Life News - Page 12

Huffington Post to launch India edition by May this year

US-based leading online newspaper Huffington Post is planning to launch an India edition by May this year and negotiations are currently underway to finalise a local partner for this venture.

Worli realty: No sea-view? Property rates can crash 30 percent

A sea-facing apartment in Mumbai is considered a trophy asset and if the flat is in South Bombay, it's considered gold mine. Even in times of a downturn, an apartment in the area is always sold at staggering prices. A case in point is the tony Samudra Mahal in upmarket Worli at which apartments have consistently been sold at record prices, but its high profile residents are now an upset lot.

Good management: US cos retain global crown, Indian firms poorly run

The research found Brazil and China were slightly ahead of India with scores on an average of 2.67. The study however, took pains to point out that even bottom-ranking India has firms that boast world-class management practices.

Lower inflation may give RBI room to hold policy rate: Poll

The median consensus from the poll showed 45 of 50 economists expect the repo rate to be kept unchanged at the meeting and held steady until September before being cut by 25 basis points in the last quarter.

Jubilant Co restrained from infringing Pidilite's trademarks

According to Pidilite, the defendant company, by using the mark 'JIVANJOR MARINE PLUS' was infringing upon its (Pidilite's) registered mark and was also guilty of passing off their goods as that of the Plaintiff.

Crying wolf at Davos: Should Sharma be selling an empty dream?

With the fourth largest delegation after the US, UK and Switzerland, it is absurd to see India selling India's absent growth story and its business friendliness.

Why US giant Black & Veatch is bidding for power projects in India

Black & Veatch's size and a strong balance sheet, mean it can bid for big-ticket projects that few others can manage, outlast the notorious delays, and take on complex infrastructure projects.

India at Davos: Who said what at the WEF

Everyone from Finance Minister Chidambaram to India Inc honchos such as Ajay Piramal and Uday Kotak shared their thoughts on India at the World Economic Forum.

Davos a non-event: No govt bashing or too-big-to-fail failures this year

Davos is quieter this year than most - but that's probably because business and political leaders know recovery is a long hard road to walk.

Gold rush over? Recovery in West takes shine off emerging mkts like India

Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.

NTPC approves Rs 12,500 cr investment in Odisha plant

This approved investment is more than the earlier estimated cost of the Darlipali Super Thermal Power Project due to increase in land compensation, said a company official.

Mumbai leads in real estate NPAs, followed by Delhi

An estimated Rs 7,700-crore worth of residential and commercial properties as non-performing assets (NPAs) with banks and financial institutions are up for sale and Maharashtra, largely due to Mumbai, tops the list for bad loans to both commercial and residential properties, according to data compiled by NPAsource.com.

Bangalore to see highest office demand in India this year

"Bangalore is expected to see the second highest absorption in the APAC region and the highest demand in the country owing to expansion of the IT, ITeS and multi-national companies," C&W said in a statement.

In 2014, buying your dream home in Mumbai just got costlier

The government has increased the ready reckoner rates for Mumbai by 20 percent effective today. Ready reckoner rates are the prices set by the government and are taken as the value of the property for calculating stamp duty and registration charges.

Mumbai's Linking Road, Delhi's CP India's most expensive retail streets

Linking Road recorded rents of $ 1,548 per sqm a year, while Connaught Place recorded $ 1,444 per sqm a year for the third quarter of this year, according to a study by real estate consultancy firm Jones Lang Lasalle.

Is India under threat of a real estate bubble burst?

Banks have direct and indirect exposure to real estate. When the bubble bursts, they are left holding worthless piece of collateral. Banks fail leaving depositors in the lurch and the whole financial system collapses if the government and central bank do not step in and bail them out.

Be bullish on Indian markets but keep an eye for exit signs

From a purely amoral and economic point of view quantitative easing is not working. The problem lies elsewhere in fiscal, tax and regulatory policy.

Only small-sized apartments can save Mumbai real estate

While nothing can be done about non-selling larger configurations but reduce prices or sit indefinitely on unsold inventory, the fact is that new developments must be configured for smaller sized units, and therefore greater affordability, if the Mumbai residential market is to see a significant revival.

Buyers boycott property: Sales in Mumbai hit record 2-yr low

As many as 1.40 lakh housing units measuring 1,000 square feet remained unsold in Mumbai and the Mumbai Metropolitan Region (MMR) in the second quarter of the current fiscal.

Office rentals to remain under pressure for a while. Here's why

Decline in supply of additional office space is likely to put pressure on rental values in the coming quarters, even as the demand is expected to be moderate, industry experts say

Realty hotspot: Prices in Dwarka Expressway jump nearly 3-fold

Housing prices have jumped nearly three-fold on Dwarka Expressway in Gurgaon during last five years to Rs 7,000 per sq ft but slow pace of constuction of highway and litigation issues have become a major hurdle for growth of this corridor, property consultant DTZ has said.

Looking to buy a house? Here's what builders have to say

Here's a round-up of what India's real estate developers, industry experts and private equity players have to sat about how the industry will shape out in the next one year.

Delhi luxury real estate may plummet as country homes are the new flavour

The Delhi Development Authority's (DDA) new farmhouse policy is changing the market dynamics in the the city's luxury residential segment. Potential buyers of DLF's premium Gurgaon project and South Delhi's most sought after addresses are now flocking to the new 'country homes' that are within the city limits.