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...
Coimbatore’s Western Bypass Phase 2 Set to Commence Following Administrative Sanction
The extension of Coimbatore Western Bypass Road has been awaited for a long time and the State Highways Department is ready to launch...
Tamil Nadu Unveils ‘Global City’ Near Chennai to Manage Urban Boom
Due to rapid urbanisation, Tamil Nadu has now announced a 2,000-acre ‘Global City’ to be developed near Chennai. Led by Tamil Nadu Industrial Development Corporation...
Andhra Pradesh and HUDCO Finalize ₹11,000 Crore Loan for Amaravati Development
The Capital Region Development Authority (CRDA) of Andhra Pradesh and the Housing and Urban Development Corporation (HUDCO) signed ₹11,000 crore loan agreement on March...
