Tamil Nadu’s 2,000-Acre Global City: A Game-Changer in the Making?
Tamil Nadu government’s mega project to develop a 2,000-acre ‘Global City’ in the outskirts of Tamil Nadu, is in the systems of the industry...
India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...
Chennai’s ₹5,214 Cr Budget Prioritizes Roads, Drainage & Public Infrastructure
The Greater Chennai Corporation (GCC), announcing its largest-ever budget with a thrust on infrastructure development, came up with a budget of over ₹5000 crore....
Mining Industry Sees Cess Hike to Support Public Programs
The state government of Jharkhand has approved a hike in cess on coal and iron ore to Finance its social security schemes. The decision,...
Brigade Group, Gruhas Launch ₹300 Cr Fund to Boost Sustainable Real Estate Startups
Brigade Group, together with Gruhas, announced `The Earth Fund’, India’s first real estate tech and sustainability-focused investment fund, marking a decisive step towards sustainable...
Plotted Developments are on the Rise Among First-Time Investors
Long-term capital appreciation and affordability make plotted development the preferred option for first-time investors in India. According to a recent Magicbricks survey of 2,200...
Smartworks Expands Hyderabad Footprint with Major Lease in DLF Cyber City
Smartworks, a prominent managed workspace provider in India, has further sustained its presence in Hyderabad by leasing over 0.22 million sq. ft. of office space...
JK Lakshmi Cement Faces ₹45.6 Crore Tax Demand, Plans to Appeal
JK Lakshmi Cement Ltd, on the other hand, has got ₹45.6 crore tax demand from the Income Tax Authority for the AY 2022-23. The...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom
India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...
