Shishir Baijal, Chairman and Managing Director, Knight Frank India On the aspect of housing demand, Section 80 C tax deduction on home loan principal repayment does not provide for a focused benefit on housing. A separate annual deduction of INR 150,000 will provide the much-needed fillip to opt fo... Read more...
As per Confederation of Indian Industry (CII), the three-pronged strategy for Union Budget 2021, should center on the key themes of growth, fiscal consolidation, and strengthening of the financial sector targeted to overcome the impact of the COVID-19 pandemic on the economy. The CII has sugges... Read more...
Desmond Dickerson, Manager, Center for the Future of Work, Cognizant As we strive to build back better, four key changes to how we work will be necessary over the next five years. “Remotopia”: work from home - from the margins to the mainstream At the outset of 2020, less than 5% of ... Read more...
During the COVID-19 pandemic, having no home, lacking access to water and sanitation, or living in overcrowded housing, has regrettably become like a ‘death sentence,’ handed out predominantly against poor and marginalised communities, a UN human rights experts said. In his first report to th... Read more...
Continuing its relentless campaign in the last 5 months to promote good ergonomic posture for Work-From-Home (WFH) employees/professionals, S Cube Ergonomics Pvt. Ltd,the authorized India Distribution partner of Humanscale, has announced the national launch of its yet another innovative initiative ... Read more...
Kamdhenu Group donates Rs.71 Lakhs to PM-CARES Fund for COVID-19 pandemic Kamdhenu Group, a well-diversified player in the steel and paints industry, has donated Rs.71 lakhs to the Prime Minister-CARES Fund to support the on-going relief efforts being undertaken in the current COVID-19 pandemic s... Read more...
In a virtual interaction, Prime Minister Narendra Modi told IBM CEO Arvind Krishna that it was a great time to invest in India and the country was welcoming investments in the tech sector. The IBM CEO also briefed the prime minister about his company's huge investment plans in India and expressed co... Read more...
The Union Cabinet chaired by the Prime Minister, Narendra Modi has given its approval for developing of Affordable Rental Housing Complexes (AHRCs) for urban migrants as a sub-scheme under Pradhan Mantri Awas Yojana - Urban (PMAY - U). ARHCs will have a two-pronged approach: First, existing va... Read more...
The new business environment caused by the ongoing Covid-19 pandemic is expected to hit the pace of investments into Indian real estate this year across various segments including residential, retail and even hitherto favourite commercial assets. Private equity inflows in 2020 is expected to be 4... Read more...
Fairfax-backed IIFL Finance Ltd, is in talks with global funds including SSG Capital, Apollo Global Management and Cerberus Capital to sell its wholesale lending portfolio. The Rs 4,560-crore exposure to real estate developers constitutes nearly 13% of its total portfolio of Rs 37,951 crore. Talk... Read more...