Page 7 - Pratigya Yadav

BIS launches portal for mapping of industrial units and laboratories

India must recognise and accept the importance of quality: Piyush Goyal

Lodha records Rs 9,000 cr sales in nine months, continues to prune debt

Company says it is on course to surpass its pre-sales guidance of Rs 11,500 crore for FY23

FSSAI likely to consider 'warning' stickers on front-of-pack labels

The food regulatory authority is likely to incorporate certain necessary changes such as warning labels along with the existing ratings system in the labelling draft regulations

Mirae Investments acquires industrial asset in Mumbai for Rs 130 cr

Group's first acquisition under India-focused funds allocation for high-grade real estate

Godrej Properties sells over 1 mn sq ft for Rs 435 cr at Ahmedabad project

The company has sold 870 homes with a booking value of approximately Rs 435 crore since the project was launched in October, last year

FMCG cos expect fewer price hikes, robust growth in 2023 despite headwinds

Industry strong enough to withstand another Covid hot for at least two quarters; global recession to have little impact; rural demand remains a concern

Realty sector seeks industry status, tax breaks, big housing push in Budget

Demands include 10x spike in SWAMIH fund to Rs 50,000 cr, uniform 25% corporation tax rate, finalisation of the state rental housing policy, among other things

Battery-swapping design norms to be voluntary, policy to be out this month

According to industry representatives present at the meeting, Goyal agreed to make the standardisation norms optional for battery manufacturers after receiving a request from stakeholders

Marico expands RTE portfolio with Saffola Munchiez ragi chips and makhana

The FMCG firm is tapping the increasing tribe of conscious, albeit indulgent modern consumers with this new on-the-go healthy snack brand

Mumbai Dec home sale registrations added Rs 821 cr to state revenues: Study

Need for home ownership drives demand; over 100,000 sale deeds registered for second year on trot in 2022. In fact, registrations were up 9% YoY in 2022, to hit a 10-year high

Godrej Properties buys 9-acre land in Gurugram, sees revenue of Rs 2,500 cr

Golf Course Road Extension will offer 1.6 million square feet of premium residential development

Housing sales up 50%, new supply doubles in top-8 cities in 2022: PropTiger

Mumbai and Pune lead property demand, taking a combined 56% share in overall sales; demand grew sequentially and yearly in all four quarters of the year

Net office market absorption at three-year high of 38 mn sq ft in 2022: JLL

Strong job creation, India's credentials as tech and innovation hub, firm corporate expansion plans, and a greater number of firms eyeing India for talent, were key growth drivers

Experts see 2023 as a year of smooth sailing for real estate sector

Demand likely to remain buoyant despite prospects of another rate hike; industry looking for tax breaks, lower transaction costs

Housing sales in top-7 cities up 54%, top previous high of 2014: Anarock

Current sales momentum is likely to continue in first quarter of 2023; most of the sales are driven by end-users

India makes USB Type-C charging must for device makers from March 2025

Deadline follows EU's timeline for uniform charging ports' standards, says civil servant

BIS has published 21,890 standards so far: Consumer Affairs Minister to RS

Ashwini Kumar Choubey says the standards also facilitate trade, provide investment confidence, foster innovation and support govt policies and regulations

CCI likely to appeal against NCLAT order in DLF matter: Sources

The Commission in 2018 had found DLF in contravention of the Competition Act for abusing its dominant position and discriminatory practices

Office leasing dips 13% MoM to 5.8 mn sq ft in Nov, up 60% YoY: JLL study

Experts cite global headwinds for the month-on-month dip

M3M buys 350-acre land to enter Panipat mkt and build Rs 2,700 cr township

The company expects a topline of Rs 5,000 crore from the project