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...
While, the central board of the Reserve Bank of (RBI) in its recently held 583rd meeting discussed the current economic situation, evolving challenges posed by the Covid 19 pandemic and the central bank's activities during the July 2019 to June 2020 financial year, it has remained silent on whethe... Read more...
Mindspace Business Parks REIT has restarted work on its initial public offering (IPO). As the resumption of economic activity brightens outlook for the real estate investment trust (REIT) backed by K Raheja Corp and Blackstone. Mindspace, which had filed its draft IPO prospectus in December, init... Read more...
End-user demand for Asia Pacific data centres remained robust in H1 2020, supported by the adoption of Big Data, Industry 4.0, Internet of Things, 5G and cloud computing. Henry Chin, Ph.D. Head of Research, APAC/EMEA The surge in data storage and processing requirements resulting from i... Read more...
Indiabulls Group, was focused by a cyberattack on June 22, resulting in a minor information breach involving non delicate info. Affected methods have been efficiently restored, the corporate confirmed in an official assertion. Researchers at Cyble Inc, a cyber menace intelligence agency, believes... Read more...
Cities are at the forefront of the COVID-19 pandemic and are struggling to provide adequate access to water, sanitation, healthcare services and public transit systems. Realty+ MASTERCLASS Presents a LIVE Webinar Today Evening on “Blueprint for Resilient Infrastructure” that will highlight the n... Read more...