NEW DELHI: Building materials maker Kamdhenu Group is looking at over Rs 1,000 crore revenue from its paints segment over the next five years, amid rising demand for the product in line with new housing projects. The company is also in the process of hiving off its paints business into a separate entity, Satish Kumar […]
NEW DELHI: Aditya Birla Group firm UltraTech Cement on Friday reported a 45.2 per cent decline in consolidated net profit to Rs 1,774.13 crore for the fourth quarter ended March 2021 on account of reversal of deferred tax liabilities. The leading cement producer had posted a net profit of Rs 3,236.85 crore in the January-March […]
NEW DELHI: Reliance Home Finance on Saturday reported widening of its net loss to Rs 444.62 crore in the fourth quarter ended March 31. The Anil Ambani-controlled Reliance Capital subsidiary firm had reported a net loss of Rs 238.37 crore in the same quarter of the previous fiscal year. Sequentially also, the loss widened from […]
GURUGRAM: A real estate firm, which launched Trump Towers in Gurgaon and Kolkata, and its founder-director have been booked for allegedly duping its former CEO of Rs 7.5 crore, on the orders of a city court. The firm’s management is accused of inducing IIM-Calcutta alumnus Manish Jaiswal to join them by promising buyback of equity […]
NEW DELHI: Sebi on Friday said the proposed property auction on May 12 to recover dues in the matter of PVP Global Ventures will not be conducted following a Telangana High Court order. The markets regulator in a notice on April 19 announced that a property of PVP Global Ventures at a reserve price of […]
NEW DELHI: LafargeHolcim has partnered up with the Indian Institute of Technology Hyderabad (IITH) to collaborate on the development of innovative and smart building solutions. This study will explore smart sensing technology for continuous on-site strength evaluation of a concrete structure that can eventually reduce the time cycle for construction of buildings and infrastructure and […]
NEW DELHI: Bengaluru has slipped four positions to rank 40th globally in annual price appreciation of luxury residential properties, according to real estate consultant Knight Frank. In its ‘Prime Global Cities Index Q1 2021’ report, Knight Frank mentioned that New Delhi and Mumbai, too, slipped one spot each to rank at 32nd and 36th, respectively. […]
NOIDA: Developers of all real estate projects in the twin cities and Yamuna Expressway region have been asked to create isolation facilities for Covid-affected workers at their construction sites, builders’ body Naredco said on Thursday. While over 25% migrant workers have left the district for their hometowns, there are still around a lakh people working […]
NEW DELHI: Google will move to a hybrid work week, where most Googlers spend approximately three days in the office and two days “wherever they work best”, according to a note by Google and Alphabet CEO Sundar Pichai. About 20 per cent of Google’s workforce will continue to work remotely after its offices reopen later […]
Office space provider Workspace Group said on Thursday it expects a recovery in occupancy levels in the current financial year as coronavirus-related restrictions ease in the UK and financial capital London opens up for business. Office space providers are gradually recovering after work-from-home policies and the economic fallout from the pandemic hurt their margins as […]
NOIDA: The interim resolution professional (IRP) holding charge of Jaypee Infratech Limited (JIL) has decided to seek an extension of 30 days beyond the 45 days given by the Supreme Court to the National Company Law Tribunal (NCLT) to select a construction company that will complete 19,500 much-delayed flats at Jaypee’s Wish Town project. In […]
Realty developer Godrej Properties has provided its employees a five-day complete break from office work including the upcoming weekend to allow its teams to “recuperate emotionally” in the backdrop of the ongoing pandemic. The Godrej Group company is “taking a pause to heal” starting Wednesday until Monday, May 10 and has also informed customers and […]
