Mumbai: Little known Altico Capital became a talking point on Thursday, after the company said it missed interest payment of around Rs 20 crore on a loan from Dubai-based Mashreq Bank. This latest default by a non-banking finance company, when the sector is going through a liquidity crisis, has led to fears of the contagion spreading wider. Formed in January 2004, Altico Read More

The real estate sector in India has evolved at a rapid pace over the past few years. The government has projected that India shall become a USD $5 trillion economy by 2024-25. For the real estate and construction sectors, there have been numerous challenges, from stressed demand-supply ratio, to the financial health of companies, especially as the sector’s compliance to Read More

New Delhi: The real estate sector relief expected this week may include solutions for stalled housing projects for the stressed home buyers where projects could not be completed due to funding issues, official sources said, There have been demand for as stress fund to deal with stalled projects and bail out lakhs of stuck homebuyers from both home buyers and Read More

It is highly possible that the government would announce some measures for the real estate and auto sector in the coming weeks. Both these sectors generate a lot of employment and would definitely need some kind of relief measures. A million contractual manufacturing jobs are at risk due to the consumption slowdown, Society of Indian Automobile Manufacturers (SIAM) President Rajan Read More

Aditya Birla Sun Life AMC (ABSLAMC) is a joint venture between Aditya Birla Capital and Sun Life (India) AMC Investments. FE could not immediately ascertain which entity would be providing the exit. Unable to find investors at a mutually acceptable valuation to liquidate the Aditya Birla Real Estate Fund-I, managed by Aditya Birla Sun Life AMC, has now informed investors Read More

Prime Minister Modi with Russian President Vladimir Putin Business is going to be the thrust area now in India-Russia relationship, which has so far been seen mostly from the prism of military and civil nuclear cooperation. Even the military and civil nuclear elements of cooperation have been one-way street, with India being the buyer and Russia the supplier. But this Read More

The most anticipated part of every real estate transaction is being done with it. Every seller looks forward to the moment of closing: the period where all involved parties put a bow on the sale and the keys get handed over to the happy new owners. The closing is by nature the most complicated part of the proceedings. The task Read More

 First-hand accounts can provide a fresh perspective on the issue of violence and mental health. Illustration: Getty Images When Anna* became physically unwell as a student, her GP referred her to a psychiatrist and she agreed to voluntary treatment. After interviewing her for less than an hour, the psychiatrist diagnosed her with schizophrenia and told her there was a risk Read More

In the recent past, housing demand in the country has been on an all-time high, helping with the swift comeback of residential real estate. Residential real estate, for a very long time, has been the subject of discussion with regard to its value and business output in India. Usually favoured by several big developers across the country as a ‘robust Read More

Lifestyle diseases are on a rise among Indians under the age of 45. According to a recent report by GOQii titled India Fit Report 2019, a California-based integrated preventive healthcare platform, cholesterol has increased by 40% overall and the rise is by 135% among individuals below 45 years of age. These numbers are comparable to the same report released by Read More