 7.5 per cent, thanks to the liberalisation of the Indian economy. Real estate investment was then an option only for the rich, but the low borrowing rates encouraged people from all income groups to step forward, which ... Read More »
