Tuesday 24th November 2020,
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sector

Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act

Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act

In yet another ruling upholding the rights of homebuyers, the Supreme Court directed real estate company Supertech to refund money to those who wanted to opt out of one of its projects in Noida, Uttar Pradesh. Using strong language, the apex court told the builder that it wasn’t concerned if the latter were to “sink [...]

September 10, 2016 Saheli Real Estate Comments Off on Builders beware: SC reaffirms protections for homebuyers, real estate sector must clean its act

UK services sector rebounds as companies shrug off Brexit vote shock

UK services sector rebounds as companies shrug off Brexit vote shock

Britain’s services sector enjoyed a record rise last month, as companies shrugged off the initial shock of the vote to leave the EU, according to a survey of business activity that adds to signs the economy has escaped recession in the immediate aftermath of the referendum. The Markit/CIPS purchasing managers’ index (pdf) for August rose [...]

September 5, 2016 Saheli Business Comments Off on UK services sector rebounds as companies shrug off Brexit vote shock

New regime to cement real estate sector, benefit buyers

New regime to cement real estate sector, benefit buyers

A single consolidated tax, freeing the real estate sector from 16 major taxes and levies, has the real estate sector pumped. Sector experts believe the proposed national goods and services tax (GST) would streamline the domestic supply chain and have a beneficial effect for home buyers. “Streamlining the sector’s domestic supply chain will lead to [...]

August 6, 2016 Saheli Real Estate Comments Off on New regime to cement real estate sector, benefit buyers

Will GST have an impact on the real estate sector?

Will GST have an impact on the real estate sector?

New Delhi: The goods and services tax (GST), cleared by the Rajya Sabha on Wednesday, is expected to benefit the real estate industry, though the impact will depend on the final GST rate. “The enactment of this law will single-handedly solve many of the challenges faced by the real estate sector and help in pulling [...]

August 6, 2016 Saheli Real Estate Comments Off on Will GST have an impact on the real estate sector?

GST could usher transparency in real estate sector, reduce cost of ownership of homes

GST could usher transparency in real estate sector, reduce cost of ownership of homes

NEW DELHI: The Goods and Services Tax(GST) could bring in transparency in the functioning of the real estate sector and even reduce the cost of ownership of homes for buyers, especially if the GST rate is lower than all the current rates put together, said builders and tax consultants. These consultants, however, said there’s one [...]

August 6, 2016 Saheli Real Estate Comments Off on GST could usher transparency in real estate sector, reduce cost of ownership of homes

China Battles Conflicts in Health Sector as WHO Raises Concerns

China Battles Conflicts in Health Sector as WHO Raises Concerns

BEIJING—The World Health Organization has warned China that its coveted Silk Road program can result in the spread of disease, because movements of people and goods can transfer viruses, too. “We have learned from many years of experience that with movement of people, goods and services, diseases also move around,” Margaret Chan, WHO director-general, told journalists [...]

August 6, 2016 Saheli Business Comments Off on China Battles Conflicts in Health Sector as WHO Raises Concerns

Weatherford: The worst is over for the oil sector

Weatherford: The worst is over for the oil sector

Mirroring sentiments expressed by its peers, oilfield services company Weatherford said the market, particularly in North America, has bottomed out. Weatherford, based in Switzerland with offices in Houston, reported second quarter revenue of $1.4 billion, down by almost half from last year. In North America, the company said revenue was down 26 percent year-on-year, though [...]

August 1, 2016 Saheli Business Comments Off on Weatherford: The worst is over for the oil sector

Project soon to revitalise public education sector

Project soon to revitalise public education sector

The government will come up with an action plan for revitalising the public education sector with a mission to bring back the State’s rich culture of secular education, Minister for Education C. Raveendranath has said. He was speaking after inaugurating a newly constructed building of the Karaparamba Government High School under the PRISM (Promoting Regional [...]

July 29, 2016 Saheli Education Comments Off on Project soon to revitalise public education sector

Bank strike across country today, more than 8 lakh public sector staff join protest

Bank strike across country today, more than 8 lakh public sector staff join protest

Around 8 lakh public sector bank staff joined a strike on Friday called by the United Forum of Banks Unions against the merger of the State Bank of India and its associated banks. The UFBU, an umbrella organisation, held talks with the Indian Banks Association on Tuesday, but their demands were not met, IANS reported. [...]

July 29, 2016 Saheli News Comments Off on Bank strike across country today, more than 8 lakh public sector staff join protest

File: U.S. wind electricity sector booming

File: U.S. wind electricity sector booming

With the enterprise reporting one in every of its most powerful performances on file, the yank Windelectricity affiliation said it expects a increase over the following five years. A quarterly document from the AWEA said greater than 500 megawatts of latest wind electricity weredelivered to the U.S. grid for the duration of the primary quarter [...]

April 29, 2016 Saheli Business Comments Off on File: U.S. wind electricity sector booming

Updated Qbot virus attacks public sector organizations

Updated Qbot virus attacks public sector organizations

LONDON, April 12  — A new strain of Qbot malicious software that self-updates is being used to attack public sector organizations around the world, BAE Systems reports. More than 54,000 computers in thousands of organizations — such as police departments, hospitals and universities — have been infected with the virus so far by cyber-criminals, according [...]

April 13, 2016 Saheli Business Comments Off on Updated Qbot virus attacks public sector organizations

BP delivers win to upstream sector

BP delivers win to upstream sector

OSLO, Norway, March 29  —Norwegian oil services company Aker Solutions said it secured a deal to help British energy company BP advance its global oil and natural gas portfolio. Aker said BP handed a five-year fixed contract over to cover subsea services for the British company’s global holdings in offshore oil and natural gas. Aker [...]

March 29, 2016 Saheli Business Comments Off on BP delivers win to upstream sector