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Crisis-ridden Infrastructure Leasing and Financial Services (IL&FS) is planning to sell its Mumbai headquarters, along with other non-core real estate assets, in order to raise up to Rs 6,000 crore to reduce debt, reported The Economic Times. The move comes as the firm tries to reduce close to Rs 94,000 crore debt and improve cash position, [...]

The Modi Government in its first term is credited for bringing some landmark steps to vitalise and boost the Indian real estate industry. Real Estate [Regulation and Development] Act (RERA), demonetisation, real estate investment trust (REIT) and GST have been instrumental in bringing the industry towards more organisation, transparency and structure. The government has also [...]

Driven by reforms: Weaker players exit, quality players will benefit, doubling their market share to 20% by FY24 The real estate sector is headed for consolidation with the organised players expected to gain, driven by reforms such as Rera which is improving transparency and raising consumer activism on account of poor delivery by builders. A [...]

The global innovation leader in smartphones, Apple, is believed to be set to launch a new dual sim device. One of the prominent Apple whistleblowers, known for leaking reliable Apple information, has leaked new information about a new Apple Device that will offer dual sim capabilities, for the first time in the company’s history. It [...]

The result of the Chartered Accountants Intermediate (IPC) examination held in May is expected to be declared on 1 August at about 6 pm. According to a press release issued by the ICAI (Institute of Chartered Accountants of India), the result of this exam and details of candidates’ marks will be then uploaded on the website icaiexam.icai.org The [...]

New Delhi Delhi University is likely to conduct entrance exams for postgraduate and research courses from July 1. The exams for over 70 courses will be conducted till July 6 at six locations across the country. The online registration for admissions to postgraduate, MPhil and PhD courses will begin next Monday, after a delay of [...]

INDORE: High fluctuations in cement and steel prices caused by a spur in infrastructural activities, is likely to hit real estate business. Increased prices of raw materials will spoil plans of the realtors expecting to revive themselves after last year’s slump. Industry participants said that rise in cement prices has increased the cost of project [...]

Tamil Nadu and Andhra Pradesh are on high alert as the severe cyclonic storm, Vardah over west central and adjoining southwest Bay of Bengal moved further nearly west-southwest-wards and lay centred at about 180 km east-northeast of Chennai and 250 km east-southeast of Nellore according to Cyclone Warning Centre in Visakhapatnam. As the cyclone advances, [...]

Lower food prices likely cooled India’s inflation rate in August, a Reuters poll showed, but probably not by enough to give the central bank scope to ease monetary policy again anytime soon.Official data on the consumer price index is due to be released at 1200 GMT on Monday. The median forecast from the Reuters poll [...]

Union Water Resources Ministry has proposed to set up a statutory authority to take action against those industrial units which pollute the Ganga River and its tributaries. Currently, only the Central Pollution Control Board (CPCB) can take action against such industrial units. Union Water Resources Minister Uma Bharti also said “good news” is expected in [...]

Black and Hispanic students are less likely to get proper mental health treatment than their white counterparts despite having similar rates of mental health problems, a new study shows. Led by Dr. Lyndonna Marrast, of the Harvard Medical School, researchers examined data involving youngsters under 18 years old and young adults aged 18 to 34 [...]

A new study has found that despite having a similar rate of mental health problems as white students, black and Hispanic students are less likely to receive proper mental health treatment, showcasing inherent racial inequalities that may be plaguing educational institutions. The research, led by Dr. Lyndonna Marrast, then of the Harvard Medical School, was [...]