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GST Amendment to Increase Realty Project Costs, Lease Rents
The GST Council’s recent decision to retrospectively amend the Central Goods and Services Tax (CGST) Act from July 1, 2017, could significantly impact...
Coimbatore Metro Rail Expansion Set to Begin in January 2025
The Coimbatore Metro Rail Limited (CMRL) is gearing up to begin preliminary activities for the city’s metro rail project by January-February 2025, with...
Centre Pledges ₹10,000 Crore for Visakhapatnam Steel Plant Revival
The Union government has assured financial assistance of ₹10,000 crore for the revival of Visakhapatnam Steel Plant (RINL-VSP) by January 15, 2025. Union...
TVS Emerald Acquires 12 Acres on Radial Road, Plans Rs 2,800-Crore Real Estate Project
TVS Emerald, a wholly-owned subsidiary of TVS Holdings, has acquired a 12-acre land parcel on Radial Road (PTR) in Chennai to develop a...
Sany India Targets Rs 30,000 Crore Revenue by 2030 with Expansion and Localisation Plans
Sany India, a leading construction equipment manufacturer, has set an ambitious target to achieve Rs 30,000 crore in annual revenue by 2030, marking...
Sattva Group Acquires 8.5-Acre Land Parcel in Bengaluru for Rs 300 Crore
Real estate development company Sattva Group has acquired an 8.5-acre land parcel in Bengaluru’s Export Promotion Industrial Park (EPIP) for approximately Rs 300...
Chennai Metro Signs ₹3,657 Crore Contract for Driverless Trains
Chennai Metro Rail Limited (CMRL) has entered into a ₹3,657.53 crore agreement with BEML Limited to supply 70 driverless three-car trains for its...
Minister Thangam Thennarasu Urges GST Exemption on Commercial Rents to Ease Business Burden
Tamil Nadu Finance Minister Thangam Thennarasu recently emphasized the need for GST exemption on commercial rents during the 55th Goods and Services Tax...
DGTR Initiates Probe on Steel Safeguard Duty; Shares of Metal Companies Rise
Shares of metal companies, particularly steelmakers, witnessed gains in early trade as the Directorate General of Trade and Remedies (DGTR) began its investigation...
Supreme Court: No Registration or Stamp Duty Required for Compromise Decree with Pre-Existing Property Rights
In a significant ruling, the Supreme Court has clarified that a compromise decree affirming pre-existing rights over a property does not require registration...
