Page 6 - Pratigya Yadav

Real estate sector backs proposed IBC rule change for defaults

According to experts, defaults in the real estate sector often pertain to specific projects instead of the whole group

DLF's net profit up 35% in Q3, total revenue falls to Rs 1,560 crore

Exceptional expenses last year boost profit in Q3

BIS conducts raids across Maharashtra to crack down on hallmarked jewellery

2.75 kg gold worth Rs 1.5 cr seized from outlets in Mumbai's Zaveri Bazar; Nagpur, Pune and Thane anong other cities targeted

Centre issues endorsement norms to rein in social media influencers

Non-compliance can lead to a jail term of up to 2 yrs and penalty of Rs 50 lakh

Jubilant Foodworks plans to invest Rs 900 crore in India in 12-18 months

Out of the total CAPEX, Rs 500 crore to Rs 600 crore will be funded towards stores

South Korea's Lotte to invest Rs 450 cr in Indian unit Havmor Ice Cream

Money will be used for new production facility in Maharashtra

Indian realty market to reach Rs 13 trillion by 2023: CII Delhi chairman

The conference stressed upon the critical role technology will play in this sector in improving processes in the infrastructure - construction sector

Gera Developments buys land in Pune for themed residential project

Location popular with IT/ITeS and manufacturing professionals, says ANAROCK Capital

RLDA invites bids for leasing 22,182 sqm of land in Darjeeling

The proposed land parcel will be leased out for 99 years and the reserve price of the land is Rs 73 crores

Ready homes likely to hit 6-year high in 2023, says Anarock report

The seven major cities are Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai, and Kolkata

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore

The project is located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity

Govt to mandate jewellery hallmark standards in 43 more districts

The standards authority has also increased the number of referral labs from 4 to 7 in FY23

Hamleys, Archies and WHSmith toys seized for lack of BIS quality mark

In total, 249 toys were seized from Reliance-owned Hamleys stores. Around 118 toys were confiscated from Archies stores and 65 from ones of WH Smith

15% of dietary supplements of substandard quality, says FSSAI survey

Shoddy products don't have health benefits and may cause diseases even, say experts

Pent-up demand in real estate will continue in 2023: Knight Frank India

Despite geopolitical challenges, the office sector saw a strong recovery in demand and saw a rise of 36 per cent YoY

Indian realty got $5.2 bn institutional investment in 2022, up 19%: Study

Warehousing, data centres will attract institutional investments in 'years to come', says JLL

PE investment up 58% in NCR realty in first 3 quarters of FY23: Study

PE funding in Indian real estate up 3% annually, demand for commercial and residential properties continues: ANAROCK Capital

Ajmera Realty records Rs 694 crore sales in first nine months of FY23

The sold area also included a recently launched project at Juhu which clocked sales of over 10 per cent of the sales potential on receipt RERA registration during the quarter

BIS publishes standards for USB Type C receptacles, digital TV receivers

India has set March 2025 deadline to have common charging port in all electronic devices

Offices absorb Covid-19 pandemic shock in 2022, post 3-year growth record

According to industry reports, southern cities, especially Bengaluru, Chennai and Hyderabad, are emerging as leading hubs in office space leasing owing to robust demand from tech and flex players