City Councilmember Ritchie Torres’ bid to represent the South Bronx in Congress is raking in real estate cash, campaign finance records show. Torres leads a crowded pack of Democrats seeking to replace retiring Rep. José Serrano, pulling in a top $878,000 since declaring his candidacy in July. At least $110,000 of that came from people with ties to the real Read More

Intestinal bacteria illustration (stock image). The intestinal microbiome is a delicate ecosystem made up of billions and billions of microorganisms, bacteria in particular, that support our immune system, protect us from viruses and pathogens, and help us absorb nutrients and produce energy. The industrialization process in Western countries had a huge impact on its content. This was confirmed by a Read More

New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More

Despite a slew of measures to arrest the slump by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, current sentiments of the real estate stakeholders in India has plummeted to a level earlier seen during the 2014 pre-elections and demonetisation in 2016, a survey has said. According to the latest survey by industry Read More

The stock market of India was sideways on negative foreign institutional investors (FIIs). The BSE Sensex went down 30 points to 30,096 levels while the 50-stock Nifty 1 point down at 11,303 levels. The Bank Nifty index was 22 points up at 28,064 levels. Speaking on the current market scenario Sumeet Bagadia, Vice President at Choice Broking said, “Market is Read More

Builders who failed to comply with an Uttar Pradesh Real Estate Regulatory Authority (UP RERA) order to handover possession of units may now have to cough up a cumulative Rs 200 crore as penalty. Presently, more than 15 developers, the Ghaziabad Development Authority and Greater Noida Industrial Development Authority have been issued notices for the non-compliance. UP RERA identified 397 such projects in Ghaziabad, Read More

Shares of Indiabulls Real Estate were locked in 5 percent upper circuit at Rs 43.40 intraday after its board on October 11 approved a Rs 500-crore share buyback proposal. On the BSE, there were pending buy orders of 285,309 shares, with no sellers available at 1338 hours. The real estate company informed exchanges that its board of directors had approved a proposal Read More

GST Council, headed by Finance Minister Nirmala Sitharaman, held its 37th meeting in Goa on 20th September 2019. With India’s Gross Domestic Product (GDP) touching a six-year low of 5 per cent, and various sectors facing a severe downturn, the government was under huge pressure to take new measures to boost consumption and demand by reducing the GST. Despite the real Read More

Rumblings of economic slowdown may have shaken some, but it hasn’t stopped the technology industry and startups from exploring innovations to solve the problems on the ground. According to an opinion poll by the World Economic Forum (WEF), people from India are among the world’s most optimistic about technology. The opinion poll was prepared and commissioned by SAP and Qualtrics Read More

WeWork’s unsuccessful IPO attempt has generated a lot of media attention over the last two months. In Forbes, we ran a comparison of the disclosed related party transactions versus recent high profile IPOs. Our head of research was interviewed extensively at IPO Edge regarding the governance, valuation and business model considerations surrounding the offering. The same outlet also wrote about the disappearing references to cash Read More