According to Assocham Survey result, majority of Indian women surveyed said they are struggling with their household budget and finding it difficult to cope with the increasing cost of living. The chamber surveyed respondents in different cities including Delhi, Mumbai, Kol…
TAFE : Impressive Track(tor) Record
Beating the industry trend, world’s third largest tractor manufacturer, Chennai based Tractors and Farm Equipment Limited (TAFE), reported a robust 30.4 % growth from Rs. 6,149 Crores in 2010-11 to Rs. 8,020 Crores in consolidated revenues for the financial year ended March…
Motor insurance : Premium Increased by 6% to 40%
The premium rates for third party motor insurance in certain cases will go up by as much as 40% from April 1, 2012 as per the notification of the IRDA (Insurance Regulatory and Development Authority).
Third party insurance cover protects the vehicle owner from any financia…
BSE: Removes 12 Companies from A Group Shares
Bombay stock exchange (BSE) has excluded 12 shares from its group A stocks, including Shree Renuka Sugars, Jet Airways, Godrej Industries,CESC, Alstom Projects & Amtek Auto. The BSE included 13 stocks in the group, including MRF, L&T Finance Holdings, Astra Zeneca …
Direct Taxes Code : Only actual rent for a house property to be taxed
By Sanjiv Chaudhary, KPMG According to the Union budget 2012- 2013, the new DTC (Direct Taxes Code) will be enacted after taking into account the report of the parliamentary standing committee. Simplify Tax Structure ..! DTC is an attempt to simplify the tax structure of our …
CREDAI Plan : Strike to Draw Govt's attention
The Confederation of Real Estate Developers' Association of India (CREDAI) has decided to meet the prime minister and has planned a nationwide strike to sensitize policy-makers to its problems.
Mr. Lalit Kumar Jain, National president, CREDAI said, "Even though the…
Target of building 20 KM of road per day by 2013-14
India's road ministry has ended the year on a high as it has awarded 62 projects having a length of 7,957 kilo metres in the current fiscal (2012-13) ,57% higher than the previous year.
It is all set to achieve its earlier announced target of building 20 km of road per …
DLFs 3 Financial Units : ICRA Assigns A Rating
India's top Credit rating agency ICRA has assigned A rating to real estate company DLFs 3 financing facilities including 2 bank facilities & a non-convertible debenture program.
The 2 bank facilities are worth Rs. 11,056 crore and Rs.1,776 crore through fund base…
India’s Residential Property Market : After One Year high appreciation is predicted..!
By Mr. Himadri Mayank, JLL India In the year 1959, Mr. Charles E Lindblom, the American political scientist, published a paper in the Public Administration Review entitled The Science of ‘Muddling Through’. In this, he contrasted what he called the ‘root method’ of decision-…
Pirojsha Godrej takes over as MD of Godrej Properties
Godrej group chairman Mr. Adi Godrej's son and ED of Godrej Properties, Pirojsha, has taken over the reigns of the company as the MD (managing director) and CEO (chief executive officer).
Mr. Godrej, a Wharton Business School graduate with a Masters in Business Administ…
